News

Investments
Cover Genius Raises $80 Million to Grow Embedded Protection Offering
May 15, 2024

InsurTech Cover Genius has raised $80 million in Series E funding to grow its embedded protection offering. 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...

Cross-border Payments
Block-Owned TBD and Chipper Cash Partner on Cross-Border Payments in Africa
May 15, 2024

Block-owned TBD and African FinTech Chipper Cash partnered to facilitate B2C and B2B cross-border payments across 40 African countries. 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
Customer Satisfaction Concerns Drive eCommerce Merchants’ Security Upgrades
May 15, 2024

Ninety-five percent of eCommerce merchants have either already started enhancing their anti-fraud resources or plan to do so before the year is out. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Faster Payments
93% of Truck Drivers Want Instant Payments
May 15, 2024

Truck drivers help keep the supply chain functioning, but the turnover rate is high in the industry — a reality that can have ripple effects across the entire U.S. economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Digital Banking
Chime to Add Earned Wage Access Offering to Banking App
May 15, 2024

Chime will soon add an earned wage access offering called MyPay to its banking app. 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
British Payments Sector Protests Fraud Reimbursement Rules
May 15, 2024

The U.K. payments sector is protesting the government’s plan to have companies reimburse fraud victims. 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,...

Banking
Ahead of Hill Hearing, Regulators Say Banks ‘Resilient’ but Risks Remain
May 14, 2024

Testimony from some of the top regulators in the country ahead of a Wednesday (May 15) Capitol Hill hearing on bank oversight took note of the resilience of the banking industry in the wake of the Silicon Valley Bank (SVB) collapse of last year. Get...

CFPB
CFPB Pays $384 Million to Victims of Think Finance Scheme
May 14, 2024

Eleven years ago, Think Finance was named one of Forbes’ most promising companies. 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...

Retail
Adults Are Buying More Toys as Families Cut Back
May 14, 2024

Parents are buying fewer toys and games for their children, but adult collectors are still splurging on premium dolls, figurines and such, and toy and game companies are expanding their direct-to-consumer (D2C) offerings to meet this demand. Get the Full Story Complete the form to unlock...