- December 6, 2023
Financial institutions (FIs) are facing an increasing threat of fraud and financial crime in the digital age. And as the volume and sophistication of fraudulent transactions continue to rise, FIs ...
- December 6, 2023
Verizon Communications has appointed former Peloton Chief Marketing Officer Leslie Berland as executive vice president and chief marketing officer.
Effective Jan. 9, Berland will oversee Verizon’s global marketing strategy, join the company’s executive leadership ...
- December 6, 2023
Jamie Dimon, the CEO of JPMorgan Chase & Co., has again expressed his strong opposition to the cryptocurrency industry.
During a Senate Banking Committee hearing on Wednesday (Dec. 6), Dimon said that if he had ...
- December 6, 2023
The status of being a unicorn is not as secure as it once seemed.
Nearly 90% of the 128 companies that achieved valuations of $1 billion or more in 2021 are ...
- December 6, 2023
Another year has nearly passed, and with it, trillions of dollars of global B2B spend.
And despite the fact that a chunk of those B2B payments are still estimated to be locked ...
- December 6, 2023
Before the start of the holiday shopping season, market research data suggested there would be generalized cost cutting across all spending categories and demographic groups.
Consumers were expected to be stretching ...
- December 6, 2023
Walmart’s CEO says it’s difficult to project what the retailer’s post-holiday sales will look like.
Speaking with CNBC Wednesday (Dec. 6), Doug McMillon said that higher credit card balances and reduced household budgets ...
- December 6, 2023
Car IQ and Fluid Truck have joined forces to transform the way fleet drivers pay for services on the go.
This collaboration will bring together Car IQ’s payment solution and Fluid ...
- December 6, 2023
As restaurants and aggregators alike look to drive adoption, PYMNTS Intelligence suggests that card-linked offers can go a long way.
By the Numbers
The October report “Leveraging Item-Level Receipt Data: How Personalized ...
- December 6, 2023
Suburban consumers have a weaker perception of financial stability than those in urban communities, making them an interesting target group for certain credit products with low adoption, such as buy ...
- December 6, 2023
Google has unveiled its long-awaited Gemini, calling it its “largest and most capable AI model.”
At an event Wednesday (Dec. 6) ahead of the product’s launch, Google said Gemini is the most flexible ...
- December 6, 2023
Meta Platforms is reportedly testing more than 20 generative artificial intelligence (AI) features across Facebook, Instagram, Messenger and WhatsApp.
These features cover various aspects, including search, ads, and business messaging, Bloomberg ...
- December 6, 2023
Dave & Buster’s is looking to embed mobile engagement into every part of the in-store experience, as full-service restaurants (FSRs) increasingly find ways to digitize the on-premise journey.
The restaurant and ...
- December 6, 2023
Conferma Pay and Mastercard expanded their partnership to enhance expense management and hotel reconciliation for employees and corporations.
The collaboration will enable mobile virtual card payments, providing a convenient and secure travel payment experience, ...
- December 6, 2023
PayPal has appointed Fiserv executive Suzan Kereere as its new global markets president.
Kereere, who will take the role beginning Jan. 1, will be responsible for leading the company’s local businesses and growth strategies in markets ...
- December 6, 2023
Web3-based streaming music platform Sona emerged from stealth with $6.9 million in funding.
The company uses the basics of decentralized finance to let artists earn revenue via its rewards model, auctions ...
- December 6, 2023
As the virtual brand space goes through significant changes, delivery-focused, tech-forward pizza brand Milano Vice is bringing in funds by the millions.
The Berlin-based startup shared in a LinkedIn post Wednesday (Dec. 6) ...
- December 6, 2023
Mastercard and credit card-as-a-service company Brim Financial formed a partnership.
The tie-up aims to modernize credit card infrastructure in the United States and power innovation in credit card platforms, the companies ...
- December 6, 2023
Zoovu, an artificial intelligence (AI)-powered product discovery and eCommerce experience platform, has unveiled a generative AI solution designed to revolutionize the way consumers discover and purchase products.
The new Advisor Studio aims to ...
- December 6, 2023
Workers hoping to switch jobs for a pay increase are in for some unpleasant news.
That’s according to the latest employment report from ADP, released Wednesday (Dec. 6) and showing that the premium for ...
- December 6, 2023
Citi has invested in payments technology company Icon Solutions as it modernizes its payments platform.
The investment, made via Citi Treasury and Trade Solutions, comes as Citi also plans to expand its use of Icon’s ...
- December 6, 2023
Sika Health has launched a marketplace that makes it easy for consumers to shop at more than 30 health and wellness brands and retailers with Health Savings Account (HSA) and ...
- December 6, 2023
In an effort to prevent bank failures, U.S. bank supervisors have reportedly increased scrutiny of lenders’ risk management practices and are taking disciplinary action.
This comes after the collapses of three ...
- December 6, 2023
Payment processor Enfuce and Visa have expanded their partnership to introduce a new mobility card.
The collaboration, announced Wednesday (Dec. 6), lets the two companies deliver the Visa Fleet 2.0 solution to their joint, prospective clients across ...
- December 6, 2023
Center has raised $30 million to develop new features for its expense management software.
The Series C funding round, announced Tuesday (Dec. 5), will help the software company develop capabilities that deal ...
- December 6, 2023
National banks dominate the U.S. consumer credit card industry, with a strong position that is unlikely to be challenged anytime soon.
However, smaller financial institutions (FIs) are slowly gaining ground. The ...
- December 6, 2023
The Federal Trade Commission (FTC) is reportedly continuing its legal battle to challenge Microsoft’s acquisition of Activision Blizzard, the maker of popular video game franchise “Call of Duty.”
The FTC argues ...
- December 6, 2023
The question must be asked as Rep. Patrick McHenry, R-N.C., takes his leave of Congress:
What happens to financial services regulation, and by extension, payments innovation?
As had been widely reported Tuesday ...
- December 6, 2023
England’s central bank says AI may pose a risk to the country’s financial system.
Bank of England Governor Andrew Bailey said Wednesday (Dec. 6) that banks and investors need to grasp the potential artificial ...
- December 6, 2023
Paymerang expanded its line of finance automation solutions by adding receivables automation.
The new Receivables Automation product simplifies accounts receivable (AR) and provides businesses with real-time insights into cash flow, the ...
- December 6, 2023
There’s a simple binary that many in advertising use to promote brands: fear vs. hope.
Home security systems and health insurance providers, for example, are fear-based brands; while many CPG (consumer ...
- December 6, 2023
Across the clothing subscription industry, key players are losing members as they turn their focus to driving more revenue from their existing users.
Take, for instance, Rent the Runway. The clothing ...
- December 6, 2023
This could be a make-or-break week for the future of Europe’s AI Act.
The European Union could reach a tentative agreement on the artificial intelligence regulation this week, assuming debates don’t ...
- December 6, 2023
Australian FinTech Zeller has added corporate cards to its financial services ecosystem.
The new Zeller Corporate Cards are designed to streamline expense management and serve a variety of use cases, the ...
- December 6, 2023
As apparel subscription platform Stitch Fix strives to tailor its offerings for the best results, the company has discovered that private label brands may be the perfect fit.
In its latest ...
- December 6, 2023
One of America’s top financial watchdogs is warning companies not to make false artificial intelligence claims.
Securities and Exchange Commission (SEC) Chair Gary Gensler referred to this practice as “AI washing” ...
- December 6, 2023
Western Union says it has expanded its network of concept stores in Europe.
The cross-border money transfer provider announced Wednesday (Dec. 6) that it now has 100 concept stores and “company-owned hubs” ...
- December 6, 2023
Late business-to-business (B2B) payments are the bane of any accounts receivable (AR) department. The headaches caused by late B2B payments affect more than just the accountants, as the entire firm ...
- December 6, 2023
PYMNTS Intelligence recently found that more than 40% of financial institutions (FIs) see increasing fraud and financial crime. This advancing wave likely poses a significant threat to the financial services ...
- December 6, 2023
Wei Jiang, co-founder, president and COO at Citcon, told PYMNTS in a recent interview that the travel rebound is a long-standing trend — and one that benefits merchants savvy enough to ...
