News

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

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Neobanks Challenged by Rising Tide of Push Payments Fraud and Third-Party Scams
Neobanks Challenged by Rising Tide of Push Payments Fraud and Third-Party Scams
October 31, 2023  |  Fraud Prevention

They have different business models — but often compete for the same customers. And for banks and neobanks, there may be one commonality: The challenge...

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Durbin Sets Sights on Frequent Flyer Rewards and Takes CCCA Battle to the Skies
Durbin Sets Sights on Frequent Flyer Rewards and Takes CCCA Battle to the Skies
October 31, 2023  |  Loyalty & Rewards

The fight over the Credit Card Competition Act (CCCA) has taken to the skies. This week, Sens. Dick Durbin, D-Ill., and Roger Marshall, R-Kan., who...

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Olive Technologies and Procurify Collaborate to Enhance Procurement Processes
Olive Technologies and Procurify Collaborate to Enhance Procurement Processes
October 31, 2023  |  Partnerships

Olive Technologies, a provider of artificial intelligence (AI)-driven decision-making solutions, partnered with Procurify, a provider of cloud-based procure-to-pay software. The collaboration aims to simplify and...

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Bloom Credit Unveils Credit-Building Tool for Renters
Bloom Credit Unveils Credit-Building Tool for Renters
October 31, 2023  |  Financial Inclusion

Financial wellness platform Bloom Credit launched a credit reporting service for rental payment data. The company debuted a service that allows rental apps to report...

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Quora Launches Monetization for Creators of AI-Powered Bots
Quora Launches Monetization for Creators of AI-Powered Bots
October 31, 2023  |  Artificial Intelligence

Quora launched a monetization program for bot creators who use its artificial intelligence (AI) product called Poe. The program will support both prompt bots created...

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Voice-Based AI Interactions Bring Sci-Fi Fantasies to Everyday Reality
Voice-Based AI Interactions Bring Sci-Fi Fantasies to Everyday Reality
October 31, 2023  |  Artificial Intelligence

The science fiction genre is going to need a new name, or some new tropes, as many of its greatest hits are becoming a right-now...

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Bankman-Fried Gets Last Chance to Plead His Case
Bankman-Fried Gets Last Chance to Plead His Case
October 31, 2023  |  Legal

Sam Bankman-Fried is set to wrap his testimony in his federal fraud trial Tuesday (Oct. 31). And as a report by CNBC notes, this will mark the FTX founder’s...

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Tech Giants Drive Subscription Growth Across Consumers’ Daily Activities
Tech Giants Drive Subscription Growth Across Consumers’ Daily Activities
October 31, 2023  |  Subscriptions

From business to leisure, the largest tech companies are driving recurring revenue from every part of consumers’ day-to-day routines with their subscription offerings. Take, for...

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TLSC and Millennium Collaborate on Repossession Solutions for Credit Unions
TLSC and Millennium Collaborate on Repossession Solutions for Credit Unions
October 31, 2023  |  Credit Unions

The Loan Service Center (TLSC), a PSCU company, has partnered with Millennium Capital and Recovery Corp. to provide repossession solutions to credit unions.  Through TLSC’s extended services, credit unions will...

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