PYMNTS News

Netflix Reduces Availability of Lowest Priced Ad-Free Plan
Netflix Reduces Availability of Lowest Priced Ad-Free Plan
July 19, 2023  |  Streaming

Netflix has dropped its cheapest monthly plan that doesn’t include ads. The streaming giant’s $9.99 Basic plan is no longer available for new customers in...

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Zelis and Rectangle Health Team to Streamline Medical Payments
Zelis and Rectangle Health Team to Streamline Medical Payments
July 19, 2023  |  Healthcare

A pair of health-focused FinTechs say their new tool drastically reduces processing times for medical payments. Zelis and Rectangle Health announced their solution for healthcare and dental practices...

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Schnucks Taps Instacart’s Smart Carts as Self-Service Expands
Schnucks Taps Instacart’s Smart Carts as Self-Service Expands
July 19, 2023  |  Technology

As grocers look to meet consumers’ demand for self-service options — and cut their labor costs in the process — Schnucks is gearing up to...

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Nasdaq Halts Plans for US Digital Asset Custodian Business
Nasdaq Halts Plans for US Digital Asset Custodian Business
July 19, 2023  |  Cryptocurrency

Nasdaq has halted its planned launch of a U.S. digital asset custodian business, citing the shifting business and regulatory environment. At the same time, the company...

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Citi Debuts Working Capital Loans for Commercial Clients
Citi Debuts Working Capital Loans for Commercial Clients
July 19, 2023  |  Loans

Citi says it wants to help its commercial banking clients meet their working capital needs. The banking giant on Wednesday (July 19) announced the launch...

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ACI Worldwide and Dock Bring ‘Acquiring-as-a-Service’ to Brazil
ACI Worldwide and Dock Bring ‘Acquiring-as-a-Service’ to Brazil
July 19, 2023  |  Partnerships

ACI Worldwide says it wants to bring “Acquiring-as-a-Service” to the Brazilian market. To that end, the real-time payments software company has teamed with Dock, a...

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Fed Fines Deutsche Bank $186 Million for ‘Insufficient Remedial Progress’
Fed Fines Deutsche Bank $186 Million for ‘Insufficient Remedial Progress’
July 19, 2023  |  Bank Regulation

The Federal Reserve has fined Deutsche Bank $186 million, saying it has made “insufficient remedial progress” on earlier consent orders around sanctions compliance and anti-money...

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As Goldman Retreats From Retail, Consumer Loan Charge-Offs Hit 5.8%
As Goldman Retreats From Retail, Consumer Loan Charge-Offs Hit 5.8%
July 19, 2023  |  Earnings

Goldman Sachs’ retreat from Main Street banking continues — and the second quarter results showed the lingering impact. While Wall Street may be parsing the...

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Meta Sharpens AI Strategy as Tech Giants Crowd Marketplace
Meta Sharpens AI Strategy as Tech Giants Crowd Marketplace
July 19, 2023  |  artificial intelligence

The generative artificial intelligence (AI) landscape is getting crowded. And some of the world’s biggest technology companies are starting to jostle for elbow room. This,...

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