News

Artificial Intelligence
AI Explained: Transformer Models Decode Human Language
October 07, 2024

Transformer models are changing how businesses interact with customers, analyze markets and streamline operations by mastering the intricacies of human language. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Point of Sale
71% of Merchants Expect Software to Replace Traditional Point-of-Sale Terminals
October 07, 2024

As digital payment technology evolves, software point-of-sale (SoftPOS) solutions are emerging as a transformative force in payments. With the potential to democratize payment acceptance, SoftPOS is set to revolutionize how merchants — both small and large — conduct transactions. Get the Full Story Complete the...

Retail
Rite Aid CMO Says ‘Data Is Our Best Friend Right Now’
October 07, 2024

Data, in the right hands, can be a business leader’s magic wand. 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...

B2B Payments
Exclusive Interview: B2B Payments Aren’t Boring Anymore: Here Are 8 Reasons Why
October 07, 2024

We’re approaching the mid-point of the decade — and it’s much more than an interesting calendar event. We’ve seen a complete transformation of payments over the past five years, from the pandemic in 2020 and its digital shift to the current focus on security, account-to-account...

Security & Fraud
UK’s APP Fraud Reimbursement Rule Goes Into Effect Monday
October 06, 2024

This week marks a major change in how U.K. banks and payment firms address fraud. 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,...

Security & Fraud
Homeland Security Blocked 500-Plus Ransomware Attacks Since 2021
October 06, 2024

U.S. cybersecurity agents have stopped more than 500 ransomware attacks since 2021. 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...

eCommerce
Amazon and Temu Copy Each Other in Battle for Sellers
October 06, 2024

Temu’s attempt to attract Amazon’s merchants has transformed the way both companies do business. 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...

Banking
Big Banks Joust With Neobanks for Lower-Income Consumer Accounts
October 04, 2024

There’s a commonality in financial services — for brick-and-mortar players and for several FinTechs, though the approach may differ: Serving the needs of lower-income households. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
CFPB: More Loans Will Require Detailed Disclosures in 2025
October 04, 2024

The Consumer Financial Protection Bureau (CFPB) and Federal Reserve raised the dollar thresholds for applicability of Truth in Lending (Regulation Z) and Consumer Leasing (Regulation M) rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...