News

Digital Banking
Nubank Approaches $1 Billion in Revenue Amid Mexican Expansion
February 06, 2024

Brazilian neobank Nubank is predicting it will someday become Latin America’s largest financial service company. 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....

Banking
JPMorgan Chase to Add 500 Branches, Renovate 1,700 Existing Locations
February 06, 2024

J.P. Morgan Chase, one of the largest banks in the United States, reportedly plans to open more than 500 new bank branches over the next three years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Loyalty & Rewards
Cracking the Customer Loyalty Code: Flexible Programs Tailored to Everyday Needs
February 06, 2024

Len Covello, chief technology officer of Engage People, told PYMNTS in an interview that merchants are going to need to fine-tune, and in some cases overhaul, their rewards offerings.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payment Methods
Plaid Says Pay by Bank Is Nearing a Tipping Point as Consumers Form New ‘Habits’
February 06, 2024

Rahul Hampole, head of payments at Plaid, said pay by bank is gearing up for widespread adoption — but much depends on use cases that are offered, spanning pay-ins … and payouts.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Criminals Target Big Ticket Transactions in Commercial Banking Fraud Surge
February 05, 2024

What’s better than $10,000? Try $25 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
Cybera and Chainalysis Partner to Help Organizations Prevent Financial Cybercrime
February 05, 2024

Cybera, a provider of advanced reporting and prevention tools, has launched a strategic integration with Chainalysis, a blockchain data platform, to equip government agencies and compliance teams with enhanced insights to combat scams and prevent financial cybercrime.  Get the Full Story Complete the form to unlock...

IPO
Report: Reddit Achieved Profitability in Q4, Could Soon Unveil IPO
February 05, 2024

Reddit is reportedly preparing for a potential initial public offering (IPO) in the United States. 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...

Retail
D2C Brands’ Success Hinges on Consumer Trust
February 05, 2024

When it comes to direct-to-consumer (D2C) online shopping, establishing trust with shoppers is key to brands’ success, a recent PYMNTS Intelligence study reveals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Estee Lauder CEO Says Beauty Shoppers Increasingly Expect Omnichannel Access
February 05, 2024

As consumers increasingly expect brands to meet them where they are, be it online or in person, Estée Lauder is seeing rising demand for digital availability. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...