What’s Hot

Follow the popular trending news, topics, and video on PYMNTS.com
IPO Market Recovery Could ‘Take Some Time’
IPO Market Recovery Could ‘Take Some Time’
February 04, 2024  |  IPO

So far, 2024 has been something of a mixed bag for high-profile IPOs. The initial public offering (IPO) market flagged in 2022 and 2023, and...

READ MORE >
Apple’s Changes in Royalties Strike Sour Note With Indie Labels
Apple’s Changes in Royalties Strike Sour Note With Indie Labels
February 04, 2024  |  Apple

Apple’s plans to pay more for songs produced with higher-quality audio are causing discord among some artists. That’s according to a report Friday (Feb. 2)...

READ MORE >
Report: Paytm Rebuts Money Laundering Claims Amid RBI Probe
Report: Paytm Rebuts Money Laundering Claims Amid RBI Probe
February 04, 2024  |  Bank Regulation

India’s banking regulator has reportedly found thousands of Paytm Payments Bank accounts created without proper identification. The Reserve Bank of India (RBI) has turned this information...

READ MORE >
Cake Files for Bankruptcy, Joining Other Troubled eMobility Firms
Cake Files for Bankruptcy, Joining Other Troubled eMobility Firms
February 02, 2024  |  Transportation

Swedish electric motorcycle startup Cake has reportedly filed for bankruptcy. Cake CEO Stefan Ytterborn did not comment on next steps, TechCruch reported Friday (Feb. 2). The company was in the midst...

READ MORE >
LendingClub Completes Standard Operating Agreement for New Bank
LendingClub Completes Standard Operating Agreement for New Bank
February 02, 2024  |  Digital Banking

LendingClub exited the standard operating agreement for a new bank with the Office of the Comptroller of the Currency, having met all the requirements noted...

READ MORE >
Report: Identity Theft Indictments Include Conspirators in $400 Million FTX Hack
Report: Identity Theft Indictments Include Conspirators in $400 Million FTX Hack
February 02, 2024  |  Security & Fraud

Three individuals have been indicted for their involvement in an identity theft conspiracy, which reportedly included a $400 million hack of cryptocurrency exchange FTX. The...

READ MORE >
Lawmakers Say FDIC Has ‘Moved Backwards on Innovation’
Lawmakers Say FDIC Has ‘Moved Backwards on Innovation’
February 02, 2024  |  Innovation

Three members of Congress have asked the Federal Deposit Insurance Corp. (FDIC) for information about how it will provide regulatory guidance for FinTech firms and other financial...

READ MORE >
Consumer Sentiment Improves 13% to Reach Highest Level Since July 2021
Consumer Sentiment Improves 13% to Reach Highest Level Since July 2021
February 02, 2024  |  Economy

Consumer sentiment has reached its highest level since July 2021, with consumers expecting improvements in both inflation and personal incomes. The index reached this level...

READ MORE >
Paytm Vows to Keep Digital Wallet Working Amid Regulatory Challenges
Paytm Vows to Keep Digital Wallet Working Amid Regulatory Challenges
February 02, 2024  |  Regulation

Paytm, an India-based digital payments firm, is facing uncertainty regarding its license as the Reserve Bank of India ordered it to stop accepting deposits after...

READ MORE >