News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

(source: pymnts.com)

Chief Reality Officer? CFOs Remain Source of Truth Amid Financial Uncertainty
Chief Reality Officer? CFOs Remain Source of Truth Amid Financial Uncertainty
March 28, 2024  |  CFO

With great change comes great opportunity. And as the business landscape undergoes a rapid transformation, it has brought with it a broader shift in the...

READ MORE >
Ally Financial Names Discover Chief Michael Rhodes as CEO
Ally Financial Names Discover Chief Michael Rhodes as CEO
March 27, 2024  |  Personnel

Ally Financial has announced that Michael G. Rhodes will become its new CEO and will be appointed to the board of directors on April 29. Rhodes has just...

READ MORE >
LendingTree Secures $175 Million in Financing to ‘Navigate Current Market Environment’
LendingTree Secures $175 Million in Financing to ‘Navigate Current Market Environment’
March 27, 2024  |  Digital Banking

LendingTree has secured up to $175 million in financing from funds managed by Apollo affiliates. The company, which operates online financial services marketplace LendingTree.com, will draw $125 million of...

READ MORE >
Dwolla Taps MX for Account Verification, Aggregation Solutions
Dwolla Taps MX for Account Verification, Aggregation Solutions
March 27, 2024  |  Digital Banking

Dwolla has expanded its partnership with MX Technologies to help enterprises manage money movement. The company’s recently launched open banking services include bank verification and balance check capabilities...

READ MORE >
Rise of Synthetic IDs Demands New Approaches to Identity at the Point of Onboarding  
Rise of Synthetic IDs Demands New Approaches to Identity at the Point of Onboarding  
March 27, 2024  |  Security & Fraud

The synthetic ID — the online identity concocted through bits and pieces of information gleaned from far-flung sources, cobbled together by fraudsters — is wreaking...

READ MORE >
Restaurant Brands Tap Data Insights to Drive Engagement, Loyalty and Sales
Restaurant Brands Tap Data Insights to Drive Engagement, Loyalty and Sales
March 27, 2024  |  Restaurant innovation

From enhancing customer experiences to optimizing operations, embracing digital transformation is no longer just an option but an imperative for success in today’s competitive landscape. ...

READ MORE >
Clinique Becomes First Estée Lauder Brand on Amazon Premium Beauty
Clinique Becomes First Estée Lauder Brand on Amazon Premium Beauty
March 27, 2024  |  Retail

Some Estée Lauder Companies brands will open dedicated storefronts in the U.S. on Amazon’s Premium Beauty destination over the coming months.  This rollout will start with Clinique, which...

READ MORE >
US Treasury Warns of AI Dangers in the Financial Sector
US Treasury Warns of AI Dangers in the Financial Sector
March 27, 2024  |  artificial intelligence

The Treasury Department is sounding the alarm on cybersecurity risks posed by the growing use of artificial intelligence (AI) within the financial services sector.  A new...

READ MORE >
Sandbox Banking and Plaid Partner on Automated Identity Verification Solutions
Sandbox Banking and Plaid Partner on Automated Identity Verification Solutions
March 27, 2024  |  Identity

Sandbox Banking and Plaid have partnered to offer automated identity verification solutions for the financial services industry.  This collaboration will bring together banking solutions from Sandbox Banking...

READ MORE >