News

Security & Fraud
Block Chief Risk Officer Says Scams Test Trust After the Damage Is Done
December 11, 2025

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Retail
Lowe’s and Home Depot Tap AI to Capture DIY Spend
December 10, 2025

The traditional consumer journey from initial home project idea to completed build is notoriously inefficient, opaque and cash intensive. Retailers and construction managers are now turning to artificial intelligence (AI) to create a streamlined, digitally native decision path that dictates where and how money is...

Retail
American Express Reports 9% Increase in Consumer Spending Around Thanksgiving
December 10, 2025

Consumer retail spending from the week before Thanksgiving through Cyber Monday (Dec. 1) was up 9% year over year, American Express Chairman and CEO Stephen J. Squeri said Wednesday (Dec. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Regulation
EU Finance Ministers Set to Call for Simpler Financial Services Regulations
December 10, 2025

European Union finance ministers will reportedly press for simplification of the bloc’s financial services laws when the ministers meet on Friday (Dec. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
SoFi Debuts Debit Rewards With New Member Card 
December 10, 2025

Digital financial services firm SoFi has debuted its “all-in-one account” Smart Card. 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
Fed Signals Shift as Washington Targets Paper Checks
December 10, 2025

Check usage continues to decline each year as consumers and businesses shift toward digital tools. At the same time, significant numbers of users still depend on checks for convenience, record keeping or lack of better alternatives. Get the Full Story Complete the form to unlock...

Payments Innovation
Earned Wage Access Pulls Embedded Finance Into Everyday Life
December 10, 2025

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Banking
OCC Rule Shift Raises Leveraged Lending Risk for Banks and Nonbanks
December 09, 2025

Nonbanks expanded sharply in corporate credit during the past decade, and this growth coincided with a market in which leverage steadily moved higher. Private credit funds and finance companies have became central players as banks faced new rules on leverage. New regulatory changes now set...

Banking
HSBC Appoints Interim CEO Jason Henderson to Lead US Business
December 09, 2025

HSBC has appointed Jason Henderson as CEO for the United States, effective Tuesday (Dec. 9). 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,...