To say it’s been an eventful week for the Consumer Financial Protection Bureau might be an understatement. Last weekend, President Donald Trump fired CFPB Director Rohit Chopra, and then on Monday (Feb. 3) came the news that Treasury Secretary Scott Bessent would take the helm...
FinTech company P2P partnered with FinTech and embedded finance firm Mbanq to launch a digital finance platform for Brazilians in the United States. The P2P app helps users handle their finances in the U.S. and send money to family in Brazil, the companies said in...
Consumers are relying more on shopping apps for personalized shopping experiences. Retailers are trying to meet the growing demand for digital commerce, allowing shoppers to browse and buy products easily from any location. PYMNTS’ Provider Ranking of Shopping Apps offers a comprehensive look at the...
Social media platform X announced Tuesday (Jan. 28) that Visa is its first partner for the X Money Account that will debut later this year. The partnership will allow “secure + instant funding” to an X Wallet via Visa Direct, will connect to the user’s...
January 13, 2025
Digital payments are growing in Latin America as companies like Mercado Libre and TerraPay rapidly advance digital banking and digital wallets in the region. Central bank instant payments mandates and modernized infrastructure in Brazil have also moved the needle to the point where the region is arguably moving faster toward digital transformation than anywhere else […]
December 16, 2024
Big Lots’ Chapter 11 bankruptcy filing and upcoming acquisition by Nexus Capital Management revealed the deep-rooted issues in the company’s business model, particularly its struggle to adapt to the digital age. In...
December 10, 2024
The days of chief financial officers and treasury teams being tethered to desktops or waiting for approvals via email are over. By the end of 2024, Bank of America’s corporate...
December 04, 2024
Despite facing a softer-than-expected retail environment in the third quarter, Foot Locker President and CEO Mary Dillon remains optimistic about the company’s long-term digital strategy, including a new mobile app and...
February 06, 2025
FinTech company P2P partnered with FinTech and embedded finance firm Mbanq to launch a digital finance platform for Brazilians in the United States. The P2P app helps users handle their finances in the U.S. and send money to family in Brazil, the companies said in a Thursday (Feb. 6) press release. The financial services provided […]
January 28, 2025
Social media platform X announced Tuesday (Jan. 28) that Visa is its first partner for the X Money Account that will debut later this year. The partnership will allow “secure...
January 23, 2025
Epic Games will reportedly add third-party games to its marketplace app on Android globally and on Apple iOS in the European Union. “The news is out,” the company said in...
January 02, 2025
KuCoin introduced a solution designed to bring cryptocurrency payments into the retail sector. The digital asset exchange’s KuCoin Pay aims to bridge “ the gap between traditional retail and crypto,...