News

Transaction Services and Silverflow Collaborate on Customer Payments Management
Payment Methods
Transaction Services and Silverflow Collaborate on Customer Payments Management
October 19, 2023

Transaction Services, a leader in payment processing, has partnered with Silverflow, a cloud-based payment processing platform, to enhance the management of customer payments, the companies announced Thursday (Oct. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

J.P. Morgan Payments Selects Trulioo for Identity Verification Services
Security & Fraud
J.P. Morgan Payments Selects Trulioo for Identity Verification Services
October 19, 2023

J.P. Morgan Payments has chosen Trulioo, a leading identity verification platform, to combat fraud and other financial crimes for its clients, according to an announcement Thursday (Oct. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

CFPB’s New Open Banking Rule Targets Data-Sharing Consistency
CFPB
CFPB’s New Open Banking Rule Targets Data-Sharing Consistency
October 19, 2023

The Consumer Financial Protection Bureau’s open banking rule is a rough draft. 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...

BMW Tapping D2C as Auto Companies Turn to Omnichannel
eCommerce
BMW Tapping D2C as Auto Companies Turn to Omnichannel
October 19, 2023

BMW Group is dipping its toe in the water with direct-to-consumer (D2C) sales, beginning with its Mini brand, as the auto industry increasingly integrates eCommerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Galileo Aims to Combat Fraud With Payment Risk Platform
Security & Fraud
Galileo Aims to Combat Fraud With Payment Risk Platform
October 19, 2023

Galileo Financial Technologies has unveiled its Payment Risk Platform to help combat fraud. 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...

Biggest Banks Cut 20,000 Jobs Amid High Interest Rates
Banking
Biggest Banks Cut 20,000 Jobs Amid High Interest Rates
October 19, 2023

Staffing levels at some of America’s biggest banks are reportedly getting smaller. 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...

Remitly and Mastercard Team on Cross-Border Payments and Remittances
Payment Methods
Remitly and Mastercard Team on Cross-Border Payments and Remittances
October 19, 2023

Mastercard and Remitly Global, Inc. announced a partnership Thursday (Oct. 19) to expand access to cross-border payments and remittances. 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...

Amazon Debuts ‘Consult-a-Friend’ Mobile Shopping Feature
Retail
Amazon Debuts ‘Consult-a-Friend’ Mobile Shopping Feature
October 19, 2023

Amazon wants shoppers to get real-life feedback within the virtual world of its mobile ad. 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...

Challenges and Changes Loom as Fed Mulls and Court Considers Debit Interchange Fees
Regulation
Challenges and Changes Loom as Fed Mulls and Court Considers Debit Interchange Fees
October 19, 2023

Debit interchange fees may see a revamp — a refashioning of the charges levied on merchants, the likes of which has not been seen in a decade. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...