November 01, 2023
i2c, Payfare Expand Partnership to Provide Gig Workers Faster Payouts
Banking and payments solutions provider i2c has announced the expansion of its partnership with Payfare, a global FinTech company, to enhance financial access and empower gig workers. This move will enable...
November 01, 2023
CRM Firm HubSpot Acquires B2B Intelligence Company Clearbit
Customer relationship management platform HubSpot is acquiring B2B intelligence firm Clearbit. This move aims to enhance HubSpot’s customer intelligence capabilities and enable its clients to grow with industry-leading insights, HubSpot said in a...
November 01, 2023
Payments Firms Netspend and Rêv Combine to Form Ouro
Payments firms Rêv and Netspend have combined their operations to form a new company named Ouro. The new group will maintain Netspend as a flagship brand and prepaid card provider, while also continuing to expand...
November 01, 2023
White House Plans AI Safety Institute and Anti-Fraud Program
The U.S. is set to unveil several new proposals to govern artificial intelligence (AI). Vice President Kamala Harris will outline the White House plans as she heads to Great Britain for the...
November 01, 2023
J.P. Morgan: Embedded Finance Visions Should Start With the ‘Why’
“If you’re looking toward an embedded finance solution,” Brady Warner, head of embedded finance solutions at J.P. Morgan Commercial Banking, told Karen Webster, “you need to really ground your strategy,...
October 31, 2023
Nearly Half of FIs Tap Deep Learning Systems to Fight...
Artificial intelligence (AI) has become increasingly prevalent across various industries, offering a wide range of capabilities. In the payments industry, AI has proven to be a superior tool for fraud...
October 31, 2023
Neobanks Challenged by Rising Tide of Push Payments Fraud and...
They have different business models — but often compete for the same customers. And for banks and neobanks, there may be one commonality: The challenge of pushing back against the...
October 31, 2023
Durbin Sets Sights on Frequent Flyer Rewards and Takes CCCA...
The fight over the Credit Card Competition Act (CCCA) has taken to the skies. This week, Sens. Dick Durbin, D-Ill., and Roger Marshall, R-Kan., who sponsored the re-introduction of the...
October 31, 2023
Canada Bans WeChat & Kaspersky on Government Devices
Canada has officially prohibited the use of WeChat, a popular Chinese messaging application, and Kaspersky, the Russian antivirus program, on government-issued mobile devices. This decision comes in light of perceived...
Most eCommerce merchants miss a crucial piece of the security puzzle: Just 33% use screening mechanisms that can identify potential fraud as the cause of failed payments. PYMNTS Intelligence’s latest study, “The Role of Fraud Screening in Minimizing Failed Payments,” a collaboration with Nuvei, draws on insights from 300 executives about the efficacy of eCommerce screening mechanisms.