News

CFPB
CFPB Targets Wrongful Car Repossessions and Service Fees
October 07, 2024

The Consumer Finance Protection Bureau (CFPB) says it’s taking action against improper automobile repossessions. 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...

Investments
Zepz Raises $267 Million to Grow Global Cross-Border Remittance Solutions
October 07, 2024

Zepz has raised $267 million in a Series F funding round to continue growing its global cross-border remittance solutions, WorldRemit and Sendwave. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

eCommerce
TikTok Shop Turns to Storfund to Improve Seller Cash Flow
October 07, 2024

TikTok Shop has teamed with Storfund to offer sellers an embedded cash flow solution. 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...

Artificial Intelligence
AI Explained: Transformer Models Decode Human Language
October 07, 2024

Transformer models are changing how businesses interact with customers, analyze markets and streamline operations by mastering the intricacies of human language. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Point of Sale
71% of Merchants Expect Software to Replace Traditional Point-of-Sale Terminals
October 07, 2024

As digital payment technology evolves, software point-of-sale (SoftPOS) solutions are emerging as a transformative force in payments. With the potential to democratize payment acceptance, SoftPOS is set to revolutionize how merchants — both small and large — conduct transactions. Get the Full Story Complete the...

Retail
Rite Aid CMO Says ‘Data Is Our Best Friend Right Now’
October 07, 2024

Data, in the right hands, can be a business leader’s magic wand. 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...

B2B Payments
Exclusive Interview: B2B Payments Aren’t Boring Anymore: Here Are 8 Reasons Why
October 07, 2024

We’re approaching the mid-point of the decade — and it’s much more than an interesting calendar event. We’ve seen a complete transformation of payments over the past five years, from the pandemic in 2020 and its digital shift to the current focus on security, account-to-account...

Security & Fraud
UK’s APP Fraud Reimbursement Rule Goes Into Effect Monday
October 06, 2024

This week marks a major change in how U.K. banks and payment firms address fraud. 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,...

Security & Fraud
Homeland Security Blocked 500-Plus Ransomware Attacks Since 2021
October 06, 2024

U.S. cybersecurity agents have stopped more than 500 ransomware attacks since 2021. 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...