News

CFPB
Timeline: Administration Efforts to Dismantle the CFPB
May 27, 2025

The Consumer Financial Protection Bureau (CFPB) has faced an unprecedented period of upheaval since the transition from the Biden to the Trump administration in January 2025, culminating with Friday’s move to rescind Rule 1033. Below is a detailed timeline highlighting the key events, regulatory rollbacks,...

Artificial Intelligence
AI Startups: Logistics Startup Pallet Raises $27 Million to Scale Automation
May 27, 2025

Artificial intelligence logistics software startup Pallet raised $27 million in a Series B funding round led by General Catalyst, according to a Tuesday (May 27) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

IPO
Circle’s IPO Goals Aimed at Becoming Digital Money’s Infrastructure Layer
May 27, 2025

Each week, the evolution of the ongoing cryptocurrency-FinTech convergence seems to get another headline to hang its hat on. 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
Texas Set to Impose App Store Age Verification Rules
May 27, 2025

Texas is reportedly closer to instituting age verification standards for Apple and Google’s app stores. 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....

B2B Payments
B2B Payments Have a $120 Trillion Generational Divide
May 27, 2025

The future of B2B payments is getting closer than it looks. 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...

Mobile Commerce
From High Street to Home Screen, UK Consumers’ Mobile Shift Accelerates
May 27, 2025

While the trend toward mobile-first shopping is global, the U.K. presents a unique dynamic: consumers are actively using mobile for purchases and engagement, yet the country ranks last among eight surveyed nations in overall digital shopping engagement. Get the Full Story Complete the form to...

eCommerce
Alibaba: Instant Commerce Offering Exceeds 40 Million Daily Orders
May 26, 2025

Alibaba’s instant commerce platform has reportedly crossed the 40-million-daily-orders mark within a month of launch. 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,...

Security & Fraud
Singapore Considers Caning as Scams Jump 70%
May 26, 2025

How bad has Singapore’s scamming problem gotten? Authorities are considering corporal punishment for offenders. 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...

Payments Innovation
Open Banking Transactions Dwarfed by Card Payments in UK
May 26, 2025

Has open banking lived up to its potential in Great Britain? 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...