News

Artificial Intelligence
SAP Pushes Back on EU Regs as FDA Tightens AI Oversight
October 23, 2024

European tech leaders warn against stifling AI innovation as SAP’s CEO pushes back on European Union regulations. At the same time, the FDA rolls out new healthcare AI oversight measures, and major tech companies struggle to meet European compliance standards. Testing reveals that even top...

Payments Innovation
The Payments Group Launches, Offers ‘360-Degree Payment Service’
October 23, 2024

A group of four FinTech and PayTech brands called The Payments Group (TPG) launched Monday (Oct. 21), saying it offers a “360-degree payment service.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cross-border Payments
TerraPay and Tenpay Global Address Challenges of Sending Money to China
October 23, 2024

TerraPay, a facilitator of cross-border money movement, has announced a strategic partnership with Tenpay Global, Tencent’s cross-border payment platform, to enable international transfers directly to Weixin Pay users in China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Payments Innovation
Trustly Expects to Process $100 Billion in Open Banking Payments in 2024
October 23, 2024

Open banking payments firm Trustly said that it expects to process a record $100 billion in total payments value (TPV) in 2024. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
WEX Sees Embedded Experiences Impacting Supply Chains
October 23, 2024

When it comes to payments, innovation is the name of the game, and “embedded” is the prefix in most of the names being bandied about. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Payment Methods
81% of Consumers Want Incentives to Use Pay-by-Bank Tools
October 23, 2024

Despite the potential benefits of pay by bank as a payment method, consumer adoption remains limited. A PYMNTS Intelligence Report, What Consumers Need for Pay by Bank to Catch On, in collaboration with Trustly, indicates that many consumers remain unaware of this payment option and...

B2B Payments
Treasurers See Payments and Data Convergence Improving Operations
October 23, 2024

As digital technology advances, some of the biggest recipients of its transformative benefits are sitting in the finance function. 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...

Banking
Green Dot Launches Brand Focused on Embedded Finance Capabilities
October 22, 2024

Green Dot has launched an embedded finance brand and platform of services called Arc by Green Dot. 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...

Banking
HSBC Restructuring Includes New Leadership, Strategic Approaches
October 22, 2024

HSBC is calling it a simplified organization structure. 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...