News

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

(source: pymnts.com)

Issuers Look Beyond Inflation and Interest Rates to Managing Real-Time Fraudsters
Issuers Look Beyond Inflation and Interest Rates to Managing Real-Time Fraudsters
April 23, 2024  |  Real-Time Payments

As global head of product at payment processor i2c, Seth Perlman has seen his share of headwinds and tailwinds in the banking business, including stints...

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New Data: 93% of Card-Linked Offer Users Come Back for More
New Data: 93% of Card-Linked Offer Users Come Back for More
April 23, 2024  |  Loyalty & Rewards

Card-linked offers, which provide special savings or rewards attached to a merchant or product, are popular: Roughly 2 in 5 cardholders consistently use them. PYMNTS...

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NCR Says Digital Banking Has ‘Unique’ Small Business Opportunity
NCR Says Digital Banking Has ‘Unique’ Small Business Opportunity
April 23, 2024  |  Opinion

Financial institutions have a unique opportunity to bolster the resilience of small businesses by providing tailored financial tools and support, NCR Voyix Chief Product Officer,...

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90% of FIs Say a Fraud-Prevention Vendor’s Reputation Is Key to Collaboration 
90% of FIs Say a Fraud-Prevention Vendor’s Reputation Is Key to Collaboration 
April 23, 2024  |  Fraud Prevention

More than 40% of financial institutions (FIs) report seeing increasing volumes of fraud and financial crimes, according to PYMNTS Intelligence data.  Faced with this onslaught...

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Technology Turns Tax Compliance Into Growth Engine
Technology Turns Tax Compliance Into Growth Engine
April 23, 2024  |  Opinion

Companies have a critical need for technology to help manage their tax obligations, Sovos CEO Kevin Akeroyd writes in the new PYMNTS eBook, “The Implications...

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Pomelo Officially Launches Product Combining Credit and International Money Transfer
Pomelo Officially Launches Product Combining Credit and International Money Transfer
April 22, 2024  |  Cross-border Payments

Pomelo has announced its official launch after several months of private beta. The company is launching with $70 million in seed financing that includes $20 million...

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Hackers Were in Change Healthcare System 9 Days Before Ransomware Attack
Hackers Were in Change Healthcare System 9 Days Before Ransomware Attack
April 22, 2024  |  Cybersecurity

Hackers were reportedly in the networks of UnitedHealth Group’s Change Healthcare unit for days before launching their ransomware strike. They gained entry to the networks...

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Verizon Focuses on AI Priorities as Customer Losses Slow
Verizon Focuses on AI Priorities as Customer Losses Slow
April 22, 2024  |  Earnings

Verizon is crediting flexible price plans and streaming bundles for its slowing customer losses. The wireless provider on Monday (April 11) reported that it lost 68,000 monthly wireless phone subscribers...

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Phone Number Data Expands Fraud Prevention Arsenal
Phone Number Data Expands Fraud Prevention Arsenal
April 22, 2024  |  Fraud Prevention

While digital identities incorporate various data points such as name, email and physical address, phone numbers are swiftly emerging as the predominant means of identification. ...

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