Banking
How Platforms and Partnerships Moved a 167-Year-Old Bank Into the Digital Age
January 16, 2025

As financial services move increasingly online — even as value remains in branch experiences — FinTechs are looking for banking partners to expand their reach into traditional accounts and credit. Banks are mindful of the need to expand their tech stack and reach digitally-minded consumers....

Consumer Payments
60% of US Consumers Use P2P Apps to Pay Bills
January 16, 2025

Peer-to-peer (P2P) payment platforms have gained popularity, especially among young consumers who value quick and seamless transactions. 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...

Opinion
Get Ready for a New Buzzphrase: Autonomous Commerce
January 16, 2025

AI-powered innovation is reshaping B2B payments, but not all AI is created equally, Coupa Chief Procurement Officer Michael Van Keulen writes in a new PYMNTS eBook, “The Innovation Mindset: How to Achieve It in 2025.” Get the Full Story Complete the form to unlock this...

Social Commerce
Chinese Social Media App RedNote Gains US Users Ahead of TikTok Ban
January 15, 2025

Chinese social media app RedNote has reportedly gained 700,000 new users as U.S. users of TikTok seek a new platform ahead of the approaching ban of that app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Regulation
Block to Pay $80 Million to Settle AML Violation Allegations
January 15, 2025

Block has agreed to pay an $80 million fine and undertake corrective actions to resolve a coordinated enforcement action by 48 state financial regulators that alleged the company violated Bank Secrecy Act (BSA) and anti-money laundering (AML) laws. Get the Full Story Complete the form...

Insurance
Insurance Payments Platform ePayPolicy Adds Quoting and Invoicing Tool
January 15, 2025

Insurance payments platform ePayPolicy has added a quoting and invoicing tool. 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...

Digital Banking
Citi Contends With Mobile App Outage, Directs Users to Website
January 15, 2025

Citibank has resolved an outage of its mobile app about a day after it was first reported. 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...

Earnings
Citi Sees Growth Ahead From ‘High-End’ Consumers
January 15, 2025

Citigroup’s fourth-quarter earnings results were part of a trend in banking reports Wednesday (Jan. 15), where consumer spending continued to drive momentum on cards, the macro backdrop was resilient, and, for Citi, there was particular growth in the movement toward digital payments and banking. Get...

Healthcare
Tech Rx Helps Independent Pharmacies Thrive in a Changing Market
January 15, 2025

Independent pharmacies are adapting to new dynamics, with digital tools and patient expectations changing how they operate and deliver care. Once overshadowed by large chain pharmacies, these independent businesses are finding creative ways to stay competitive by integrating new technologies and expanding their roles beyond...