News

B2B Payments
FIS Launches Embedded Finance Platform for Financial Institutions and Businesses
May 07, 2024

FIS has launched an embedded finance platform designed for use by financial institutions, businesses and software developers. 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...

B2B Payments
Virtual Cards Close Middle-Market Cash Flow ‘Unpredictability Gap’
May 07, 2024

Virtual cards are at a tipping point. 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 agree...

Payments Innovation
CFPB Rule 1033 Will Hasten Shift to Open Banking in US
May 07, 2024

Back in October, the Consumer Financial Protection Bureau (CFPB) made public a new rule about data and data sharing. And it wasted no time signaling the intent behind it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
ThredUp: Low Consumer Confidence Is Keeping Shoppers From Clothing Splurges
May 06, 2024

As consumers continue to feel economic pressures constrain their budgets, ThredUp sees shoppers pull back on buying clothes — even lower-cost secondhand ones. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Millennials Are Home Improvement Retailers’ Best Customers
May 06, 2024

When it comes to home improvement retail, millennials are taking the lead, PYMNTS Intelligence research reveals. 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...

Security & Fraud
New SDNY Cases Show Continued Insider Fraud Threat
May 06, 2024

Since biblical times, the greatest threats have often come from inside one’s own organization. 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...

CFPB
CFPB Alleges Organizations Ignored Student Loan Borrowers’ Payment Relief Requests
May 06, 2024

The Consumer Financial Protection Bureau (CFPB) has filed a complaint against the National Collegiate Student Loan Trusts and Pennsylvania Higher Education Assistance Agency (PHEAA), alleging that they ignored student loan borrowers seeking payment relief. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Sam Ash Closes Stores as Musicians Turn to Amazon
May 06, 2024

As Amazon gains share in hobby retail categories, specialty retailers such as Sam Ash are taking a hit. The music retailer announced Thursday (May 2) that it is closing all its stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
US Consumers Demand Brand-Friendly Shoppable Video Content
May 06, 2024

As commerce and entertainment become increasingly intertwined, high-intent consumers are still turning to brands’ and retailers’ websites to get their shoppable content. 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...