Новости за 05.12.2024

Amid ongoing economic pressures, Dollar General is refining its approach to better serve its financially constrained customers, CEO Todd Vasos said Thursday (Dec. 5) during the company’s third-quarter earnings call. “Customers continue to face significant pressure and are less able to stretch their budgets at the end of the month and that’s having an impact on […]

In the B2B world, where deal sizes can soar into the millions, financial relationships are anything but straightforward. This makes B2B payments acceptance a complex terrain of both challenges and opportunities. By 2030, the B2B payments market size is projected to hit north of $170 trillion. But unlike their consumer-facing counterparts, B2B payments lack a […]

The FTC is sending almost $500,000 in payments to consumers it says were harmed by Vivint Smart Homes. According to a Wednesday (Dec. 4) news release, the Federal Trade Commission (FTC) alleges that the home security company misused credit reports to get “unqualified customers” financing for Vivint’s products and services. The regulator had filed a complaint against Vivint in […]

For all transactions — but especially for high-value commercial payments — speed is always a consideration, alongside the costs of those transactions, as well as security concerns. With new, higher limits on real-time payments, the choice to move away from batch processes to settlement in seconds begs the question as to what will happen to […]

Uber is expanding its partnership with restaurant technology platform Toast. The new integration between Toast Delivery Services and Uber Direct lets U.S. restaurants save on delivery fees and expand their delivery radius, while using Uber’s delivery network to provide local delivery on phone orders and ones made via Toast digital ordering channels, the companies said in a Thursday (Dec. […]

Bitcoin’s price has exceeded $100,000 for the first time, a milestone for the digital currency. The world’s most popular cryptocurrency was at a little over $103,000 Thursday (Dec. 5) morning, one day after President-elect Donald Trump said he would nominate a crypto advocate to lead the Securities and Exchange Commission (SEC). As chair of the commission, Paul […]

President-elect Donald Trump has chosen Fiserv CEO Frank Bisignano to oversee the Social Security Administration. The incoming president announced his pick on his Truth Social platform Wednesday (Dec. 4) evening, tapping the FinTech/payments company executive to oversee the country’s largest federal program. “I am very pleased to nominate Frank Bisignano to serve as the Commissioner […]

This holiday season, consumers want it their way. And when it comes to the payments that fuel seasonal commerce, their way is fast, secure and flexible. Alternative payment methods (APMs), honed over the past decade by consumer expectations and rapid technological advancements, are helping meet these dynamic new needs. Streamlining payment processes is crucial in […]

Credit card fraud is a rising concern for American consumers, with nearly 1 in 3 reporting fraudulent charges in the past year. As incidents of fraud increase, so does consumer anxiety, with 37% of individuals expressing heightened worry. A PYMNTS Intelligence report, “Credit Card Fears Can Drive Consumers to Switch Banks,” in collaboration with i2c, […]

If banks can’t give their customers the financial services they want or the experiences they expect, those customers will go and look for them elsewhere. In an increasingly digital-first economy, community banks and credit unions, often overshadowed by their larger counterparts, are increasingly turning to digital platforms to modernize their operations and meet the growing […]

Chinese hacking group Salt Typhoon reportedly has stolen the call record metadata of a “large number” of Americans. The metadata was taken in a broad and ongoing attack on America’s telecommunications infrastructure, Reuters reported Wednesday (Dec. 4), citing an unnamed senior U.S. official. Speaking during a press call, the official said that the hackers have […]

ValidiFI and DigiFi have partnered to provide lenders with automated, streamlined credit decisioning. In a new strategic integration, ValidiFI’s credit risk solutions will be added to DigiFi’s automated digital lending platform, the companies said in a Wednesday (Dec. 4) press release. “We are excited to add ValidiFI as a valuable partner to our platform,” DigiFi […]

SentinelOne’s artificial intelligence (AI)-powered Purple security suite has doubled its market reach, now protecting twice as many devices compared to last quarter. The company announced Wednesday (Dec. 4) that Purple AI has become its fastest-growing product as it bolsters its AI capabilities against emerging cyberthreats. “GenAI for security use cases is a force multiplier for […]

Briefcase has raised $3 million in a seed round to grow its artificial intelligence (AI) bookkeeping and accounting automation platform. The company will use the funding to hire engineers and product experts to serve its early adopters and onboard new customers, Briefcase said in a Wednesday (Dec. 4) post on LinkedIn. Briefcase’s AI-native platform delivers […]

In the evolving world of financial services, the growing imperative to modernize infrastructure has created a fertile ground for innovation. That fertile ground has also created a crowded marketplace of vendors, providers and third parties. “Vendor consolidation is a key consideration for many of the institutions that we speak with,” said Pierre Naudé, chairman and […]

PYMNTS Intelligence, through the last several months, has taken stock of where consumers are spending, and how they contend with inflation. Among their strategies has been a willingness to trade down, to buy cheaper goods that may be a bit of a tradeoff in quality, but in the end means consumers are not going completely without […]

European financial firms lag in artificial intelligence (AI) adoption just as U.S. lawmakers move to boost AI oversight in banking and healthcare, with a new House resolution targeting AI in finance, and California’s healthcare AI law drawing congressional attention as a potential national model. The flurry of activity comes as EY reports only 9% of […]

ChatGPT now has 300 million weekly active users, OpenAI said Wednesday (Dec. 4). The company also said in a post on X that 1 billion user messages are sent on the artificial intelligence (AI) chatbot every day and that 1.3 million developers have built on OpenAI in the United States. Fresh numbers shared by @sama earlier today: 300M […]

The Federal Trade Commission (FTC) filed a complaint alleging that building services contractor Guardian Service Industries enforces a no-hire agreement and ordering it to stop doing so. In its complaint, the regulator alleges that Guardian includes no-hire agreements in its customer service agreements with residential building owners, prohibiting them and Guardian’s competitors from hiring Guardian’s employees, the FTC […]

The Consumer Financial Protection Bureau (CFPB) has taken action to permanently ban Student Loan Pro and its owner, Judith Noh, from offering or providing consumer financial products, alleging that they violated federal law by requesting and receiving advance fees for debt-relief services. The regulator filed a proposed stipulated judgment and order that, if entered by […]

QuickBooks maker Intuit has launched a collaboration with Dutch payments firm Adyen. The partnership is designed to help small and medium-sized businesses (SMB) in the U.K. more easily manage electronic payments, Adyen said in a Wednesday (Dec. 4) news release. The companies plan to initially integrate Adyen’s embedded payment services into Intuit’s business platform through QuickBooks Online […]

Digital gift card platform On Me has launched a five-year partnership with Mastercard. The company announced the collaboration Wednesday (Dec. 4), along with the news that it had raised $1.7 million in pre-seed funding, money it will use to expand its retailer partnerships. “Advancing the industry from magnetic swipe technology pioneered in the 1980s to […]