News

Artificial Intelligence
Unions to UK Banks: Get Ready to Retrain AI-Displaced Workers
August 27, 2024

Unions in the United Kingdom want the country’s banks to be ready to retain workers displaced by artificial intelligence. 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...

B2B Payments
Galileo Adds Mastercard Smart Data to Expense Reporting Solutions
August 27, 2024

Galileo Financial Technologies now enables its FinTech clients to connect their business customers to Mastercard’s expense reporting and analytics suite, Mastercard Smart Data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

IPO
IPO Hopefuls Eye 2025 as Present Outlook Remains Bleak
August 27, 2024

There’s a chorus growing among companies that want to go public: Wait until next year. 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,...

IPO
Klarna Revenue Jumps 27% Amid IPO Preparations
August 27, 2024

Klarna saw revenues climb in the first half of 2024 amid preparations to go public. 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,...

Digital Banking
41% of Banks Offer Embedded Finance Solutions, Have FinTechs to Thank
August 27, 2024

In today’s financial services arena, embedded finance and banking-as-a-service (BaaS) have emerged as transformative forces, redefining the way banks and financial institutions (FIs) engage with consumers and businesses. At the core of this shift is the use of application programming interfaces (APIs), which enable smooth...

Retail
Retailers Tackle the High Cost of Returns by Incentivizing People Not To
August 27, 2024

Retailers are facing mounting pressure from the costs associated with returns, but they are also discovering ways to turn this challenge into an opportunity for growth, Catherine Dummitt, VP of marketing at Narvar, told PYMNTS. Get the Full Story Complete the form to unlock this...

CFPB
CFPB’s Small Business Lending Data Collection Rule Leaps Legal Hurdle
August 26, 2024

The Consumer Financial Protection Bureau (CFPB) rule requiring lenders to gather demographic information about small business borrowers has leapt another legal hurdle.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Wearables
Chanel Launches Necklace-Watch That Connects to Smartphone
August 26, 2024

Chanel has reportedly launched a watch that is worn as a necklace and includes integrated wired headphones, a microphone and remote control. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
G Squared Raises $1.1 Billion Amid ‘Secondary Market’ Interest
August 26, 2024

Venture capital group G Squared has reportedly raised $1.1 billion for its latest fund. 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...