News

CFPB
Chime Inc. Faces CFPB Action for Alleged Deceptive Practices on Sendwave App
October 17, 2023

The Consumer Financial Protection Bureau (CFPB) has taken action against Chime Inc., the operator of the Sendwave mobile app, for deceiving consumers about the speed and cost of remittance transfers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
September Retail Sales Don’t Look All That Rosy When Adjusted for Inflation
October 17, 2023

Bank earnings came first, putting up card spending data that spotlighted consumers’ willingness to keep spending across debit and credit cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Prove Identity Raises $40 Million at Over $1 Billion Valuation
October 17, 2023

Prove Identity, a smartphone-based identity verification startup, has secured $40 million and reached unicorn status with a valuation exceeding $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
sticky.io and FlexCharge Partner on eCommerce Payment Decline
October 17, 2023

Subscription management and recurring billing provider sticky.io has partnered with payment decline management firm FlexCharge. 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
Bank of America Says Zelle Transactions Climb 27% Year Over Year
October 17, 2023

Bank of America’s earnings showed a continued surge in P2P volumes, as Zelle transactions climbed double digits, measured year over year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

eCommerce
Amazon Plans South African Online Store for 2024
October 17, 2023

Amazon will open its doors to sellers in South Africa beginning next year. 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....

B2B Payments
Boost Launches Platform to Digitize and Automate AP Processes
October 17, 2023

B2B payments company Boost Payment Solutions has launched a platform designed to optimize card-based payments for medium- to large-sized enterprises.  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...

Payment Methods
Why Payments Orchestration Remains a ‘Hot Topic’ in Global Commerce
October 17, 2023

“Orchestration remains a hot topic in the payments world,” said Nathan Salisbury, managing director of Worldline Payment Orchestration. 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...

Payment Methods
40% of Millennials Tap Installment Plans to Improve Their Credit Scores
October 16, 2023

Installment plans have emerged as a popular payment method, offering consumers the flexibility to pay for their purchases over time, rather than upfront. This enables them to manage their finances more effectively and avoid accumulating credit card debt. Get the Full Story Complete the form...