News

Regulation
EC: Bluesky Breaches Rules by Not Disclosing Number of Users
November 25, 2024

A European Commission spokesman reportedly said Monday (Nov. 25) that social media platform Bluesky is breaching European Union (EU) rules by not disclosing how many users it has in the EU and where it is legally established. Get the Full Story Complete the form to...

News
Geico and Travelers Fined $11.3 Million for NY Data Breaches 
November 25, 2024

New York state has penalized two auto insurance giants for failing to secure 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,...

Regulation
UK’s FCA Aims to Support Competitiveness of Financial Services Sector
November 25, 2024

The United Kingdom’s Financial Conduct Authority (FCA) has launched an economic research competition that will award four winners up to 30,000 pounds (about $37,726) to research how regulation can support the country’s economic growth. Get the Full Story Complete the form to unlock this article...

Banking
Mbanq Debuts AI-Powered Loan Origination Platform Comet
November 25, 2024

Banking technology company Mbanq has debuted Mbanq Comet, an AI-powered digital loan origination platform. 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...

IPO
Goldman Sachs Banker Sees ‘Massive’ Potential for 2025 IPO Uptick
November 25, 2024

A senior Goldman Sachs banker believes 2025 will see more technology companies go public. 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...

Retail
Macy’s Employee Accused of Concealing $132 Million in Delivery Costs
November 25, 2024

Macy’s has delayed its earnings call after discovering a multimillion-dollar “intentional” employee accounting error. 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....

Artificial Intelligence
ChatGPT Flexes Muscles in Unexpected Arena as Estée Lauder Beauty Consultant
November 25, 2024

Beauty companies increasingly use artificial intelligence to transform how they develop and market products, with personalization and convenience at the forefront. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
In B2B Payments, It Takes Two to Create Value
November 25, 2024

B2B payments remain tied to legacy systems, but emerging solutions are setting the stage for a more agile and responsive payment ecosystem. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
The True Cost of Fraud Goes Well Beyond Dollars Lost
November 25, 2024

The impact of fraud on a business can be swift and severe. 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...