Новости за 10.12.2024

Returns company Loop has acquired customer experience platform Wonderment. The deal, announced Tuesday (Dec. 10) gives merchants access to real-time shipment insights, predictive carrier analytics, and streamlined returns processes — all from a single interface built by Shopify veterans with knowledge of that company’s system. “By joining forces with Wonderment, we’re taking a significant step […]

Student loan assistance FinTech Paidly is expanding its platform following a new funding round. The Series A round — no dollar amount was given — came in the form of an investment from S30Build, Paidly said in a news release provided to PYMNTS Tuesday (Dec. 10). “This funding equips us to further support employers and […]

Who will become Latin America’s dominant digital banking force, MercadoLibre or Nubank? It’s a question posed Tuesday (Dec. 10) in a report by Bloomberg News, which noted that MercadoLibre — which has its roots in the eCommerce world — is increasingly seeking the same turf as Nubank. According to the report, the leaders of these […]

A wave of funding rounds over the past several months is giving challenger banks fresh financial firepower to position themselves as alternatives to traditional banks, mainstays of financial services that have been around for decades — even centuries. While these digitally focused challengers promise to bring financial services and products to just about anyone who […]

When it comes to fraud prevention, sharing is caring for financial institutions. News broke this month that a cybercriminal gang using Airbnb rentals as mini call centers for a years-long run of bank fraud and phishing campaigns across Europe was apprehended. The incident shows that companies within security-critical sectors like banking and payments are wising […]

A lawsuit in the United Kingdom alleges that the country’s Financial Conduct Authority (FCA) unfairly “shut out” some small businesses when compensating customers who were mis-sold interest rate hedges between 2001 and 2011. The lawsuit centers on an agreement formed by the FCA’s predecessor, the Financial Services Authority, in which nine banks compensated thousands of […]

Amazon is reportedly testing 15-minute-or-less grocery deliveries as it takes on Walmart in India. The eCommerce giant is joining a wave of “quick commerce” companies promising super-fast deliveries of products such as groceries and electronics in India, Reuters reported Tuesday (Dec. 10). Amazon hopes to focus on implementing a program “to offer the largest selection […]

Small business owners in the United States are more optimistic following an almost three-year stretch of uncertainty. That’s according to the National Federation of Independent Business (NFIB), which released its latest edition of the Small Business Optimism Index Tuesday (Dec. 10). The index showed an eight-point jump in November to 101.7, following 34 months of […]

The days of chief financial officers and treasury teams being tethered to desktops or waiting for approvals via email are over. By the end of 2024, Bank of America’s corporate clients will have made over $1 trillion in payment approvals on the bank’s CashPro App, the financial giant said Tuesday (Dec. 10). The announcement shows […]

Deutsche Bank is now Crypto.com’s corporate banking provider in Singapore, Australia and Hong Kong. The partnership is expected to involve additional banking support and coverage in new countries as the collaboration evolves, according to a Tuesday (Dec. 10) press release. “This is a momentous relationship for us and further highlights our commitment to security and […]

“Never take your eyes off the cash flow because it’s the lifeblood of business,” British businessman Richard Branson has been quoted as stating. And the sentiment rings true no matter the business, and no matter the vertical in which it operates.  That’s especially true for Growth Corporates, defined as companies with $50 million to $1 […]

As digital transactions play a role in the financial landscape, financial institutions invest heavily in fraud prevention tools. Efforts to combat fraud in routine digital payments have been successful, but a new challenge has emerged in the form of social engineering scams. According to the PYMNTS Intelligence report “The State of Fraud and Financial Crime […]

Spotify has pulled the plug on Car Thing, its hardware product that allowed users to control the company’s streaming service through car speakers when connected to a phone by using both voice recognition and preset buttons. “Car Thing is discontinued and no longer operational,” the company said in a notice on the Car Thing website. […]

Intuit’s QuickBooks will become Amazon’s preferred partner for financial management solutions integrated directly into its site, where Amazon sellers manage their businesses. When integrated into Amazon Seller Central, QuickBooks will help these sellers manage their finances, stay compliant, access capital and grow their business, the companies said in a Monday (Dec. 9) press release. The […]

The Consumer Bankers Association (CBA) said Monday (Dec. 9) that the incoming Trump administration and new Congress present opportunities to reverse the Consumer Financial Protection Bureau’s (CFPB) “radical pendulum shift.” The association said this in a letter dated Monday, addressed to the chairman and the ranking member of the Senate Banking Committee, and sent ahead […]

The biggest tech show in the world, CES 2025 next month in Las Vegas, is landing squarely on the connected economy next month with innovations expected in connected homes, digital health, and mobility leading the charge. “AI [artificial intelligence] has to be one of the big headlines,” Consumer Technology Association CEO Gary Shapiro said. “AI […]

Non-bank financial institutions like pension funds, insurance companies, hedge funds and money market funds could present risks to financial stability as their role in the financial system grows, Dave Ramsden, deputy governor, markets and banking at the Bank of England, said Monday (Dec. 9). In a speech given at the Official Monetary and Financial Institutions […]

An efficient business-to-business (B2B) procurement process can separate the wheat from the chaff. Procurement has the potential to become a strategic lever for value creation and protection, going beyond traditional cost, quality and delivery metrics. With the news that Feenix.ai has integrated with Buy with AWS, offering custom storefronts for streamlined software procurement, simplifying AWS […]

The passwordless future has long been promised, but has long been just over the horizon — remaining more an aspiration than a reality. Passwords, after all, are sticky. We’ve used them for decades, augmented by security questions drawing upon moms’ maiden names, the color of our cars, the first concert we ever attended. Then there’s […]

The Federal Trade Commission (FTC) said Monday (Dec. 9) that at its request, a federal court halted and froze the assets of the operators of a scheme that allegedly bilked student loan borrowers while pretending to be affiliated with the Department of Education. In response to the FTC’s complaint against Nevada-based Superior Servicing and its […]

AMP is giving recycling a robotic makeover.   The Colorado-based company just raised $91 million to expand its artificial intelligence (AI)-powered recycling operations, where robots with advanced vision systems sort trash faster and more accurately than humans. As the recycling industry grapples with rising costs and stricter contamination standards, AMP’s technology promises to streamline operations and […]

The Federal Trade Commission (FTC) has begun sending over $72 million in refunds to consumers as part of a December 2022 settlement with Epic Games. The settlement resolved the FTC’s allegations that the Epic Games tricked consumers into making unwanted purchases, the regulator said in a Monday (Dec. 9) press release. The FTC sent 629,344 […]

Banks rely on core tech to handle the basics: transactions, deposits, loans and more. But the kicker is that most of these systems were built decades ago. As in 1980, not 2010. Back then, “digital transformation” through the lens of a financial institution (FI) meant upgrading from a typewriter to a green-screened PC. But with […]

The Royal Bank of Canada (RBC) launched an online, multicurrency international trading offering. RBC Direct Investing provides the service, making it the only bank-owned online brokerage in Canada to offer this capability, according to a Thursday (Dec. 5) press release. “All our self-directed investors already have the strength of three powerful trading platforms, plus extensive […]