News

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

(source: pymnts.com)

Report: Former Celsius Executive Pleads Guilty and Cooperates with Prosecutors
Report: Former Celsius Executive Pleads Guilty and Cooperates with Prosecutors
September 14, 2023  |  Legal

A former executive at now-bankrupt Celsius Network, Roni Cohen-Pavon, has reportedly pleaded guilty to criminal charges in the United States and has agreed to cooperate with...

READ MORE >
Report: Blockchain Company R3 Lays Off 20% of Staff
Report: Blockchain Company R3 Lays Off 20% of Staff
September 14, 2023  |  Blockchain

R3, a prominent blockchain company in the finance industry, has reportedly laid off one-fifth of its workforce. The company eliminated positions across different functions and...

READ MORE >
Banks and Payment Firms Tap AI to Combat Fraud Amid Surge in Sophisticated Financial Crime
Banks and Payment Firms Tap AI to Combat Fraud Amid Surge in Sophisticated Financial Crime
September 14, 2023  |  Fraud Prevention

The rise of digital banking and faster digital payment methods has brought about increasingly sophisticated fraud and financial crime.  Against that backdrop, financial institutions (FIs)...

READ MORE >
Report: Binance.US Executives Exit Amid SEC Lawsuit
Report: Binance.US Executives Exit Amid SEC Lawsuit
September 14, 2023  |  Cryptocurrency

Binance.US, the American arm of cryptocurrency exchange Binance, is reportedly dealing with the departure of key legal and risk executives. Krishna Juvvadi, head of legal,...

READ MORE >
Carputty Deploys AI to Add Transparency to Auto Lending Process
Carputty Deploys AI to Add Transparency to Auto Lending Process
September 14, 2023  |  artificial intelligence

Carputty has added artificial intelligence (AI) solutions to its auto financing platform and says that one-third of the applications it receives are now AI-decisioned. AI makes...

READ MORE >
BMO and Modern Treasury Integrate Solutions for Commercial Banking Clients
BMO and Modern Treasury Integrate Solutions for Commercial Banking Clients
September 14, 2023  |  Partnerships

BMO and Modern Treasury have partnered to simplify the management and tracking of complex payment flows for their shared commercial banking clients.  This collaboration combines BMO’s banking...

READ MORE >
Amazon Launches Buy With Prime Merchant Tools Aimed at Increasing Conversions
Amazon Launches Buy With Prime Merchant Tools Aimed at Increasing Conversions
September 14, 2023  |  Amazon

Amazon has unveiled a pair of tools to help merchants using its Buy with Prime program. Introduced in April 2022, the program lets merchants sell...

READ MORE >
US Bank Launches Banking, Payments Services for Smaller Medical Practices
US Bank Launches Banking, Payments Services for Smaller Medical Practices
September 14, 2023  |  Healthcare

U.S. Bank says it wants to give smaller medical practices the same financial help as their larger counterparts.  The bank on Thursday (Sept. 14) announced a program...

READ MORE >
BigTime Software and BlueSnap Partner on Payment Solutions in Canada
BigTime Software and BlueSnap Partner on Payment Solutions in Canada
September 14, 2023  |  B2B Payments

BigTime Software, an operating platform for professional services organizations, has partnered with BlueSnap, a global payment orchestration platform, to bring online payment and financial management capabilities...

READ MORE >