News

Retail
Best Buy: Shoppers Are Shifting Their Spending Toward Seasonal Sales
May 30, 2024

As consumers prove more cautious about their discretionary retail spending, Best Buy is seeing shoppers hold off until sales events to make big purchases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Digital Banking
Jio Financial Services Launches Digital Banking App in India
May 30, 2024

Jio Financial Services launched its JioFinance app in beta mode, saying it aims to advance digital transformation and enhance the “financial well-being of every Indian.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
RBI: Online Payment Fraud in India Surges 400% in a Year
May 30, 2024

According to a new report from the Reserve Bank of India (RBI), digital payments fraud in the country grew 14.57 billion rupees ($175 million) in the year ended March 2024 from a year ago. Get the Full Story Complete the form to unlock this article...

Delivery
Amazon Prime Air Receives FAA Approval to Expand Drone Delivery
May 30, 2024

Amazon Prime Air has been granted approval by the Federal Aviation Administration (FAA) to expand its drone delivery operations. 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...

Artificial Intelligence
Security Experts Wary of OpenAI’s Safety Play
May 30, 2024

OpenAI is making a move with its next-generation artificial intelligence model, but the company’s newly formed safety committee has some experts raising eyebrows. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

eCommerce
Amazon Sellers Turning to Google Ads to Reach Shoppers
May 30, 2024

Amazon sellers are reportedly increasingly turning to Google Ads to boost their business and stand out in the crowded marketplace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

CFPB
CFPB to Examine Mortgage Closing Costs, Rising Junk Fees
May 30, 2024

The Consumer Financial Protection Bureau (CFPB) is investigating junk fees that increase the closing costs on mortgages. 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
Swift Turns to AI to Battle Cross-Border Payment Fraud
May 30, 2024

Swift is partnering with a group of banking giants to combat cross-border payment 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, PYMNTS...

B2B Payments
B2B Companies Embrace Invoice Financing to Drive Business Continuity
May 30, 2024

As businesses evolve, so too do the ways in which they pay and get paid. 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,...