News

Regulation
Bank of London Discloses Investigation by UK’s Prudential Regulation Authority
May 15, 2025

FinTech company Bank of London is reportedly being investigated by the Bank of England’s Prudential Regulation Authority (PRA) for unspecified “historic” events and for inaccurate record-keeping, lax regulatory reporting and governance failures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Coinbase Reimburses Customers Following $20 Million Extortion Attempt
May 15, 2025

Coinbase is reimbursing users following a data breach that turned into an extortion attempt. 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...

Security & Fraud
DEA: US Banks ‘Prime Candidate for Exploitation’ by Money Launderers
May 15, 2025

Banks in the United States are increasingly finding themselves ensnared in cartel-connected money laundering operations. 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,...

Payment Methods
Digital Wallets Want to Replace Your Apps, Not Just Your Cards
May 15, 2025

It’s no secret that the world is moving faster. In parallel, the way we move money is evolving just as rapidly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Social Commerce
47% of Consumers Check Customer Feedback Before Buying Recommended Items
May 15, 2025

Despite the booming influencer marketing landscape, American consumers exhibit a strong inclination to conduct independent research before committing to a purchase based on a social media recommendation. This highlights a nuanced dynamic where influencer endorsements hold some sway but are rarely the sole determinant of...

Retail
Report: Dick’s Sporting Goods Seeks $2.3 Billion Acquisition of Foot Locker
May 14, 2025

Dick’s Sporting Goods is reportedly close to reaching a deal to acquire Foot Locker for about $2.3 billion. 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...

B2B Payments
Expedia Adds APIs to B2B Platform to Help Build Travel Packages
May 14, 2025

Expedia Group enhanced its B2B segment, Private Label Solutions, by adding APIs that help its partners build travel packages. 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...

B2B Payments
Procurify Adds New Insight Feature to Spend Management Platform
May 14, 2025

Procurify introduced an analytics feature for its middle-market-focused spend management 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 our daily newsletter, PYMNTS Today. By completing...

Ridesharing
Uber Debuts Savings Tools as Consumer Budgets Tighten
May 14, 2025

Uber has rolled out a series of products designed to help customers save money. 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....