News

eCommerce
One-Click to Rule Them All: Why Merchants Are Betting Big on Faster Checkouts
December 12, 2024

When it comes to succeeding in eCommerce, conversion is king. Yet online merchants widely report having problems in delivering a high-quality checkout experience to their customers. In fact, more merchants encounter trouble in this area than in payment processing. Get the Full Story Complete the...

Banking
Basel Committee Debuts Credit Risk Guidelines for Banks
December 11, 2024

A global banking watchdog introduced new guidelines covering counterparty credit risk (CCR) management. 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....

Regulation
Report: Google Asks FTC to End Microsoft-OpenAI Cloud Deal
December 11, 2024

Google reportedly asked the Federal Trade Commission (FTC) to end Microsoft’s exclusive agreement to host OpenAI’s technology on its cloud servers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
Featurespace Receives US Patent for AI-Powered Fraud Detection Technology
December 11, 2024

Featurespace was granted a U.S. patent for its adaptive behavioral analytics technology. 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...

Regulation
Financial Landscape Unprepared for Increasing FinTech Influence, Oversight Group Says
December 11, 2024

Innovation within the financial services and payments space tends to center around two poles: FinTechs, and cryptocurrency. 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...

Investments
Mynt Raises $23 Million to Expand Spend Management Solution in Europe
December 11, 2024

Mynt, a spend management solution focused on Nordic small- to medium-sized businesses (SMBs), raised 22 million euros (about $23 million) in a Series B funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Payment Methods
Why Payment Choice Can Make or Break Retail’s Holiday Season
December 11, 2024

There are more than a few factors tied to success during the holiday season. To put it mildly, the season is as much about stress as it is about giving. Merchants are tallying up the sales at the (virtual) registers as their transaction volumes take...

Payments Innovation
Mapping the Money: Why Payments Innovation Starts With the Customer Journey
December 11, 2024

As companies mull updates to their payments processes, the changes required to automate and digitize those (sometimes) analog interactions can prove daunting — and costly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

eCommerce
Stitch Fix Tailors Turnaround Strategy With AI, Personalized Offerings
December 10, 2024

Stitch Fix, the online personal styling service, began its fiscal year 2025 with a clear vision to reinvigorate its business and return to growth by the end of FY 2026. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...