News

B2B Payments
Digitizing the B2B Payments Landscape Starts With … Sales?
January 14, 2025

The digitization of the B2B landscape is looking like an increasingly inevitable one. But in the near-term, the success of operational modernizations, including key B2B payment processes, could hinge on more than just technology — it may require a cultural change across all levels of...

CFPB
CFPB Sues Capital One Over ‘Highest’ Rates Promotion
January 14, 2025

The Consumer Financial Protection Bureau (CFPB) sued Capital One Tuesday (Jan. 14), alleging that the bank promoted one savings account as offering one of the nation’s “highest” interest rates at the same time it offered another one that paid out rates that were as much...

Cross Border Commerce
Thunes Adds PayPal’s Hyperwallet to Cross-Border Payments Network
January 14, 2025

Money movement platform Thunes says it has added PayPal’s Hyperwallet to its Direct Global Network. 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 this...

Investments
Genesy Raises $5.1 Million to Build AI Agents for B2B Sales
January 14, 2025

Genesy raised 5 million euros (about $5.1 million) in a seed round to grow and expand its product offering, which includes artificial intelligence agents that help with B2B sales processes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Regulation
UK’s Antitrust Regulator Tests New Powers Targeting Google
January 14, 2025

Since Jan. 1, the U.K.’s Competition and Markets Authority (CMA) has been granted new powers to regulate digital markets, investigate firms, impose remedies and enforce sanctions. The newly introduced Digital Markets, Competition and Consumers Act (DMCC) closely aligns with the European Union’s Digital Markets Act,...

Artificial Intelligence
Report: Amazon to Refashion Alexa Into AI Agent
January 14, 2025

Amazon is reportedly turning its digital assistant, Alexa, into an artificial intelligence agent. 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....

Payment Methods
Report: Half of US Consumers Use Plaid’s Payments Tech
January 14, 2025

Plaid’s revenue reportedly rose more than 25% in 2024 as more consumers encountered its tech. 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...

Social Commerce
Could Elon Musk Become TikTok’s New Owner?
January 14, 2025

China is reportedly considering selling TikTok to Elon Musk before the platform is banned. 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
JPMorgan Eyes Commercial Banking Expansion in Germany
January 14, 2025

America’s largest bank reportedly wants to grow its presence in Europe’s largest economy. 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....