News

Digital Banking
Nearly 40% of FinTechs Offer Mobile Check Deposit but Only 12% of Consumers Use It
November 21, 2023

FinTechs have emerged as disruptors in the financial industry, offering consumers a wide range of services.  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...

Artificial Intelligence
Can AI Systems Be Accountable for Bad Legal Advice?
November 21, 2023

How do you safely apply a technology that draws from everything and can generate anything? 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,...

B2B Payments
B2B Payments Are Going Digital and Getting More Personal 
November 20, 2023

The latest business-to-business (B2B) payments innovations are turning personalization into the gold standard of payment evolution.  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...

CFPB
CFPB Orders Prehired to Pay $30 Million, Cease Operations
November 20, 2023

The Consumer Financial Protection Bureau (CFPB), in collaboration with 11 states, has announced an enforcement action against Prehired, a Delaware-based company that has filed for bankruptcy and ceased operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Kohl’s President and COO Leaves Retailer After 7 Months
November 20, 2023

Kohl’s President and Chief Operating Officer Dave Alves has left the company, after about seven months in those roles. 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...

Loyalty & Rewards
American Express Allows Spending of Reward Dollars on Amazon
November 20, 2023

American Express cash-back cardholders can now spend their Reward Dollars on Amazon. 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
Cash Is King Means ‘Pay Me Sooner’ for B2B Players 
November 20, 2023

What do businesses want for the holidays? It’s simple: to get paid faster.  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....

Investments
Spanish FinTech Fence Raises $2 Million for Debt Management Software
November 20, 2023

Spanish FinTech company Fence has reportedly raised 1.8 million euros (about $2 million) in its pre-seed financing round. 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...

Security & Fraud
3 in 4 eCommerce Firms Prioritize Anti-Fraud Innovation to Prevent Data Breaches
November 20, 2023

False declines are a significant yet often overlooked issue that impacts both businesses and consumers. Picture this: You attempt to make a purchase, only to face rejection, not because of insufficient funds or fraudulent activity, but due to a false decline. These instances, where legitimate...