PYMNTS News

Lawmakers Want More Information From Banks About Zelle Payments
Lawmakers Want More Information From Banks About Zelle Payments
July 03, 2025  |  Fraud Prevention

Three members of Congress said Thursday (July 3) that they sent a letter to each of the banks that own the Zelle peer-to-peer (P2P) payment...

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AI Models and Tools: OpenAI Enables Creation of Shopify AI Assistants
AI Models and Tools: OpenAI Enables Creation of Shopify AI Assistants
July 03, 2025  |  artificial intelligence

OpenAI unveiled a way for retailers to create artificial intelligence (AI) shopping assistants in Shopify, according to a post on X. Get the Full Story...

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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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