News

Loyalty & Rewards
15% of Cardholders Cite Rewards for Increased Credit Card Spending
December 19, 2023

Bank-issued credit cards, owned by nearly 200 million individuals in the United States, have become an essential financial tool amid inflation and rising costs, providing relief to households navigating a challenging economic environment. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Win-Win Relationships Show AP and AR Automation Is a Must, Not a Maybe
December 19, 2023

In an uncertain economy, cash-on-hand matters more than ever. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...

Security & Fraud
Versatile Credit Enhances Fraud Screening With Prove Identity Integration
December 19, 2023

Versatile Credit has integrated with Prove Identity to both enhance its fraud screening and streamline its customer onboarding experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

eCommerce
Shopee Acquires Blu’s Local Credit Arm, Grows Presence in Brazil
December 18, 2023

Shopee, an eCommerce firm owned by Singapore-based Sea, is expanding its presence in Latin America with the acquisition of the local credit arm of Brazilian FinTech company Blu. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Regulation
CFPB Director Says Regulators Must Monitor Tech’s Role in Finance
December 18, 2023

Regulators must use their legal authorities to guard against risks posed by the growing role of large technology firms in the financial system, Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), said Monday (Dec. 18). Get the Full Story Complete the form to unlock this article...

Security & Fraud
VF Corporation Says Cyberattack Impacts Ability to Fulfill Orders
December 18, 2023

VF Corporation, the owner of Vans, The North Face, Timberland and Dickies, is having trouble fulfilling orders after a Wednesday (Dec. 13) cyberattack. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
MongoDB Reports Security Breach of Its Database Management Company
December 18, 2023

Database management firm MongoDB is investigating a security breach that exposed customer information. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Payment Methods
Visa Adds Real-Time Money Movement to FinTech Fast Track
December 18, 2023

Visa is letting members of its FinTech Fast Track program join its Visa Direct platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Retail
Kroger’s Home Chef Partners With Delish as Grocers Monetize Recipe Content
December 18, 2023

As grocers seek ways to monetize consumers’ enthusiasm for digital culinary content, Home Chef is partnering with Delish to create meal kits based on the popular food media brand’s recipes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...