News

Security & Fraud
LoanDepot Says 16.9 Million Customers Impacted by January Data Breach
February 26, 2024

LoanDepot said Friday (Feb. 23) that a data breach that impacted the company in January affected 16.9 million customers. 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...

Artificial Intelligence
Google to Relaunch AI Image Generation Tool After Pausing It
February 26, 2024

Google’s artificial intelligence image generation tool offered through Gemini is set to be relaunched in the next few weeks after being paused due to inaccuracies in historical depictions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

CFPB
CFPB Establishes Supervisory Authority Over World Acceptance
February 26, 2024

The Consumer Financial Protection Bureau (CFPB) has taken action to establish supervisory authority over installment lender World Acceptance Corp., saying it aims to ensure compliance with federal consumer financial protection laws. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
OCC Head Concerned About Bank-FinTech Collaboration
February 26, 2024

Michael Hsu, CEO and acting comptroller of the currency for the Office of the Comptroller of the Currency (OCC), recently reiterated his agency’s commitment to mitigating any perceived risks in banking — especially those triggered by collaborations with FinTechs. Get the Full Story Complete the...

Artificial Intelligence
UK Government Breaks With EU, Takes Pro-Innovation AI Approach
February 26, 2024

There’s a global race going on with artificial intelligence at its center. 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...

Banking
Report: Paytm Turning to Banks to Process UPI Transactions
February 26, 2024

Embattled Indian FinTech Paytm is reportedly turning to a group of banks for help. 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...

Digital Banking
FIS Eyes Recurring Banking Solutions Growth After Sale of Worldpay Stake
February 26, 2024

Fidelity National Information Systems (FIS) reported fourth-quarter earnings results that showed momentum in recurring revenue metrics as financial institutions expand their digital banking initiatives and offerings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Faster Payments
EU Makes Instant Payments the Law of the Land
February 26, 2024

Making instant payments in the European Union (EU) just became much easier. 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...

Payment Methods
Thredd Reports Early-Year Rise in Transactions
February 26, 2024

Payments processor Thredd is predicting a thaw following last year’s “FinTech winter.” 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...