Today on PYMNTS

B2B Payments
Virtual Cards Close Middle-Market Cash Flow ‘Unpredictability Gap’

Virtual cards are at a tipping point. That’s the sentiment expressed by several finance...

Payments Innovation
Rule 1033 Paves Path to ‘Consumer Empowerment’ in Financial Services

Back in October, the Consumer Financial Protection Bureau (CFPB) made public a new rule about data and...

Opinion
Embedded Data Into Operations Increases Agility

Investments in technology, data science and analytics pay dividends in uncertain times, Rewards Network...

Retail
Sam Ash Closes Stores as Hobbyist Shoppers Turn to Amazon

As Amazon gains share in hobby retail categories, specialty retailers such as Sam Ash are taking a hit....

CBDC
India Proposes CBDC That Can Function Offline

India’s central bank wants its digital currency to be available without internet access. “One...

Data
Data Security Is Top Priority as Payments Enter Zettabyte Era

You’ve probably heard it before, but data is undoubtedly the oil of the 21st...

artificial intelligence
Report: Microsoft Working on ‘Far Larger’ In-House AI Model

Microsoft is reportedly working on a new, in-house artificial intelligence (AI) model that is “far larger”...

CBDC
ECB Official: Central Banks Must ‘Speed Up’ CBDC Adoption

Bundesbank’s president said central banks must speed the adoption of digital currency to remain...

Loans
Only Half of Consumers Globally Are Satisfied With Embedded Lending...

Embedded lending tools enable potential borrowers to apply for credit directly from the merchant...

Cryptocurrency
Robinhood Crypto Target of Potential SEC Enforcement

Robinhood’s cryptocurrency business could become the target of regulatory action. The trading platform said Monday...

Partnerships
PNC and TCW Partner on Loans to Middle Market Companies

The PNC Financial Services Group and the TCW Group have formalized and expanded their partnership...

artificial intelligence
AI Explained: Large Language Models May Transform Industries 

Large language models, or LLMs, have emerged as pivotal forces in artificial intelligence.  These models,...

Cryptocurrency
Vodafone is Bringing Crypto Payments to SIM Card-Based Mobile Wallets

Phone, keys, wallet. That’s the daily routine that tens of millions  if not billions...

Partnerships
Accenture and Oracle Partner on Generative AI for Finance Teams

Accenture and Oracle expanded their partnership to help clients accelerate their adoption of generative artificial intelligence in...

Mobile Wallets
Alipay+ Looks to Expand as eWallet Use Grows

China’s Ant Group is reportedly looking to expand use of its payments product Alipay+. “What we...

Retail
US Consumers Demand Shoppable Video Content Directly From Brands

As commerce and entertainment become increasingly intertwined, high-intent consumers are still turning to brands’ and retailers’...

SMBs
US Small Businesses See Drop in Failure Risk Compared to...

Despite news about rising inflation and stalled interest rates, recent PYMNTS Intelligence data confirms...

Bank Regulation
Banking Regulators’ Guide to Third-Party Risk Management Spotlights Community Banks’...

The rise of open banking and FinTechs is changing the fabric of financial services....

CBDC
Swiss National Bank Says Wholesale CBDC Eliminates Barriers in Financial...

The Swiss National Bank (SNB) is conducting a pilot project that has used wholesale central bank...

Retail
Target Expanding Private-Label Offerings to Other Stores

Shoppers might soon spot Target’s private-label brands at stores other than Target. Christina Hennington, the company’s...

Personnel
TerraPay Names Western Union Vet Hassan Chatlia Head of Network

TerraPay has named former Western Union executive Hassan Chatlia to a new leadership role. Chatlia will serve as vice...

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