News

Security & Fraud
US Money Laundering Fight May Soon Turn Corner
February 28, 2024

Is the tide turning in America’s war on money laundering? 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...

Artificial Intelligence
Media and Entertainment Companies Go All-In on Generative AI
February 28, 2024

Creativity is inherent to the media industry and crucial to understanding the industry’s openness to and enthusiasm for experimentation and innovation. Its mission to offer engaging content also drives it to explore ways of enhancing creative capabilities while simultaneously streamlining elements of production processes, reflecting...

eCommerce
Coupang Q4: Farfetch Acquisition Opens Door to Untapped Luxury Goods Market
February 27, 2024

Korean eCommerce giant Coupang announced fourth-quarter earnings on Tuesday (Feb. 27), reporting a year of accelerated growth, record profits and a strong cash balance of over $5.5 billion dollars. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Regulation
Capital One Says Repair of Discover’s Regulatory Challenges a ‘Big Undertaking’
February 27, 2024

Capital One expects the process of fixing Discover Financial’s regulatory challenges to be long and expensive. 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...

Cross-border Payments
Brazil’s Central Bank Promotes Pix as Cross-Border Payment Solution
February 27, 2024

Brazil’s central bank is reportedly looking to take the country’s instant-payment system, Pix, to the global stage. 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...

Artificial Intelligence
Ebay Taps AI to Drive Auto Sales, Social Commerce
February 27, 2024

As eCommerce merchants explore ways for artificial intelligence (AI) to drive conversion and efficiency, eBay is looking to the technology to boost high-ticket auto parts sales and to grow its reach in social commerce.  Get the Full Story Complete the form to unlock this article...

IPO
Report: Klarna Aims for Q3 IPO, $20 Billion Valuation
February 27, 2024

Klarna, the Swedish FinTech company once crowned as Europe’s most valuable startup, is reportedly in discussions with banks for a potential U.S. initial public offering (IPO) valued at $20 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Trax Debuts ‘Signal-Based Merchandising’ to Brands In-Store Visibility
February 27, 2024

Retail brand management company Trax has debuted its signal-based merchandising (SBM) solution. 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...

B2B Payments
Klarpay Debuts Accounts Designed for Entrepreneur Customers
February 27, 2024

Swiss financial institution Klarpay has debuted a financial solution for entrepreneurs. 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...