News

Investments
Abstract Raises $4.8 Million for AI-Powered Regulatory Risk Management Platform
January 09, 2025

Abstract raised $4.8 million in seed funding to accelerate the development of its artificial intelligence-powered platform that helps businesses anticipate how proposed changes in government policy may affect them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Social Commerce
X CEO Linda Yaccarino Unveils X Money at CES 2025
January 08, 2025

Social media platform X (formerly Twitter) is taking steps toward its goal of becoming a super app. 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...

Regulation
FTC Finalizes $7 Million Settlement With H&R Block
January 08, 2025

The FTC says it has finalized a $7 million settlement with H&R Block. 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...

Regulation
DOJ Warns Against AI Washing as Ex-MoviePass CEO Pleads Guilty 
January 08, 2025

The former chief executive of MoviePass’ parent company has admitted to defrauding the company’s investors. 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
Poshmark Partners With Loop to Resell Non-Returnable Items
January 08, 2025

Online fashion resale market Poshmark launched a partnership with returns-focused commerce platform Loop. 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
How Real-Time Data Impacts Liquidity Performance
January 08, 2025

The premise of the 2002 film “Minority Report” revolves around using advanced predictive technology to stop crimes before they occur. 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...

Retail
Whatnot Raises $265 Million to Bring Live Shopping Mainstream
January 08, 2025

Live shopping marketplace Whatnot is planning to expand after raising $265 million. 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...

Faster Payments
Business Payments Push The Clearing House and RTP® to Faster Payments Tipping Point
January 08, 2025

Eight years after launching the RTP® instant payments network, The Clearing House logged a stellar 2024. Early Wednesday (Jan. 8), the consortium announced that more than $246 billion moved over the RTP network in 2024, up 94% from 2023. Transaction volume was up 38% to...

Cross-border Payments
PayU-Backed BRISKPE Launches Cross-Border Payments Platform for Indian Small Businesses
January 07, 2025

PayU-backed BRISKPE has launched a unified platform for cross-border payments that is designed for Indian small and medium-sized businesses (SMBs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....