News

Artificial Intelligence
BIS: Central Banks See Opportunities and Challenges From AI
July 02, 2024

Artificial intelligence is poised to transform the financial sector and broader economy, creating opportunities and risks that central banks must navigate carefully, according to a top official at the Bank for International Settlements. Get the Full Story Complete the form to unlock this article and...

eCommerce
Nexi Enables Bancomat Pay Transactions on Amazon’s Italian eCommerce Site
July 02, 2024

Customers of Amazon’s Italian eCommerce site will be able to make purchases with Bancomat Pay, following the retailer’s new partnership with Nexi. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Aggregators Expand SNAP EBT Acceptance to Woo Paycheck-to-Paycheck Shoppers
July 02, 2024

As aggregators compete to win the spending of financially struggling consumers, more players in the space are expanding their acceptance of Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Digital Banking
Revolut Revenues Jump 95% With Addition of 12 Million Customers
July 02, 2024

Revolut’s revenues jumped 95% last year as it continues to pursue a British banking license. 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,...

B2B Payments
How Supplier-Friendly Card Solutions Improve Business Cash Flow
July 02, 2024

Innovation is coming to the B2B space, providing businesses with streamlined and efficient payment solutions. 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,...

B2B Payments
State Bank of India Launches Web-Based Invoice Financing Solution
July 01, 2024

The State Bank of India reportedly launched a web-based invoice financing solution for microbusinesses and small- to 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....

B2B Payments
Basware Integrates With Amazon Business to Streamline Purchasing
July 01, 2024

Accounts payable automation and procurement solutions provider Basware announced an integration with Amazon 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...

Security & Fraud
CDK Expects to Have Hacked Systems Restored by July 4
July 01, 2024

CDK Global is reportedly restoring its systems that were hacked and expects to have all the car dealerships using its platform live by the morning of July 4. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Report: Online Shopping Warehouse Boom Transforms Rural Towns
July 01, 2024

America’s love of online shopping has transformed communities like Shippensburg. 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...