News

Banking
Sandbox-as-a-Service Poised to Remove Friction From Bank-Vendor Partnerships
March 05, 2024

Few financial institutions (FIs) are choosing to develop technology in-house, indicating a growing reliance on third-party FinTechs to meet their needs. However, sifting through the multitude of options to find the right vendor can be a daunting and resource-intensive process, said Karan Jain, CEO of...

B2B Payments
ConnexPay CEO: Digital Payments Adoption Defines B2B Winners and Losers in 2024
March 05, 2024

Teamwork makes the dream work — particularly within B2B 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...

Payment Methods
J.P. Morgan to Support Cartes Bancaires CB Payments for Merchant Clients
March 04, 2024

J.P. Morgan has become a principal member of the French payments network Cartes Bancaires CB, becoming the first U.S. bank to do so. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Digital Banking
Chime Adds Cash-Back Feature to Debit, Credit Cards
March 04, 2024

Chime has partnered with Upside to launch a fee-free cash-back feature. 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,...

Banking
PNC Teams With Koxa to Offer Embedded Banking
March 04, 2024

PNC has teamed with treasury platform Koxa to debut an embedded banking offering. 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...

Artificial Intelligence
Gen Z and Millennials Want AI-Enabled Shopping Experiences
March 04, 2024

Many consumers may still be hesitant about the future of artificial intelligence (AI) in commerce, but PYMNTS Intelligence research has found that young consumers are welcoming of the technology — for the most part. Get the Full Story Complete the form to unlock this article...

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....