News

Retail
Netflix Announces Plans to Open ‘Netflix House’ Retail Stores
October 13, 2023

Netflix, the popular streaming TV service, has announced its plans to open retail stores called “Netflix House” in 2025. These stores will offer fans the opportunity to fully immerse themselves in the worlds of their favorite TV shows, providing a unique and interactive experience. Get...

Retail
Amazon Prime Members Bagged $1 Billion in October Deal Day Savings
October 13, 2023

This week, Amazon and Walmart have been locked in intense competition, each striving to secure the loyalty and spending of shoppers.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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...