News

Security & Fraud
Rise of AI-Powered Deepfake Imposter Scams Threatens Individuals and Banks
August 22, 2023

Deepfake technology, powered by artificial intelligence (AI), is reportedly becoming a favored tool for criminals engaged in imposter scams, posing a significant threat to individuals and the banking industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
TimeForge and Forage Combine Labor Management and Payments for Grocers
August 22, 2023

TimeForge has partnered with Forage to empower grocery retailers with technology that will expand their payment options in today’s challenging retail landscape. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
FinTech Ramp Secures $300 Million Series D to Expand Business Categories
August 22, 2023

FinTech company Ramp has secured $300 million in a Series D funding round, bringing its post-money valuation to $5.8 billion. 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...

eCommerce
CommentSold Buys PopshopLive to Launch Creator Commerce Platform
August 22, 2023

Live selling technology firm CommentSold says it has acquired mobile live streaming marketplace Popshoplive. 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...

Delivery
Shipt Names CTO as Target Looks to Grow Aggregator Presence
August 22, 2023

Shipt is expanding its c-suite as its parent company, Target, aims to grow its share of same-day delivery sales. 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...

Faster Payments
SWIFT’s Headway on Faster Cross-Border Payments Is Just the Beginning
August 22, 2023

One overarching theme in payments — no matter whether commercial or retail transactions — is that of speed.   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...

CFPB
CFPB Targets Heights Finance for Alleged Illegal Loan Churning
August 22, 2023

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Heights Finance Holding, formerly known as Southern Management, and several of its subsidiaries, charging they have engaged in illegal loan-churning practices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Kroger Becomes Top US Sushi Seller as Grocers Broaden Scope
August 22, 2023

Kroger is reportedly now the number one sushi seller in the United States — a circumstance that comes alongside grocers’ ongoing effort to become consumers’ one-stop shop for food of all kinds. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Payment Methods
Thales Debuts Cloud-Based Payment Service
August 22, 2023

 French multinational tech firm Thales has unveiled a tool to help customers adopt a cloud-based payments infrastructure. 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,...