PYMNTS News

Labor Dept Reports Initial Jobless Claims Drop by 10K
Labor Dept Reports Initial Jobless Claims Drop by 10K
May 16, 2024  |  Economy

The number of initial claims for unemployment insurance dropped by 10,000 during the week ended Saturday (May 11), reversing about half of the increase that...

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Supreme Court Ruling on CFPB Paves Path for Open Banking
Supreme Court Ruling on CFPB Paves Path for Open Banking
May 16, 2024  |  CFPB

Reading the Thursday (May 16) Supreme Court ruling upholding the constitutionality of the Consumer Financial Protection Bureau’s funding mechanisms — and ensuring the agency’s survival — takes one through centuries of...

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Dwolla and Visa Partner on Account Verification for Pay-by-Bank
Dwolla and Visa Partner on Account Verification for Pay-by-Bank
May 16, 2024  |  B2B Payments

Dwolla and Visa have partnered to make it easier for mid- to enterprise-size businesses to use pay-by-bank to pay and get paid. Get the Full...

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AI Money: Earnings Reports Show a Tech Firm Bonanza
AI Money: Earnings Reports Show a Tech Firm Bonanza
May 16, 2024  |  artificial intelligence

Tech companies are cashing in on the artificial intelligence (AI) boom, with first-quarter results showing surging demand for everything from voice assistants to cloud computing....

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Yendo Raises $165 Million for ‘Vehicle-Secured’ Credit Card
Yendo Raises $165 Million for ‘Vehicle-Secured’ Credit Card
May 16, 2024  |  Investments

Yendo, a FinTech offering a credit card tied to users’ car equity, is $165 million richer. Get the Full Story Complete the form to unlock...

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Visa and SKUx Team to Promote Digital Consumer Payments
Visa and SKUx Team to Promote Digital Consumer Payments
May 16, 2024  |  Digital Payments

Visa has launched a collaboration with digital payments company SKUx. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Lawmakers Urge Regulators to Make Financial Data More Accessible
Lawmakers Urge Regulators to Make Financial Data More Accessible
May 16, 2024  |  Regulation

Members of Congress from both houses and both parties sent a letter Tuesday (May 14) to the heads of eight federal financial regulatory agencies, urging them to implement the Financial...

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Mytheresa: The Aspirational Luxury Shopper Is Coming Back
Mytheresa: The Aspirational Luxury Shopper Is Coming Back
May 16, 2024  |  Earnings

After years of financial challenges (and consequent consumer cutbacks) prompting luxury merchants to focus more on shoppers with plenty of cash to burn, it seems...

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Mastercard and Salesforce Team to Resolve Transaction Disputes
Mastercard and Salesforce Team to Resolve Transaction Disputes
May 16, 2024  |  Partnerships

Mastercard and Salesforce have announced an integration designed to reduce purchase disputes and chargebacks. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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