- February 1, 2024
Mastercard has introduced a generative artificial intelligence (AI) solution to help prevent fraudulent transactions.
The company has upgraded its Decision Intelligence solution to let it “scan an unprecedented one trillion data points to predict ...
- February 1, 2024
Artificial intelligence (AI), in the form of predictive algorithms, has been around for a while.
But while its impact has primarily been in the background of workflows, the emergence of generative ...
- February 1, 2024
Michael Haney, head of product strategy at Galileo Financial Technologies, said machine learning combined with the rise of generative artificial intelligence will usher in a new era of back-office productivity ...
- February 1, 2024
Consumers have developed an appetite for split-payment plans of all sorts. Also known as installment payment plans, these break up purchases into smaller, scheduled payments over time. Though the concept ...
- February 1, 2024
Vlad Jovanovic, vice president of innovation at PSCU, told PYMNTS that credit unions will gain loyalty as they harness artificial intelligence to forge new use cases and personalized interactions with ...
- February 1, 2024
Digital wallets, such as Apple Pay, Google Pay and PayPal, provide convenient and secure ways to complete online purchases. These wallets remove the cumbersome process of entering credit or debit ...
- February 1, 2024
IKEA’s unique, maze-like retail format has consistently appealed to consumers worldwide.
At the core of IKEA’s success lies its self-service and exploration model, where the stores serve as expansive showrooms, encouraging ...
- February 1, 2024
Imagine a consumer attempting to make a purchase, only to get rejected at checkout. This was not because of money problems or fraud, but due to a false decline.
These legitimate ...
- February 1, 2024
Easy money attracts bad actors.
In today’s increasingly digitized and borderless business landscape, the threat of attack has only grown more pointed.
That’s why it is so important for banks and other ...
- January 31, 2024
New York Community Bancorp (NYCB) shares closed down 38% Wednesday (Jan. 31) following its announcement of a dividend cut and an unexpected loss.
This news surprised investors who had considered NYCB one ...
- January 31, 2024
Payment facilitators (PayFacs), independent software vendors (ISVs) and marketplaces find themselves in an era where navigating a fiercely competitive eCommerce landscape, filled with interrelated opportunities and challenges, is imperative for ...
- January 31, 2024
Temu reportedly spent $3 billion in 2023 on online advertising in the United States for its eCommerce marketplace.
This move by Temu, which was introduced to the U.S. by Shanghai-based eCommerce giant PDD ...
- January 31, 2024
When it comes to rewards preferences, older generations tend to want to receive perks for their grocery and restaurant spending, but they don’t necessarily want to be rewarded for many ...
- January 31, 2024
Tether, issuer of USDT stablecoin, says its flagship digital asset is worth nearly $100 billion.
The company on Wednesday (Jan. 31) released earnings showing that it saw a “record-breaking” $2.85 billion in ...
- January 31, 2024
A group of Democratic lawmakers wants to give every child born in America a savings account.
The 401Kids Savings Act, announced Wednesday (Jan. 31), would create children’s savings accounts (CSAs) for every ...
- January 31, 2024
As casual dining brands look to balance the needs of meeting omnichannel demand and protecting their margins, Chili’s owner Brinker International is turning its focus away from its virtual brands.
On ...
- January 31, 2024
Adapting to the evolving preferences of the increasingly influential young consumer demographic has ushered in a transformative era for financial institutions (FIs), challenging the conventional approaches to fostering loyalty.
Take credit ...
- January 31, 2024
FTX reportedly hopes to pay back as many of its customers as it can.
However, the advisers overseeing the cryptocurrency firm’s bankruptcy have no plans to resurrect the exchange, one of the ...
- January 31, 2024
In the world of digital money, cryptocurrency can get a little confusing.
If you need help navigating bitcoin, PYMNTS can guide the way via the Provider Ranking of Cryptocurrency Apps.
PYMNTS ranks ...
- January 31, 2024
Shopify plans to expand its range of artificial intelligence (AI)-powered tools for sellers to include a media editor and a commerce assistant.
These are among more than 100 updates the company will ...
- January 31, 2024
Biometrics startup Incognia has raised $31 million to develop its location identity offerings.
The funding, announced in a Wednesday (Jan. 31) press release, will also help the company expand its presence in North America, Europe, ...
- January 31, 2024
Payroll is a big deal and you want it done right. PYMNTS is here with Provider Ranking of Payroll Apps to help guide you to choosing the one that fits your ...
- January 31, 2024
Car buying is increasingly moving online, and scammers who target car buyers are following suit.
With that in mind, Experian has debuted Fraud Protect, a tool to help auto dealers detect and prevent fraud attempts ...
- January 31, 2024
More than 80 years ago, Winston Churchill said war would be waged on multiple fronts: the beaches, the fields, the streets and in the air.
In today’s digital age, the battle ...
- January 31, 2024
Tinder is seeing its subscriber counts drop, as ongoing financial challenges put pressure on consumers’ budgets for nonessential services.
Online dating giant Match Group shared in its fourth quarter 2023 financial results Wednesday ...
- January 31, 2024
Metronome has secured $43 million in a Series B funding round to simplify and streamline usage-based billing for Software-as-a-Service (SaaS) companies.
The company aims to address the challenges faced by businesses in ...
- January 31, 2024
Ripple Co-founder and Executive Chairman Chris Larsen said Wednesday (Jan. 31) that some of his personal XRP accounts were hacked on Tuesday (Jan. 30).
He said this in a post on ...
- January 31, 2024
Open banking payments network TrueLayer is offering its products via Worldline’s payment orchestration platform.
Beginning Wednesday (Jan. 31), Worldline Payment Orchestration merchants can enable TrueLayer’s payment products including Payments, Payouts and Signup+ in the U.K. and ...
- January 31, 2024
Traveling is a big part of many people’s New Year’s resolutions.
If it’s one of your goals this year, PYMNTS’ Provider Rankings of Travel Apps can help you figure out where to go ...
- January 31, 2024
TikTok and GoTo, the largest digital ecosystem in Indonesia, announced the formation of a strategic partnership in Indonesia.
With this deal, GoTo’s eCommerce company Tokopedia and TikTok Shop Indonesia have combined under the PT Tokopedia entity that ...
- January 31, 2024
Walmart will build, convert or remodel hundreds of stores over the next five years.
The retail giant announced in a Wednesday (Jan. 31) press release plans to modernize and expand what ...
- January 31, 2024
Upstart plans to expand its auto retail financing capability to another 13 states during the first quarter.
The lending marketplace aims to reach 90% of U.S. consumers by the end of ...
- January 31, 2024
Financial services technology firm FIS has launched its 2024 FIS Fintech Hangout Series.
The program, announced Wednesday (Jan. 31), connects FinTech startups, investors, financial institutions, FIS experts and participants from the FIS Fintech Accelerator ...
- January 31, 2024
Conferma Pay and ConnexPay have joined forces to enable travel businesses to issue virtual cards.
This collaboration combines Conferma Pay’s virtual card ecosystem with ConnexPay’s virtual card issuing engine and real-time ...
- January 31, 2024
Branded payments provider Blackhawk Network is acquiring B2B gift card firm Tango Card.
Tango established the digital-first reward experience through its application programming interface (API), coupled with its service and global ...
- January 31, 2024
London-based FinTech company Kriya has secured a new 50-million-pound (about $64 million) debt facility to scale its B2B payments volumes.
The new funding will allow the company to power 1 billion ...
- January 31, 2024
For Mastercard, new payment flows and digital innovations outpaced spending growth on cards — though consumers remain resilient.
And as management noted in a press release and on an earnings call ...
- January 31, 2024
Volkswagen is reportedly in discussion with technology companies to launch an artificial intelligence partnership.
The German carmaker would work with these tech groups to create digital prototypes for products and features ...
- January 31, 2024
Amid ongoing financial pressures, consumers are making difficult decisions about which subscriptions provide enough value to keep and which to cancel, and against this backdrop, TechCrunch has found its subscription ...
- January 31, 2024
India’s banking regulator ordered Paytm Payments Bank to stop conducting business.
The Reserve Bank of India made the order Wednesday (Jan. 31), saying an audit uncovered compliance issues connected to the ...
