News

Artificial Intelligence
AI Moves From GPS to Copilot for the Insurance Industry
February 29, 2024

In many ways, the insurance industry helped hone the algorithms behind artificial intelligence technology. 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...

Regulation
UK Electronic-Money Company Transactive Systems to Cease Operations
February 28, 2024

Transactive Systems, an electronic-money company in the United Kingdom, is reportedly ceasing operations following the revocation of one of its licenses due to concerns about money laundering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
UK Committee Says Banks Closed 2.7% of Small Business Accounts
February 28, 2024

More than 140,000 business accounts in the United Kingdom were closed by major banks in the last year, according to the U.K. Parliament’s Treasury Committee. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

CFPB
CFPB to Propose Rules Limiting Activities of Data Brokers
February 28, 2024

The Consumer Financial Protection Bureau (CFPB) will propose rules this year to limit the activities of data brokers, including those that sell personal data to customers overseas. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Blockchain / Distributed Ledger
Policymakers Chase Central Framework for Decentralized Finance Oversight
February 28, 2024

You don’t know what you don’t know. 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...

Retail
Three-Quarters of Retail Customers Expect Omnichannel Coupons
February 28, 2024

As retailers look to secure consumers’ loyalty both online and in stores, PYMNTS Intelligence research finds that digital deals and discounts go a long way toward meeting shoppers’ evolving expectations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
TJX’s Gen Z Momentum Proves Youthful Shoppers’ Hunger for Deals
February 28, 2024

The TJX Companies is seeing young consumers join the mix, suggesting that Generation Z shoppers are looking for bargains. 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...

Investments
Coverdash Raises $13.5 Million to Expand Embedded Insurance Offering
February 28, 2024

Coverdash has raised $13.5 million in Series A funding to expand its embedded insurance 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,...

Retail
Thrive Market CTO Says the Future of eGrocery Is Mobile
February 28, 2024

As grocery slowly catches up to other retail categories in digital adoption, Thrive Market is seeing mobile gain share. 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...