PYMNTS News

UK’s CMA Launches Antitrust Probe Into Alphabet’s $2 Billion Partnership With Anthropic
UK’s CMA Launches Antitrust Probe Into Alphabet’s $2 Billion Partnership With Anthropic
October 24, 2024  |  ANTITRUST

The U.K.’s Competition and Markets Authority (CMA), which is in charge of antitrust regulation, is investigating a partnership between tech giant Alphabet and artificial intelligence...

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Shoplazza and Sezzle Partner to Offer BNPL Options to Merchants
Shoplazza and Sezzle Partner to Offer BNPL Options to Merchants
October 24, 2024  |  Buy Now Pay Later

Shoplazza merchants doing business in the United States will be able to offer buy now, pay later (BNPL) options through Sezzle. This offering follows a...

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Federal Reserve Enforcement Action Flags Deficiencies at UniBank
Federal Reserve Enforcement Action Flags Deficiencies at UniBank
October 24, 2024  |  Bank Regulation

Washington-based UniBank and its parent company U&I Financial have agreed to measures to be taken under an enforcement action issued Thursday (Oct. 24) by the...

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Fed’s Beige Book Finds Mixed Consumer Spending Amid ‘Elevated Uncertainty’
Fed’s Beige Book Finds Mixed Consumer Spending Amid ‘Elevated Uncertainty’
October 24, 2024  |  Economy

The Federal Reserve’s Beige Book — released eight times a year, with the latest report debuting Wednesday (Oct. 23) afternoon — offers up a qualitative...

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Socure to Create ‘Single View of Identity’ With Effectiv Acquisition
Socure to Create ‘Single View of Identity’ With Effectiv Acquisition
October 24, 2024  |  Acquisitions

Socure plans to acquire Effectiv to create a unified identity, fraud and risk decision engine and offer its partners a “single view of identity.” The...

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WEX: Navigating Near-Term Headwinds While Investing in Digital Growth
WEX: Navigating Near-Term Headwinds While Investing in Digital Growth
October 24, 2024  |  Earnings

The contemporary operating landscape is increasingly defined by both resilience and vulnerability. These two themes were central to WEX Inc.’s third-quarter 2024 earnings call on...

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Insured Unemployment Reaches Highest Level in 3 Years
Insured Unemployment Reaches Highest Level in 3 Years
October 24, 2024  |  Economy

The number of initial claims for unemployment insurance dropped, but insured unemployment reached its highest level in about three years, the Department of Labor said...

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Healthcare Call Firm Infinitus Systems and Content Marketplace TollBit Net AI Funding
Healthcare Call Firm Infinitus Systems and Content Marketplace TollBit Net AI Funding
October 24, 2024  |  artificial intelligence

In a flurry of funding announcements, Infinitus Systems secured $51.5 million to automate healthcare calls, TollBit raised $24 million to help publishers monetize artificial intelligence...

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Western Union to Acquire Dash Mobile Wallet From Singtel
Western Union to Acquire Dash Mobile Wallet From Singtel
October 24, 2024  |  Acquisitions

Western Union plans to acquire Dash, a mobile wallet in Singapore that has more than 1.4 million users. The company and Dash owner Singtel signed...

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