News

Digital Banking
Starling CEO Steps Aside As Neobank’s Revenues Double
May 25, 2023

With profits increasing six-fold and revenues rising, Starling Bank’s CEO is stepping down. 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....

Payments Innovation
Payment Vaults and Tokenization Keep Card-on-File Details ‘Evergreen’ 
May 25, 2023

As businesses and households embrace subscriptions and recurring payments, their payment service providers must adopt new approaches to keeping payment details on file. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
64% of FIs Report Increases in Fraud Attacks on Credit and Debit Cards 
May 25, 2023

The heated battle between fraudsters and financial institutions (FIs) got hotter during the pandemic-era run-up in eCommerce and the use of alternative payment methods. This joyless game of whack-a-mole is keeping fraud fighters busy, but their adversaries never sleep. Get the Full Story Complete the...

Artificial Intelligence
Everything You Need to Know About Generative AI but Were Not Afraid to Ask
May 25, 2023

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 communications from PYMNTS and...

eCommerce
Ticket Resale Platforms Being Tested by Taylor Swift Tour
May 24, 2023

The ticket reselling business is being tested in new ways by the current Taylor Swift tour. 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...

Regulation
European Commissioners Say Google CEO Agrees Voluntary AI Rules Needed
May 24, 2023

Two European Commission officials said Google CEO Sundar Pichai agreed there’s a need for voluntary rules around artificial intelligence (AI). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

eCommerce
Grocery’s Global Digital Growth Lags Behind Other Industries by 29%
May 24, 2023

As consumers increase their digital engagement across all parts of their lives, online grocery adoption is growing more slowly than other parts of people’s day-to-day routines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Tyme Raises $77.8 Million to Grow South Africa, Philippines Operations
May 24, 2023

Digital banking group Tyme has raised $77.8 million in a pre-Series C capital raise. 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...

Investments
Moonfire Raises $115 Million for AI-Centric Early-Stage Startups
May 24, 2023

Moonfire Ventures has raised $115 million for European early-stage startups and the artificial intelligence (AI) space. 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....