News

Banking
Bridging the Digital Divide: How Banks Can Meet Customer Expectations in Lending
November 22, 2024

Banks and credit unions may feel like they offer a best-in-class digital experience — and the readiness to offer new services and options — when it comes to bringing lending products online. And they may see themselves as engaging with their customers across online channels....

Payment Methods
US Treasury Selects BNY as Financial Agent for Direct Express Program
November 21, 2024

The Bank of New York Mellon (BNY) will serve as the financial agent for the Direct Express program, which provides 3.4 million Americans with a prepaid debit card to receive monthly federal benefits. Get the Full Story Complete the form to unlock this article and...

News
FTC Refunds $1.9 Million to Victims of Credit Bureau Center Scam
November 21, 2024

The FTC is refunding $1.9 million to victims of a “free” credit report scam. 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...

Retail
Amazon vs Walmart Holiday Battle May Come Down to Loyalty Programs
November 21, 2024

As the holiday shopping season approaches, the competition between retail giants Walmart and Amazon intensifies, shaping the eCommerce landscape. Both companies have established themselves as formidable players, offering extensive product assortments, competitive pricing and efficient logistics networks that ensure quick delivery. This rivalry is particularly...

B2B Payments
Mastercard and Fundbot Team to Speed B2B Payment Flows
November 21, 2024

Mastercard has joined forces with Fundbot, a United Arab Emirates (UAE)-based supply chain financing FinTech. 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,...

Retail
App Provider Rankings: Ulta Beauty Revamps Digital Strategy to Boost Engagement
November 21, 2024

With the shopping season upon us, PYMNTS’ App Provider Rankings take a peek into shopping apps. And what we found were some strategies paying dividends in retail app usage and access. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

News
Lightning AI Raises $50 Million for PyTorch Artificial Intelligence Framework
November 21, 2024

Artificial intelligence (AI) development platform Lightning AI has obtained a $50 million equity investment. 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...

Retail
Instacart CEO Focuses on Grocery Partnerships as Firm’s Value Drops
November 21, 2024

Instacart’s CEO is focusing on grocery partnerships amid investor skepticism. 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 form,...

News
This Week in B2B: Simplicity, Automation and Blockchain (Yes, Blockchain)
November 21, 2024

The contemporary B2B landscape is being reshaped by a seismic shift toward automation and simplification. 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,...