News

CFPB
CFPB Aims to to Speed Shift to Open Banking in the U.S.
June 05, 2024

The Consumer Financial Protection Bureau (CFPB) has taken another step in its push to accelerate open banking. 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...

Artificial Intelligence
Musk’s xAI Plans Spotlight Tesla’s Autonomy Challenges
June 05, 2024

For as long as cars have existed, entrepreneurs have chased the dream of autonomous vehicles. 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,...

Regulation
Will Regulators’ Public Shaming Blunt Innovation?
June 05, 2024

The respective online “walls of shame” that U.S. and U.K. regulators have proposed to erect — spotlighting companies under various investigations — may have a chilling effect on competition and innovation. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Brazil’s Kanastra Raises $21 Million for Private Credit Funds Platform
June 05, 2024

Kanastra raised $21 million in a Series A funding round to continue to improve its tech-driven back office for private credit funds and securitizations in Brazil. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Ulta: The Future of Beauty Is Click-and-Mortar™
June 05, 2024

As consumers seek more convenient buying options for even the most historically on-site trial-based categories, the beauty industry is transforming to meet shoppers’ increasing Click-and-Mortar™ expectations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
UK Neobank Starling Will Not Reapply for EU Banking License
June 05, 2024

United Kingdom neobank Starling reportedly does not plan to reapply for a European Union 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...

Retail
LoadUp Launches Logistics Division for eCommerce Furniture Retailers
June 04, 2024

On-demand junk removal company LoadUp has launched a division dedicated to helping eCommerce furniture retailers generate additional revenue from each customer interaction, including in traditional areas of loss in return logistics. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Albertsons and Uber Expand Program Delivering Surplus Food to Nonprofits
June 04, 2024

Albertsons Companies and Uber Technologies have expanded a program in which they donate and deliver surplus food to local nonprofit organizations and food banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

eCommerce
Only 22% of US Consumers Prefer Payment Options on Brand Websites
June 04, 2024

Cart abandonment — when online shoppers select items with the apparent intention to buy, only to leave those items sitting in digital limbo — happens on every eCommerce website, but PYMNTS Intelligence data reveals that it is especially common on brands’ sites. Get the Full...