Новости за 07.10.2024

Instacart has added new gamification features to its smart carts, saying they will make grocery shopping “feel like an adventure” and encourage shoppers to earn rewards and credits, earn savings and discover new products. Together with these features, the company has also added location-based coupons and aisle-aware advertising formats to its smart carts, Instacart said […]

Sam’s Club is reportedly preparing to launch its first store without checkout lanes. Scheduled to open in the middle of this month in Texas, the store will require customers to use an app called Scan & Go to ring up items on their smartphones as they shop, CNBC reported Monday (Oct. 7). Where most stores would have cash […]

The Consumer Finance Protection Bureau (CFPB) says it’s taking action against improper automobile repossessions. The regulator on Monday (Oct. 7) released findings in its investigation into illegal practices in the auto finance world, including lenders repossessing cars after they’ve made payments or gotten extensions on their loans. “Borrowing to buy a vehicle is one of […]

Zepz has raised $267 million in a Series F funding round to continue growing its global cross-border remittance solutions, WorldRemit and Sendwave. “The Series F investment will continue to drive our accelerated growth, driven by our mission to serve the financial needs of migrants around the world,” the company said in a Friday (Oct. 4) post on […]

TikTok Shop has teamed with Storfund to offer sellers an embedded cash flow solution. The new offering, dubbed Daily Advance, is the first of its kind in a major U.S. marketplace, according to a Monday (Oct. 7) press release. It will see Storfund — a London-based FinTech providing funding to eCommerce sellers — advance money to merchants as […]

Transformer models are changing how businesses interact with customers, analyze markets and streamline operations by mastering the intricacies of human language. A transformer model is an artificial intelligence that processes and understands language. It works by breaking down text into smaller pieces and analyzing how they relate. Imagine it as a super-smart reader who can […]

Experian Consumer Services has launched a partnership with non-bank lender Oakbrook. The collaboration with the British firm, announced Monday (Oct. 7), will offer debt consolidation loans on the Experian Marketplace, using technology from Experian’s recent partnership with affordability software/payments firm Paylink. “Debt consolidation remains the number one reason customers search for loans with Experian,” the company said in a […]

Digital financial ecosystem MoneyLion adopted a new solution from Plaid that allows consumers to link their bank accounts and get pre-qualified for loans. When consumers share this information, lenders gain cash flow underwriting insights that enable them to offer credit options that are tailored to the consumer and are more competitive, Plaid said in a […]

Scammers based in Southeast Asia took in up to $37 billion in 2023. These groups are still ramping up their efforts in spite of increased law enforcement activity, Bloomberg News reported Monday (Oct. 7), citing a new United Nations (UN) report. “The transnational organized crime threat landscape in Southeast Asia is evolving faster than in any […]

The line from “The Godfather” rings true in the age of digital fraud and stolen identities: It’s not personal; it’s strictly business. A guiding principle of business is diversification. The more diversified one is, the more likely one will see a return on investment. Fraud is a business, and the criminals seek ROI. “We’re not […]

As fraud attempts on businesses continue to rise, accounts payable (AP) departments are facing increased risks from cybercriminals. Nearly all United States companies are experiencing multiple attacks each year. This highlights a paradox: The growing reliance on digital technologies has introduced new and emerging security threats. However, the alternative — relying on manual processes — […]

As digital payment technology evolves, software point-of-sale (SoftPOS) solutions are emerging as a transformative force in payments. With the potential to democratize payment acceptance, SoftPOS is set to revolutionize how merchants — both small and large — conduct transactions. A  PYMNTS Intelligence report, “How SoftPOS Is Poised to Revolutionize Payments,” a collaboration with Discover Global […]

Data, in the right hands, can be a business leader’s magic wand. “Data is our best friend right now,” Jeanniey Walden, the chief marketing officer at Rite Aid, told PYMNTS, noting that following an 11-month period in bankruptcy, Rite Aid has emerged with a refined approach to data-driven decision-making and a greater understanding of how customer […]

We’re approaching the mid-point of the decade — and it’s much more than an interesting calendar event. We’ve seen a complete transformation of payments over the past five years, from the pandemic in 2020 and its digital shift to the current focus on security, account-to-account payments, open banking and aggressive tactics from government regulators worldwide. […]

The CE 100 Index slipped 0.6% as October’s first few days of trading brought investors firmly into the fourth quarter while reversing some of the gains seen in the past few weeks. The continuation of a trend — where Chinese names had led advancing issues through the past several sessions — was not enough to […]

In the 21st-century financial services sector, security is paramount, and threats abound. As sophisticated cyber threats, from deepfakes to cloud vulnerabilities, spread from every corner of the globe, experts debate the best form of authentication. Adam Lowe, Ph.D., chief product and innovation officer at CompoSecure/Arculus, told PYMNTS that the nuances of different authentication methods, particularly […]

This week marks a major change in how U.K. banks and payment firms address fraud. Beginning Monday (Oct. 7), these organizations will be required to reimburse the victims of authorized push payments (APP) up to £85,000 ($111,000). Great Britain’s Payment Systems Regulator (PSR) had called for the reimbursement rules following a surge in APP fraud, […]

U.S. cybersecurity agents have stopped more than 500 ransomware attacks since 2021. That’s according to a report Friday (Oct. 4) by Bloomberg News, citing comments from Mike Prado, deputy assistant director of the Homeland Security Investigations’ (HSI) Cyber Crimes Center, who also noted that those efforts have seized billions of dollars in cryptocurrency. The effort to […]

Coinbase is preparing to delist stablecoins that don’t adhere to European regulations by year’s end. The move, as reported Friday (Oct. 4) by Bloomberg News, comes as the European Union’s Markets in Crypto-Assets Regulation (MiCA) is introducing tougher oversight of cryptocurrency companies. “Given our commitment to compliance, we intend to restrict the provision of services […]