News

Security & Fraud
Visa: Compelling Evidence 3.0 Will Blunt ‘Friendly’ Fraud
April 17, 2023

Transaction disputes are massing across digital channels. 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...

Digital Banking
Open Banking Is Changing the Payments Game, and Enterprises Must Keep Up
April 17, 2023

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 marketing communications from PYMNTS and...

Regulation
FTC to Advertisers: Back Up Your Claims or Pay Up
April 16, 2023

The Federal Trade Commission is warning advertisers to back up claims about their products. 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...

Banking
Small Banks Hike Interest Rates as Depositors Flee
April 16, 2023

This week will be a momentous one for the country’s small and midsized banks. 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...

Banking
Yellen Warns Banks Could Pull Back on Lending
April 16, 2023

America’s treasury secretary is warning of a tougher lending environment following two recent bank failures. 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
Nordstrom Walks Back on Luxury and Leans Into Deep Discounts
April 15, 2023

Following its recent earnings report in early March, fashion retailer Nordstrom has announced the upcoming launch of nine additional stores for its Nordstrom Rack off-price retail concept. Most of the stores are planned to debut in the spring of 2024, while one store is scheduled...

Retail
Best Buy Eliminates Hundreds of In-Store Consultant Roles
April 14, 2023

Best Buy has reportedly eliminated hundreds of roles in its brick-and-mortar stores. 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...

Artificial Intelligence
Elon Musk Is Creating an OpenAI Competitor
April 14, 2023

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Digital Banking
SBA Lifting Moratorium on Licensing New Small Business Lending Companies
April 14, 2023

Non-federally chartered banks will soon be able to make Small Business Administration (SBA) loans. 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...