News

Banking
CIMB Bank Selects ACI’s Solution to Create ISO 20022-Compliant Platform
May 23, 2025

Malaysia-based CIMB Bank has selected ACI Worldwide’s payment solution to bring together all account-to-account (A2A) transactions on a single platform. 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...

Artificial Intelligence
Amazon Tests Audio Summaries of Products for Shopping
May 23, 2025

Shoppers tired of doing online research on products they’re interested in buying could soon just listen to a robust CliffsNotes-type summary. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
Report: 7 M&A Deals Among Italian Banks Underway or Recently Concluded
May 23, 2025

Italy’s banking industry has reportedly seen seven merger and acquisition deals underway or recently concluded. 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...

Banking
Payments Innovators Seek Direct Access as De Novo Banking Activity Rebounds
May 23, 2025

In recent months, nonbanks have been applying for banking charters. 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...

Retail
Online Grocer FreshDirect to Open First Physical Pop-Up Store
May 23, 2025

FreshDirect, which has been an online grocer since 2002, is set to open its first physical retail location. 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...

Investments
Monarch Money Raises $75 Million to Grow Financial Wellness Platform
May 23, 2025

Monarch Money has raised $75 million in a Series B funding round to continue growing its financial wellness platform. 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...

Regulation
Report: European Commission Looking Into Visa and Mastercard Fees
May 23, 2025

The European Commission is reportedly looking into fees charged by Visa and Mastercard in a move that could lead to a formal probe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
How Hardee’s Largest Franchisee Uses AI to Serve Up Efficiency and Profits
May 23, 2025

The largest Hardee’s franchisee in the United States is harnessing artificial intelligence and data-driven insights to improve efficiency and customer satisfaction, which are key drivers of success in the fast-paced world of quick-service restaurants. Get the Full Story Complete the form to unlock this article...

Retail
AI Takes Center Stage in Amazon-Walmart Memorial Day Showdown
May 23, 2025

Memorial Day may commemorate American sacrifice and the unofficial start of summer. But for Amazon and Walmart, it marks a critical moment in the retail calendar: a high-stakes, high-visibility opportunity to flex their respective strategic muscles. Get the Full Story Complete the form to unlock...