News

CFPB
CFPB Finds Atlantic Union Bank Misled Customers About Fees
December 07, 2023

The Consumer Financial Protection Bureau (CFPB) has ordered Atlantic Union Bank to pay $6.2 million, saying the bank misled customers and improperly enrolled them into paying overdraft fees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Regulation
UK Could Regulate Tech Giants Under Financial Umbrella
December 07, 2023

Could tech giants like Google and Amazon fall under the purview of British financial regulators? 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,...

B2B Payments
Expense Management Firm Emburse and Mastercard Streamline Reconciliations
December 07, 2023

Travel and expense (T&E) management firm Emburse has joined forces with Mastercard to offer enhanced security, proactive spend control and transaction data for its Emburse Cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Payment Methods
Citi Teams With FreedomPay to Offer Payments Choice at Checkout
December 07, 2023

Payments platform FreedomPay has teamed with Citi to enable Citi Pay products at point-of-purchase. 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...

Cross Border Commerce
ZilBank Streamlines Opening US Accounts for Mexican Companies
December 07, 2023

B2B banking platform ZilBank has launched a new feature that makes it easier for Mexican businesses, entrepreneurs and freelancers to pay U.S. vendors, affiliates, employees and others. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Artificial Intelligence
AI Wars: Google’s Gemini Can’t Stop Comparing Itself to OpenAI 
December 07, 2023

Has the artificial intelligence (AI) landscape overhyped itself?  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...

Loyalty & Rewards
McDonald’s Targets 250 Million Rewards Users by 2027 as QSRs Boost Personalization
December 07, 2023

With quick-service restaurants (QSRs) increasingly pushing their digital loyalty programs to gain valuable customer data, McDonald’s is aiming to add 100 million new members in the next few years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Trucking FinTech Solvento Secures $50 Million Debt Facility, Launches AP Automation
December 07, 2023

Solvento has secured a $50 million debt facility and equity to further develop and expand the use of its payment and credit infrastructure for Latin America’s trucking sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Social Commerce
Gen Z Tops Millennials on Social Media Shopping and Spending
December 07, 2023

Generation Z consumers are more likely to use Instagram and TikTok to search for products than other generations. They often turn to social media to browse brands before using Google. Their interaction within the social network often leads to a purchase, more so than other...