News

Fed and CFPB Raise Dollar Thresholds for Lending, Leasing Rules
Regulation
Fed and CFPB Raise Dollar Thresholds for Lending, Leasing Rules
November 13, 2023

The Federal Reserve Board and the Consumer Financial Protection Bureau (CFPB) have raised the dollar thresholds for applicability of Truth in Lending and Consumer Leasing rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Hackers Claim ICBC Paid to End Ransomware Attack
Security & Fraud
Hackers Claim ICBC Paid to End Ransomware Attack
November 13, 2023

A hacker group says the Industrial and Commercial Bank of China (ICBC) paid a ransom following an attack last week. 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...

Klarna Expands Creator Shops as Consumers Embrace Social Commerce
Social Commerce
Klarna Expands Creator Shops as Consumers Embrace Social Commerce
November 13, 2023

Payments network Klarna has expanded its ad and marketing tools for creators and retailers.  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...

Uber Expands Safety and Earning Features on Driver App
Ridesharing
Uber Expands Safety and Earning Features on Driver App
November 13, 2023

Uber is adding several features related to safety, navigation and earning to its app for drivers. 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...

Xero Adds Bill Payments and eInvoicing to Small Business Platform 
B2B Payments
Xero Adds Bill Payments and eInvoicing to Small Business Platform 
November 13, 2023

Global small business platform Xero has launched two new payments features aimed at assisting U.K. small businesses in managing their cash flow more effectively.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

VC Firm Interplay Raises $45 Million for Software Companies
Investments
VC Firm Interplay Raises $45 Million for Software Companies
November 13, 2023

New York-based venture capital (VC) firm Interplay has reportedly closed its third fund, raising $45 million in capital commitments. 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...

Report: Two-Thirds of Retailers Have Excess Inventory as Holidays Approach
Retail
Report: Two-Thirds of Retailers Have Excess Inventory as Holidays Approach
November 13, 2023

American retailers could be saddled with a glut of inventory for the holiday shopping season. 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,...

Report: $27 Million in Crypto Swiped From Binance-Linked Wallet
Security & Fraud
Report: $27 Million in Crypto Swiped From Binance-Linked Wallet
November 13, 2023

A hacker reportedly stole $27 million in cryptocurrency from a Binance-connected wallet. 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...

What Superintelligent Sentience (AGI) Means for the AI Ecosystem
Artificial Intelligence
What Superintelligent Sentience (AGI) Means for the AI Ecosystem
November 13, 2023

Last century, space was widely considered to be the final frontier. 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...