News

CFPB
CFPB Rule Lowers Credit Card Late Fees to $8
March 05, 2024

America’s consumer protection watchdog finalized a rule lowering credit card late fees. 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...

Artificial Intelligence
Corcentric Unveils GenAI Enhancements to Streamline Invoice Processing
March 05, 2024

Corcentric, a provider of procurement and finance solutions, integrated generative artificial intelligence technology into its services. 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...

Artificial Intelligence
Battle of the Algorithms: Anthropic’s Claude 3 AI Model Rivals Competition
March 05, 2024

Anthropic’s new artificial intelligence (AI)-powered Claude 3 models beat competitors in many areas, experts told PYMNTS.  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...

Regulation
Report: US Regulators Could Debut Banking Rules This Spring
March 05, 2024

The Federal Reserve and other American regulators could reportedly unveil new banking regulations this spring. 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....

Investments
Baanx Raises $20 Million to Bring Crypto Payments Offering to US
March 05, 2024

Cryptocurrency payments company Baanx has reportedly raised $20 million. 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 form, you agree...

Security & Fraud
Amazon Deploys Technology, Education to Combat Impersonation Fraud
March 05, 2024

Amazon is using several tactics to combat impersonation 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 Today. By completing this form, you...

Regulation
UK’s FCA to Investigate Demands for Personal Guarantees on Business Loans
March 05, 2024

The United Kingdom’s Financial Conduct Authority will investigate the use of personal guarantees by lenders for small business loans. 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...

Security & Fraud
Report: Hackers Claim UnitedHealth Group Paid $22 Million in Ransomware Attack
March 05, 2024

A post on an online forum popular with cybercriminals reportedly claimed that UnitedHealth Group paid $22 million to the Blackcat ransomware group to recover compromised data and systems of its subsidiary, Change Healthcare. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Macy’s and Zara’s Moves Show Value of Click-and-Mortar™ Shoppers 
March 05, 2024

Two reports from opposite sides of the globe confirmed that in-store and online shopping are intertwined at their best, and retailers need to offer seamless shopping experiences to deliver the most value to modern consumers. Get the Full Story Complete the form to unlock this...