News

Banking
British Lenders Borrow $12.7 Billion From Country’s Central Bank
March 04, 2025

Borrowing by U.K. banks from a certain Bank of England facility is reportedly at the highest level since the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Lenkie Raises $62 Million to Fund Business Supplier Payments
March 04, 2025

Cashflow management platform Lenkie has raised $62 million in new funding. 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...

Artificial Intelligence
Microsoft Unveils AI-Powered Voice Assistant to Alleviate Physician Burnout
March 04, 2025

Microsoft introduced a new clinical artificial intelligence assistant Monday (March 3) that combines advanced voice dictation and ambient listening with generative AI to alleviate doctors’ workflow burdens. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

CFPB
Report: CFPB Drops Lawsuit Against Zelle Operator and Owner Banks
March 04, 2025

The Consumer Financial Protection Bureau (CFPB) reportedly dropped its lawsuit targeting the operator and three owner banks of Zelle. 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...

Investments
Swap Raises $40 Million to Launch eCommerce Inventory Tool
March 04, 2025

Cross-border eCommerce operating system Swap has raised $40 million in new funding. 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...

Banking
Societe Generale’s Digital Banking Expected to Bolster Overall Business
March 04, 2025

Analysts expect Societe Generale’s digital retail unit to boost business as a whole. 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...

Security & Fraud
Mastercard Ramps Up AI-Driven Offensive Against Scams
March 04, 2025

A chain is only as strong as its weakest link. The bigger the chain, the more important its security becomes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Payments Innovation
How Embedded FinTech Is Becoming B2B’s Competitive Edge
March 04, 2025

The ability to embed payments across nonfinancial touchpoints and into existing systems is transforming business models across industries with new monetization opportunities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cross-border Payments
Two-Thirds of Banks Team With FinTechs on Cross-Border Payments
March 04, 2025

Digital payments have sparked interest in how traditional banking institutions, particularly in the U.S. and U.K., are partnering with FinTech companies. This is crucial in the area of cross-border payments, where consumers and businesses want faster, more efficient and more cost-effective methods for transferring funds...