News

Security & Fraud
Old School Fraud: Counterfeit Cash Makes Global Comeback
March 15, 2024

While we were all watching online fraud, social engineering and ransomware, an old school financial crime tactic is rearing its ugly head. Counterfeit banknotes are making a comeback back all over the world, exposing in-store merchants and restaurants to potential lost revenue. Get the Full...

Artificial Intelligence
This Week in AI: Optimism, EU Regulations and Lightweight Bots
March 15, 2024

This week in artificial intelligence (AI) news, a study examined different views on AI’s future, while the EU is moving forward with strict AI laws. Meanwhile, smaller and more efficient chatbots, like Inflection’s Pi upgrade, are making AI cheaper and more accessible for businesses, showing...

Payment Methods
SAP Adds Composable Payment Solution to Commerce Cloud
March 15, 2024

SAP has launched a composable payment solution designed to help retailers add new payment options. 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,...

Retail
Home Depot Adds Security Measures, Remains Committed to High-Theft Locations
March 15, 2024

Despite rampant retail theft forcing many retailers to close their doors, Home Depot has reportedly reaffirmed its commitment to major U.S. cities such as Detroit, Philadelphia and Oakland, California. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Making Sense of No- and Low-Code B2B Payments Technology
March 15, 2024

B2B payments are famously, even infamously, complex. They entail multiple parties and high transaction volumes, all frequently moved across legacy systems that often necessitate the manual reconciliation of invoice details, payment terms, vendor information and more.  Get the Full Story Complete the form to unlock...

Security & Fraud
UHC/Change Healthcare Hack Sows Negative Ripple Effects From a ‘Single Point’ of Failure
March 15, 2024

There’s a metaphor here — somewhere. A butterfly flaps its wings, a hurricane ensues. A rock in a pond sets waves in motion that reach distant shores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
Customer Is Still King and Queen of Banking Innovation
March 15, 2024

In a world where change is constant, digitization has become one of life’s certainties. This advancement is coming to even traditionally staid sectors like financial services and banking, spurring profound transformations. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Amazon Extends Home Goods Lead Over Walmart With Discounts
March 15, 2024

With mega-retailers Amazon and Walmart competing to secure consumers’ loyalty for high-ticket purchases such as furniture, the eCommerce giant is pulling further ahead by the quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Fintech Investments
FinTech IPO Index Gives Up 1.9% as OppFi Leads Post-Earnings Decliners 
March 15, 2024

Stocks swooned into the end of the week, as inflation data from the government showed us all that inflation’s here to stay, perhaps longer than many investors had anticipated.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...