News

Cross-border Payments
China Wants Banks to Up Yuan Use in Cross-Border Transactions
May 26, 2025

China’s central bank is reportedly asking lenders to use more yuan in cross-border transactions. 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
Banks Navigate Digital Asset Boom, Regulatory Shift Amid Economic Headwinds
May 26, 2025

We’re not quite at the halfway point of the year — that will come June 30 — but the long weekend offers time to pause and reflect on some significant developments within banking.  Get the Full Story Complete the form to unlock this article and...

Retail
Why Consumers Want Both an Amazon Prime and Walmart+ Membership
May 26, 2025

In an era where retailers fiercely compete for consumer loyalty, a notable phenomenon is reshaping the landscape: the rise of the dual subscriber, holding memberships to both Amazon Prime and Walmart+. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Payments Innovation
Payments Executives Say Listening Is Financial Services’ New Power Play
May 26, 2025

In the always-on, 24/7 feedback loop of financial services, technology accelerates change, and customer expectations constantly evolve. 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...

Cross-border Payments
Administration’s Tax Bill Includes 3.5% Levy on Migrant Remittances
May 25, 2025

It could soon cost more for migrants in the U.S. to send money back home. 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,...

eCommerce
China Calls for Reasonable Merchant Fees From eCommerce Platforms
May 25, 2025

China’s eCommerce regulator has issued draft guidelines for fees that companies can charge third-party merchants. 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,...

Social Commerce
Musk Back to ’24/7′ Work at His Companies Amid X Outage
May 25, 2025

After months of government work, Elon Musk says he is “super focused” on his companies. 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,...

Cross-border Payments
Trans-Fi Launches Cross-Border Payments Platform With AI-Powered Dynamic Routing
May 23, 2025

Global payment infrastructure firm Trans-Fi has launched a unified platform called BizPay that enables instant, compliant cross-border transactions with more than 250 payment methods across more than 100 countries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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...