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News & Trends

Earnings
Neobank Dave Attributes Best-Ever Credit Performance to AI-Driven Underwriting Engine

Neobank Dave said it improved its credit performance over the past year...

55 mins ago
Restaurant innovation
Square Debuts Restaurant Kiosk For Self-Serve Ordering

Square has introduced a tool to allow self-service ordering at fast food...

1 hour ago
Retail
Pandora: Young Shoppers Take Shine to Lab-Grown Diamonds

Pandora’s abandonment of mined diamonds has apparently not hindered its standing with...

2 hours ago
CFPB
Chime Financial and CFPB Reach Settlement on Delayed Balance Refunds

Chime Financial will pay at least $1.3 million in redress to consumers...

2 hours ago
Delivery
Uber and Instacart Team on Restaurant Deliveries As Diners Cut...

Instacart has teamed with Uber to offer its customers restaurant deliveries via Uber Eats. The...

2 hours ago
Loyalty & Rewards
39% of Middle-Income Card Holders Unfamiliar With Card-Linked Offers

Once card holders are made aware of how they can earn...

2 hours ago
Retail
Online Engagement Transforms Shoppers’ In-Store Expectations

As shoppers integrate digital technologies into their retail journeys before and...

2 hours ago
Cryptocurrency
Nigeria Moves to Ban P2P Naira Crypto Trading

Nigeria is reportedly stepping up its cryptocurrency crackdown with a proposed...

3 hours ago
B2B Payments
FIS Launches Embedded Finance Platform for Financial Institutions and Businesses

FIS has launched an embedded finance platform designed for use by...

3 hours ago
Alternative Credit
Embedded Lending May Find Embrace as a ‘Bridge’ to Everyday...

Embedded lending may gain new consideration at the point of sale...

3 hours ago
Digital Payments
MercadoLibre Faces ‘Abusive Conduct’ Complaint From Argentine Lenders

Banks in Argentina are reportedly accusing eCommerce giant MercadoLibre’s payments platform of anti-competitive...

4 hours ago
VISA
Visa Adds Generative AI-Powered Tool to Combat Enumeration Attacks

Visa has launched a generative artificial intelligence (AI) solution designed to...

5 hours ago
Apple
Is Apple at Risk of Becoming the Next IBM?

Sixty-three years ago this month, the world’s first supercomputer was born....

6 hours ago
Consumer Finance
Are Co-Branded Credit Cards Facing an Existential Crisis?

General-purpose credit cards dominate the consumer credit card landscape. In fact,...

9 hours ago
B2B Payments
Virtual Cards Close Middle-Market Cash Flow ‘Unpredictability Gap’

Virtual cards are at a tipping point. That’s the sentiment expressed...

9 hours ago
Payments Innovation
CFPB Rule 1033 Will Hasten Shift to Open Banking in...

Back in October, the Consumer Financial Protection Bureau (CFPB) made public a new rule...

9 hours ago
Opinion
Investments in Data Analytics Drive Agility for Rewards Network

Investments in technology, data science and analytics pay dividends in uncertain...

9 hours ago
Earnings
Simon Property Group Sees ‘Big Comeback’ in Malls

Simon Property Group has seen a “big comeback” in malls, driven in...

16 hours ago
artificial intelligence
Tech Giants Intensify AI Investments to Strengthen Connected Economy

As businesses seek to strengthen the connected economy, they are harnessing...

17 hours ago
Personnel
Rocket Companies Hires Shawn Malhotra to Drive ‘AI-Fueled Homeownership’

Rocket Companies has hired Thomson Reuters veteran Shawn Malhotra as its first chief technology officer (CTO)....

17 hours ago
Economy
Tesla Cutting Jobs Across Departments as Part of Restructuring

Tesla has reportedly laid off employees across several departments over the last...

18 hours ago
Earnings
Ahead of Investor Day, FIS Sees Steady Growth in Banking

We’ll know more detail when Fidelity National Information Systems (FIS) holds its investor...

18 hours ago
Earnings
Paymentus: Surge in Transactions Signals Bill Pay’s Digital Shift

Paying bills is rarely fun. And it’s not just that —...

18 hours ago
Gig Economy
Gig Worker Ballot Measures Get Hearing in Massachusetts Court

The Massachusetts Supreme Judicial Court heard oral arguments Monday (May 6) regarding...

19 hours ago
Loans
Fed Survey Reveals Tighter Standards and Weaker Demand for Loans

Banks are seeing a slide in demand for loans — at...

19 hours ago
Retail
ThredUp: Low Consumer Confidence Is Keeping Shoppers From Clothing Splurges

As consumers continue to feel economic pressures constrain their budgets, ThredUp sees shoppers...

19 hours ago
Accounts Receivable
Many Smaller SMBs Opt to Process Ad Hoc Payments Manually...

Fifty-seven percent of the total accounts receivable (AR) transactional volume flowing...

20 hours ago
Retail
Millennials Are Home Improvement Retailers’ Best Customers

When it comes to home improvement retail, millennials are taking the...

20 hours ago
Politics
Cryptocurrency Super PACs Among Top Fundraisers for 2024 Elections

Cryptocurrency sector-backed super political action committees (PACs) have become one of...

20 hours ago
Security & Fraud
New SDNY Cases Show Continued Insider Fraud Threat

Since biblical times, the greatest threats have often come from inside...

20 hours ago
Consumer Insights
New York Fed: Fewer Renters Expect to Ever Buy Home

Renters are less confident that they will ever own a home...

21 hours ago
Consumer Insights
Five Ways Consumers Are Pumping the Brakes on Spending

We may be witnessing the beginnings of a great pullback in consumer spending....

21 hours ago
artificial intelligence
AI Could Put ‘Holy Grail’ of Retail Offers Within Reach 

Artificial intelligence (AI) is reshaping the way companies approach data-driven customer...

21 hours ago
CFPB
CFPB Alleges Organizations Ignored Student Loan Borrowers’ Payment Relief Requests

The Consumer Financial Protection Bureau (CFPB) has filed a complaint against the National Collegiate Student...

22 hours ago
Retail
Sam Ash Closes Stores as Musicians Turn to Amazon

As Amazon gains share in hobby retail categories, specialty retailers such as Sam Ash are...

22 hours ago
CBDC
India Proposes CBDC That Can Function Offline

India’s central bank wants its digital currency to be available without...

22 hours ago
Data
Data Security Is Top Priority as Payments Enter Zettabyte Era

You’ve probably heard it before, but data is undoubtedly the oil...

23 hours ago
artificial intelligence
Report: Microsoft Working on ‘Far Larger’ In-House AI Model

Microsoft is reportedly working on a new, in-house artificial intelligence (AI) model that...

23 hours ago