PYMNTS News

FDIC Consumer Complaint Surge Led by Credit Reporting Disputes

FDIC Consumer Complaint Surge Led by Credit Reporting Disputes
FDIC Consumer Complaint Surge Led by Credit Reporting Disputes
July 03, 2025  |  Credit Cards

The Federal Deposit Insurance Corp. (FDIC) processed a surge in consumer complaints in 2024, with credit cards being the most frequently cited product and credit...

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Alibaba Resharpens Focus on AI and eCommerce
Alibaba Resharpens Focus on AI and eCommerce
July 03, 2025  |  eCommerce

In May 1999, a group of entrepreneurs launched an online B2B website called Alibaba.com, which operated out of a small apartment in Hangzhou, China. Its...

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Amundi Chief Investment Officer Says Stablecoins Threaten Global Payment System
Amundi Chief Investment Officer Says Stablecoins Threaten Global Payment System
July 03, 2025  |  Cryptocurrency

A boom in the use of dollar-backed stablecoins could destabilize the global payment system, Amundi Asset Management Group Chief Investment Officer Vincent Mortier told Reuters...

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CFPB Corrects ‘Invisible’ Count as Millions Struggle to Shake Credit Limbo
CFPB Corrects ‘Invisible’ Count as Millions Struggle to Shake Credit Limbo
July 03, 2025  |  Consumer Finance

The Consumer Financial Protection Bureau (CFPB) reports that the ranks of the “credit invisibles” in the U.S. have thinned. Get the Full Story Complete the...

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Amazon and Walmart Supply Chains Go Robot
Amazon and Walmart Supply Chains Go Robot
July 03, 2025  |  Retail

The battle between Amazon and Walmart is hardly recognizable today relative to 10 years ago. Get the Full Story Complete the form to unlock this...

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Employment Growth Exceeded Expectations in June, Led by State Government
Employment Growth Exceeded Expectations in June, Led by State Government
July 03, 2025  |  Economy

Employment grew in June at about the same rate it’s been increasing over the past year, with gains in state government and health care and...

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JPMorgan Chase Reorganizes Private Bank to Facilitate Global Investments
JPMorgan Chase Reorganizes Private Bank to Facilitate Global Investments
July 03, 2025  |  Consumer Finance

JPMorgan Chase reportedly reorganized its private bank and named a global head of the bank, which is a new role. Get the Full Story Complete the form...

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Wall Street Moves On-Chain as Tokenization of US Stocks Goes Global
Wall Street Moves On-Chain as Tokenization of US Stocks Goes Global
July 03, 2025  |  Blockchain

One of the overarching themes of 2025, outside of its notable levels of uncertainty, is the convergence of traditional finance (TradFi) and crypto markets. Get...

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