PYMNTS News

DOGE Ordered to Provide Details of Cost-Cutting Efforts
DOGE Ordered to Provide Details of Cost-Cutting Efforts
March 13, 2025  |  Legal

A federal judge wants more information on Elon Musk’s government cost-cutting project. As Reuters reported Thursday (March 13), U.S. District Judge Tanya Chutkan has ordered the Musk-led...

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Revolut Goes On Hiring Spree to Prep ‘Mobilization’ for UK Banking
Revolut Goes On Hiring Spree to Prep ‘Mobilization’ for UK Banking
March 13, 2025  |  Digital-First Banking

Revolut is reportedly hiring 100 new staffers as it prepares to expand its U.K. banking business. The FinTech received its long-awaited British banking license last...

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Why CFOs Considering Stablecoins and Crypto Need a Cybersecurity Strategy
Why CFOs Considering Stablecoins and Crypto Need a Cybersecurity Strategy
March 13, 2025  |  Cybersecurity

Another day, another push by cryptocurrency into mainstream financial services. BNY is reportedly handling additional services for the USDC stablecoin issuer Circle, while in Brazil,...

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OpenAI Calls for Federal Government to Preempt State AI Laws
OpenAI Calls for Federal Government to Preempt State AI Laws
March 13, 2025  |  artificial intelligence

OpenAI has submitted several policy proposals to the White House, saying they will preserve American competitiveness in artificial intelligence (AI). The company’s comments were submitted...

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Consumer Snack Caution Leaves Convenience Stores in a Lurch
Consumer Snack Caution Leaves Convenience Stores in a Lurch
March 13, 2025  |  Economy

For many American consumers, rising prices have rendered cherished convenience store snacks off-limits. And as the Wall Street Journal (WSJ) reported Thursday (March 13), this shift is...

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Trump Picks Michelle Bowman for Fed Supervision Vice Chair
Trump Picks Michelle Bowman for Fed Supervision Vice Chair
March 13, 2025  |  Bank Regulation

Federal Reserve Governor Michelle Bowman has reportedly been tapped to serve as the central bank’s vice-chair of supervision. President Donald Trump plans to nominate Bowman...

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Bilt Rewards Snaps Up Banyan to Deepen Merchant Data and Consumer Insights
Bilt Rewards Snaps Up Banyan to Deepen Merchant Data and Consumer Insights
March 13, 2025  |  Acquisitions

Bilt Rewards, the fast-growing payments and commerce platform known for turning housing payments into loyalty rewards, has made its first acquisition, purchasing item-level receipt data...

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Mews Founder Says It’s Time to Stop Treating Hotel Guests Like a Room Number 
Mews Founder Says It’s Time to Stop Treating Hotel Guests Like a Room Number 
March 13, 2025  |  Travel Payments

The hospitality industry is built on service, but the hotel experience has remained largely unchanged for decades. Guests arrive at a front desk, provide identification,...

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Digital Wallets Are Reinventing Cross-Border Payroll and Compliance
Digital Wallets Are Reinventing Cross-Border Payroll and Compliance
March 13, 2025  |  Payroll

Cross-border payments are the holy grail of global commerce and among its biggest pain points. That cross-border pain, as well as those gains, can be...

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