News

CFPB
CFPB’s New Open Banking Rule Targets Data-Sharing Consistency
October 19, 2023

The Consumer Financial Protection Bureau’s open banking rule is a rough draft. 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...

eCommerce
BMW Tapping D2C as Auto Companies Turn to Omnichannel
October 19, 2023

BMW Group is dipping its toe in the water with direct-to-consumer (D2C) sales, beginning with its Mini brand, as the auto industry increasingly integrates eCommerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
Galileo Aims to Combat Fraud With Payment Risk Platform
October 19, 2023

Galileo Financial Technologies has unveiled its Payment Risk Platform to help combat fraud. 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...

Banking
Biggest Banks Cut 20,000 Jobs Amid High Interest Rates
October 19, 2023

Staffing levels at some of America’s biggest banks are reportedly getting smaller. 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...

Payment Methods
Remitly and Mastercard Team on Cross-Border Payments and Remittances
October 19, 2023

Mastercard and Remitly Global, Inc. announced a partnership Thursday (Oct. 19) to expand access to cross-border payments and remittances. 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...

Retail
Amazon Debuts ‘Consult-a-Friend’ Mobile Shopping Feature
October 19, 2023

Amazon wants shoppers to get real-life feedback within the virtual world of its mobile ad. 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
Challenges and Changes Loom as Fed Mulls and Court Considers Debit Interchange Fees
October 19, 2023

Debit interchange fees may see a revamp — a refashioning of the charges levied on merchants, the likes of which has not been seen in a decade. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Samsung Invests in Skipify’s Digital Wallet Expansion
October 19, 2023

Frictionless commerce company Skipify says it has landed new funding from Samsung’s investment group. 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...

Investments
Blockchain, Smart Contracts and DeFi Help Modernize B2B Transactions, Interactions
October 19, 2023

Web3 has a branding problem. 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 to receive...