News

Cross-border Payments
Ant International and OCBC Partner on Tokenized Cross-Border Payments
November 06, 2024

FinTech Ant International and Singapore bank OCBC are collaborating to enhance cross-border fund settlements. 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...

Regulation
FTC Charges Review Platform Sitejabber With Deceiving Consumers
November 06, 2024

The Federal Trade Commission (FTC) announced a new enforcement action against Sitejabber, charging the review platform with deceiving consumers through misrepresentative reviews and ratings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cross-border Payments
Alipay+ and PayPay Expand Partnership for Cross-Border Payments in Japan
November 06, 2024

PayPay, a QR payments operator in Japan, is expanding its partnership with Alipay+ to widen its merchant coverage network across Japan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
FTC Suit vs FinTech ‘Dave’ Spotlights Conflict Over Fee Disclosures and Business Models
November 06, 2024

If the past few months have shown us anything it’s that the frictions between the regulators and the regulated — in this case, FinTechs — frequently are being played out in the courts. Get the Full Story Complete the form to unlock this article and...

Regulation
What Lies Ahead for the CFPB as Trump 2.0 Takes Shape?
November 06, 2024

As Donald Trump retakes the reins of power, the uncertainty over who occupies the White House is over. 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...

Regulation
FTC Accuses Digital Banking Platform Dave of Charging Undisclosed Fees to Users
November 06, 2024

The name of online banking platform Dave suggests a dependable friend. But after fielding consumer complaints, a regulator says Dave’s cash advance app is not on the level. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payments Innovation
Matera CEO Thinks US Banks Should Take a Page From Brazil’s Success With Pix and...
November 06, 2024

Digital transformation for banks and credit unions in the U.S. is ripe with opportunities, some of which can strengthen customer relationships in ways that only a few years ago would have been scarcely imaginable. With the help of artificial intelligence (AI), direct connections and instant...

Regulation
Penalties Loom Large for Unclaimed Property Reporting Missteps
November 06, 2024

Tax season is officially over — even the Oct. 15 extension deadline has come and gone. 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...

Retail
Malls Making a Comeback? Simon Property Group Says They Are
November 05, 2024

The mall, once seen as a relic of a bygone retail era, is once again gaining relevance — especially as younger consumers rediscover its value, according to David Simon, CEO of real estate investment trust Simon Property Group. Get the Full Story Complete the form to...