News

Retail
CarMax Deploys Tech to Gain Efficiency in Challenging Used-Car Market
April 11, 2024

CarMax is deploying tech solutions to boost efficiency as it continues to deal with a tough environment for buying and selling used cars. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
Report: Morgan Stanley Facing Probes of Anti-Money Laundering Practices
April 11, 2024

Morgan Stanley is reportedly facing investigations by several agencies into how its wealth management division vets and monitors clients who may pose money-laundering risks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Small Businesses, Air Transport Innovations Dominate This Week in B2B 
April 11, 2024

There’s no business like a B2B business.  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...

Security & Fraud
Investigation Into Morgan Stanley’s Wealth Arm Underscores Scrutiny of AML and Onboarding Efforts 
April 11, 2024

Anti-money laundering (AML) defenses might begin at the point of onboarding. 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...

IPO
Rappi Getting Ready for IPO ‘When It Makes Sense’
April 11, 2024

Delivery service Rappi is getting ready for a future initial public offering (IPO). 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
Wave of AI Models Signals Intense Industry Rivalry
April 11, 2024

The rise of several artificial intelligence models indicates a fresh surge in industry rivalry, possibly setting the stage for an array of innovative commercial applications. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Consumers Demand Deals on Big-Ticket Items Amid Economic Uncertainty
April 11, 2024

With ongoing financial challenges constraining shoppers’ purchasing power, furniture companies’ recent earnings reports show that consumers may not be willing to buy, say, a new couch if they are not getting it at a bargain. Get the Full Story Complete the form to unlock this...

CFPB
CFPB and EU Eye Consumer Risks of BNPL, AI and Digital Payments
April 11, 2024

Consumer protection officials for the United States and the European Commission have met to discuss three shared priorities: buy now, pay later (BNPL), digital payments and artificial intelligence (AI). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Mimo Launches Financial Management Platform for Small Businesses, Accountants
April 11, 2024

Mimo raised 15.5 million pounds (about $19.4 million) to launch its financial management platform for small- to medium-sized businesses (SMBs) and accountants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...