What’s Hot

Follow the popular trending news, topics, and video on PYMNTS.com
Velera’s Co-op ATM Network Grows With Addition of cPort Credit Union
Velera’s Co-op ATM Network Grows With Addition of cPort Credit Union
May 21, 2024  |  Credit Unions

Maine-based cPort Credit Union has joined the Co-op ATM network offered by Velera, the payments credit union service organization (CUSO) formerly known as PSCU/Co-op Solutions. With the credit union joining the...

READ MORE >
Scale AI Raises $1 Billion at Nearly $14 Billion Value
Scale AI Raises $1 Billion at Nearly $14 Billion Value
May 21, 2024  |  Investments

Scale AI raised $1 billion in a funding round that valued it at $13.8 billion. The company announced the Series F round in a Tuesday (May 21) blog...

READ MORE >
Visa and Mastercard Face Calls for More Transparency in UK
Visa and Mastercard Face Calls for More Transparency in UK
May 21, 2024  |  Credit Cards

The U.K.’s payments watchdog says card giants Visa and Mastercard need to offer greater transparency. The Payment Systems Regulator (PSR) said Tuesday (May 21) that it is proposing that both companies...

READ MORE >
Card Delinquencies Keep Falling as Lending Creeps Up
Card Delinquencies Keep Falling as Lending Creeps Up
May 21, 2024  |  Credit Cards

Credit card delinquencies reportedly fell in April amid signs of improved lending activity. That’s according to a report Monday (May 20) from Seeking Alpha, citing...

READ MORE >
UK Judge Rejects Computer Scientist’s Claim to Be Bitcoin Inventor
UK Judge Rejects Computer Scientist’s Claim to Be Bitcoin Inventor
May 20, 2024  |  Cryptocurrency

A judge at London’s High Court ruled Monday (May 20) that Australian computer scientist Craig Wright lied and forged documents to support his false claim of being...

READ MORE >
Bitcoin Tops $70K as Spot Bitcoin ETFs Draw New Investors
Bitcoin Tops $70K as Spot Bitcoin ETFs Draw New Investors
May 20, 2024  |  Cryptocurrency

Bitcoin topped $70,000 for a time on Monday. At one point, it was $3,931 higher than its previous close and 82.3% higher than its 2024...

READ MORE >
Peloton to Launch Global Refinancing 3 Weeks After Beginning Restructuring
Peloton to Launch Global Refinancing 3 Weeks After Beginning Restructuring
May 20, 2024  |  Fitness

Peloton Interactive plans to launch a global refinancing. The connected fitness company will offer $275 million aggregate principal amount of convertible senior notes due 2029 in...

READ MORE >
CFPB Targeting ‘Lack of Competition’ in Credit Reporting, Credit Scores
CFPB Targeting ‘Lack of Competition’ in Credit Reporting, Credit Scores
May 20, 2024  |  Consumer Finance

The Consumer Financial Protection Bureau (CFPB) is looking to improve “competition, choice and affordability” in credit reporting costs and other mortgage closing costs. In prepared remarks for a speech at a Mortgage...

READ MORE >
Bankruptcy Court Approves Genesis Settlement With NY Attorney General
Bankruptcy Court Approves Genesis Settlement With NY Attorney General
May 20, 2024  |  Cryptocurrency

Cryptocurrency firm Genesis has been banned from operating in New York and will pay a settlement worth $2 billion, the Office of the New York State Attorney General (NYAG) said in...

READ MORE >