News

CFPB
CFPB Ombudsman’s Office Fields Record Number of Inquiries in FY2024
December 05, 2024

The Consumer Financial Protection Bureau’s (CFPB) Ombudsman’s Office received a record number of inquiries in fiscal year 2024. 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...

B2B Payments
This Week in B2B Innovation: Capturing Opportunity Across an Atypical Landscape
December 05, 2024

Business-to-business (B2B) payments are undergoing a period of upheaval and reinvention. 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...

Payments Innovation
Recent Funding Rounds Signal PayFac’s Rising Star
December 05, 2024

Platforms are rapidly forging their own ecosystems — matching supply and demand, buyers and sellers, sometimes on a global scope. In other cases, they serve specific verticals — for example, hair salons or restaurant delivery — to offer a one-stop shop for a variety of...

CFPB
CFPB Begins Largest-Ever Distribution to Victims in ‘Advance Fee’ Case
December 05, 2024

The Consumer Financial Protection Bureau (CFPB) has begun distributing $1.8 billion to 4.3 million consumers a year after securing a legal judgment saying that companies had violated the Telemarketing Sales Rule’s advance fee prohibition. Get the Full Story Complete the form to unlock this article...

Delivery
Dollar General Tests Same-Day Delivery to Compete With Walmart
December 05, 2024

Amid ongoing economic pressures, Dollar General is refining its approach to better serve its financially constrained customers, CEO Todd Vasos said Thursday (Dec. 5) during the company’s third-quarter earnings call. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Solving for the Hundred-Trillion-Dollar B2B Payments Acceptance Problem
December 05, 2024

In the B2B world, where deal sizes can soar into the millions, financial relationships are anything but straightforward. 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...

Security & Fraud
FTC Sends $500K to Consumers in Vivint Credit Report Case
December 05, 2024

The FTC is sending almost $500,000 in payments to consumers it says were harmed by Vivint Smart Homes. 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,...

B2B Payments
Higher Instant Payment Limits Test B2B ACH Volume
December 05, 2024

For all transactions — but especially for high-value commercial payments — speed is always a consideration, alongside the costs of those transactions, as well as security concerns. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Delivery
Uber and Toast Team to Offer Commission-Free Delivery
December 05, 2024

Uber is expanding its partnership with restaurant technology platform Toast. 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...