Cross-border payments platform Wise said Friday (July 24) that it will submit a new application for a U.S. national trust bank charter after the Office of the Comptroller of the Currency (OCC) denied the original application it submitted over a year ago. Get the Full...
The Financial Action Task Force is urging governments to bring decentralized finance platforms under anti-money laundering rules when developers, token holders or other identifiable parties retain meaningful control. It warned that many purportedly decentralized platforms are not as decentralized as they claim. Get the Full...
For the past 25 years, card-not-present payments have been built around a defensive premise: Prove the buyer is human, authorized and in control of the transaction. Fraud systems, merchant controls and authentication tools were trained to treat nonhuman behavior as suspicious. That made sense when...
Mobile commerce is no longer just about buying on a phone. 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...
Virtual cards are gaining a second job inside corporate finance departments. 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...
Online lender Enova International saw improvements in both originations and credit during the second quarter, with consumer spending remaining resilient and small businesses optimism increasing, Enova CEO Steve Cunningham said during a Thursday (July 23) earnings call. Get the Full Story Complete the form to unlock this article...
President Donald Trump’s nominee to head the Consumer Financial Protection Bureau (CFPB), Capital One executive Brian Johnson, said Thursday (July 23) that he has not decided whether to pursue the administration’s plans to fire most of the regulator’s staff, Reuters reported Thursday. Get the Full Story Complete the form to unlock this...
Bitwave has announced the first releases from its Bitwave Agentic product suite, which is focused on accounting tools, financial data and infrastructure for AI-native financial operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
telli raised $15 million in a seed round to develop its artificial intelligence (AI) agent builder focused on customer-facing AI agents. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
