Regulation
CFPB: Credit Reporting Companies Must Disclose Source of Consumer Data
January 16, 2025

The Consumer Financial Protection Bureau (CFPB) filed an amicus brief Thursday (Jan. 16), saying it aims to ensure that credit reporting companies are held accountable for “junk data” and don’t secure “loopholes” in the law that prevent that accountability. Get the Full Story Complete the form to...

Acquisitions
iCapital to Add ‘Reusable Financial Identity’ With Parallel Markets Acquisition
January 16, 2025

FinTech company iCapital plans to enhance its alternative investment marketplace platform for the wealth and asset management industries by acquiring Parallel Markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Amazon Launches Retail Ad Service to Compete With Walmart Connect
January 16, 2025

Amazon has launched its Retail Ad Service, a new platform designed to help retailers easily incorporate targeted advertising into their digital storefronts. Powered by Amazon Web Services (AWS), the service allows retailers to display ads on product, search and browse pages, while purchases are completed...

Investments
1Money Raises $20 Million to Launch Network for Stablecoin Payments
January 16, 2025

1Money emerged from stealth Thursday (Jan. 16), saying it raised over $20 million in seed capital and is developing Layer 1 protocol purpose-built for stablecoin payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
This Week in B2B: Navigating the Twin Challenges of Innovation and Risk
January 16, 2025

In today’s business landscape, a paradox is taking shape. As innovation accelerates, fueled by advancements in technology and shifting market dynamics, the challenges to embrace and implement these changes are mounting. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Buy Now Pay Later
Synchrony Gives Customers Access to Apple’s Pay Later
January 16, 2025

Synchrony is giving certain customers access to the Pay Later feature of Apple Pay. 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...

Earnings
PNC to Complement Branch Expansion With New Online Banking Platform
January 16, 2025

PNC Financial Service Group will soon roll out a new online banking platform that will complement its investment in new branch locations and renovations, bank executives said Thursday (Jan. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Earnings
UnitedHealth Sees Digital Solutions Slash Onboarding Costs
January 16, 2025

Digital transformation is at the forefront of an overarching strategy to elevate the customer experience for officials at UnitedHealth 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...

Insurance
PayPal Ventures Helps InsurTech Olé Life Raise $13 Million
January 16, 2025

Latin American InsurTech Olé Life has raised $13 million with the help of PayPal Ventures. 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,...