News

CFPB
Reports: CFPB Laying Off 90% of Staff
April 17, 2025

The Consumer Financial Protection Bureau (CFPB) is reportedly in the process of laying off 1,500 employees, which will reduce the agency’s staff to 200. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Retailers ‘Uncharacteristically Blunt’ in Telling Customers Tariffs Will Raise Prices
April 17, 2025

Some retailers are reportedly being “uncharacteristically blunt” in sharing with customers the impact new U.S. tariffs are having on the prices of their products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Tech Redefines Finance This Week in B2B
April 17, 2025

Navigating uncertainty demands an uncompromising approach. 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 this form, you agree to...

Banking
KeyCorp’s Commercial Payments Business Grows Despite Macro Uncertainty
April 17, 2025

KeyCorp’s latest earnings results showed growth in deposits, while management pointed to momentum in payments, including commercial payments, that should prove resilient even in the face of tariff-induced macroeconomic headwinds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
23andMe’s Data Security Catches Attention of House GOP
April 17, 2025

A trio of lawmakers want answers from 23andMe about the security of its customer data. 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,...

Artificial Intelligence
From Buzzwords to Bottom Lines: Understanding the AI Model Types
April 17, 2025

There’s an alphabet soup of terms floating around when it comes to artificial intelligence models. There are foundation and frontier models, large and small language models, multimodal models — and the AI model term du jour, reasoning models. Get the Full Story Complete the form...

Security & Fraud
Capital One Launches Data Security Solution Databolt
April 17, 2025

Capital One Software introduced a tokenization solution to help businesses address data security challenges. 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...

Partnerships / Acquisitions
Barclays to Sell Stake in Payment Acceptance Business to Brookfield
April 17, 2025

Barclays and private equity firm Brookfield Asset Management partnered to grow Barclays’ payment acceptance business and transform it into a standalone entity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Artificial Intelligence
How to Manage Risks When Employees Use AI Secretly for Work
April 17, 2025

Employees who use generative artificial intelligence tools in the workplace without company approval or oversight — a practice known as “bring your own AI’ or BYOAI — could introduce risks into the enterprise, according to MIT researchers. Get the Full Story Complete the form to...