The Consumer Financial Protection Bureau (CFPB) reportedly dropped a lawsuit against Comerica Bank that targeted the bank’s handling of a federal benefits program, alleging that it provided poor service to the recipients of benefits. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The Consumer Financial Protection Bureau (CFPB) said Friday (April 11) that it will not prioritize enforcement of a regulation requiring a registry of nonbank financial companies that have broken consumer laws and are subject to federal, state or local government or court orders. Get the Full...
Discount retail chain Five Below reportedly suspended cargo shipments from China due to the trade war between the country and the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Revolut reportedly plans to add U.K. stocks to its trading platform within days. 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....
The use of artificial intelligence in algorithmic trading could exacerbate market volatility and amplify financial instability, according to a policy paper by the Bank of England released this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Artificial intelligence continues to dominate headlines as businesses accelerate their digital transformations. From banking to AI models, here are the top stories PYMNTS published this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Faume has raised 8 million euros (about $9.1 million) to support the European expansion of its resale platform for premium and luxury fashion brands. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
When Walmart, the largest retailer in the U.S., abruptly withdrew its first-quarter operating income guidance last week, the message was unmistakable: the tariff storm is shaking the foundations of retail planning. The announcement, citing the need to maintain pricing flexibility amid newly implemented tariffs, is...
The majority of names in the FinTech IPO Index traded lower through a tumultuous five sessions of stock market activity that was dominated by tariffs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
