News

Retail
Macy’s Future Hangs in the Balance as Department Stores Face Reckoning
March 04, 2024

With the rise of eCommerce having transformed the way consumers engage with brick-and-mortar retail, traditional department store chains such as Macy’s are forced to adapt or fall behind, and with billions on the table, it remains to be seen whether it will stay on the...

Security & Fraud
American Express Notifies Customers of Data Breach at Third Party Used by Others
March 04, 2024

American Express has notified customers of a data breach at a third-party service provider that is used by many merchants. 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...

B2B Payments
Beforepay Debuts AI-Powered B2B Lending Tool
March 04, 2024

Australian FinTech Beforepay has launched a commercial version of its risk management and lending platform. 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....

News
Anthropic Takes On Google and ChatGPT With New Claude GenAI Model
March 04, 2024

Artificial intelligence (AI) startup Anthropic said its latest generative AI models outperform those from Google and OpenAI. 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
‘Pig Butchering’ Scams Pose Growing Risk to Businesses
March 04, 2024

Behavioral fraud and social engineering scams are getting more dangerous for businesses. 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...

B2B Payments
Coupa Adds GenAI and Innovation Features to Supply Chain Platform
March 04, 2024

Coupa has announced its latest launches around generative artificial intelligence (AI) and innovation. 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....

Faster Payments
Galileo and The Bancorp Expand Collaboration to Enable Instant Payments
March 04, 2024

Galileo Financial Technologies has expanded its collaboration with The Bancorp to enable instant payments. 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...

Banking
Consumers Like Open Banking Features, Now Banks and FinTechs Need to Deliver
March 04, 2024

Last month, a top financial industry regulator voiced concerns that banking and FinTech collaborations might be “blurring the lines” between banking and commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
Santander Slashes Jobs as Banking’s Digital Shift Continues
March 04, 2024

Santander is reportedly cutting 320 jobs as it continues to embrace digital 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 daily newsletter, PYMNTS Today. By...