News

Investments
Earned Wealth Raises $200 Million for Doctor-Focused Financial Services Platform
July 10, 2024

Earned Wealth has raised $200 million for its business that advises doctors on their professional and personal finances. 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
Sonar Launches Service Identifying Compromised Customer Data
July 10, 2024

Fraud data sharing consortium Sonar has launched a new service that helps banks and FinTechs verify if their customer data has been compromised in a breach or used for fraudulent activities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Costco to Raise Membership Fees for First Time in 7 Years
July 10, 2024

Costco will raise its annual membership fees in the United States and Canada for the first time in seven years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Wearables
Samsung Enters Smart Ring Market, Expanding Wearable Tech Portfolio
July 10, 2024

Samsung unveiled its artificial intelligence (AI)-powered Galaxy Ring at a product launch event in Paris on Wednesday (July 10), marking the South Korean tech giant’s first entry into the smart ring category. Get the Full Story Complete the form to unlock this article and enjoy...

Digital Banking
FDIC Warnings on Nonbanks Point to Gaps in Deposit Insurance
July 10, 2024

They say there are no guarantees in life. 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...

Security & Fraud
OCC Head: ‘Tried-and-True Scams’ Remain Common in Financial Fraud
July 10, 2024

Banks can help combat fraud targeting consumers by verifying the accuracy of transactions, educating the public, and maintaining strong controls and fraud monitoring capabilities, Acting Comptroller of the Currency Michael J. Hsu said. Get the Full Story Complete the form to unlock this article and...

Retail
1 in 4 Consumers Want to Be Entertained While Shopping
July 10, 2024

With consumers growing accustomed to the constant stimulation of digital multitasking, many shoppers are finding that the act of purchasing is not enough to keep them entertained. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
F&B Brands Enter Virtual Worlds to Reach New Consumers
July 10, 2024

As food and beverage brands look for new ways to drive acquisition and loyalty, key players are turning to virtual worlds to reach consumers in more parts of their day-to-day digital routines. Get the Full Story Complete the form to unlock this article and enjoy...

CFPB
CFPB Proposes Rule Requiring Mortgage Servicers to Help Struggling Homeowners
July 10, 2024

The Consumer Financial Protection Bureau (CFPB) aims to require mortgage servicers to do more to help struggling homeowners before foreclosing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....