News

Payment Methods
Embedded Payments Demand That Firms Understand ‘Entire Chain’ of Transactions
October 13, 2023

“We’re still in the early innings” of embedded payments, Hersh Mansukhani, vice president of platforms and embedded payments at Fiserv, told PYMNTS’ Karen Webster. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Fintech Investments
Partnerships and SoFi’s Galileo BNPL Expansion Lead FinTech IPO Index 1.3% Higher
October 13, 2023

Bank earnings start Friday. 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, you agree to receive marketing...

Retail
Todd Vasos Returns as Dollar General CEO to ‘Restore Stability’
October 12, 2023

Dollar General appointed current board member and former CEO Todd Vasos as its new CEO, effective Thursday (Oct. 12). 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...

Digital Banking
LendingClub Cutting 14% of Workforce as Interest Rates Pressure Marketplace
October 12, 2023

LendingClub is laying off 172 employees — about 14% of its workforce — to reduce costs and navigate the “challenging macroenvironment.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cross-border Payments
Papaya Global Introduces Direct Deposit Tool for Cross-Border Payments
October 12, 2023

Papaya Global, a leading provider of global workforce management solutions, has introduced a new tool for cross-border payments. 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...

Regulation
RBI Fines Paytm Payments Bank for KYC Violations
October 12, 2023

India’s central bank, the Reserve Bank of India (RBI), has fined Paytm Payments Bank for non-compliance, including Know Your Customer (KYC) regulations, according to an Oct. 12 (Thursday) statement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

CFPB
TransUnion Faces Allegations of Violations of Fair Credit Reporting Act
October 12, 2023

The Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) have taken enforcement actions against consumer reporting company TransUnion, alleging multiple violations of the Fair Credit Reporting Act. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
UK’s Sign of the Times to Expand Luxury Resale Platform
October 12, 2023

London-based luxury resale platform Sign of the Times, has recently received new investment from industry leaders, including BrandAlley and Sweaty Betty founder Tamara Hill-Norton. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
It’s Not Just FTX: Businesses Are Giving Anthropic Billions for Safer AI
October 12, 2023

On the surface, cryptocurrency and artificial intelligence (AI) don’t have much in common.  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....