Новости за 11.12.2024

Google reportedly asked the Federal Trade Commission (FTC) to end Microsoft’s exclusive agreement to host OpenAI’s technology on its cloud servers. The company did so after the agency asked it about Microsoft’s business practices as part of a broader investigation, The Information reported Tuesday (Dec. 10), citing an unnamed source. Reached by PYMNTS, the FTC, […]

Featurespace was granted a U.S. patent for its adaptive behavioral analytics technology. This artificial intelligence-powered technology improves fraud detection and prevents real-time scams by learning the behavior of genuine customers through transactional data, without requiring sensitive information, the company said in a Wednesday (Dec. 11) press release. Learning that behavior provides “a baseline from which […]

Innovation within the financial services and payments space tends to center around two poles: FinTechs, and cryptocurrency. In its newly released 2024 annual report, the U.S. Financial Stability Oversight Council (FSOC) took care to illustrate the risks, as well as the potential benefits, of both sectors as they relate to the traditional banking landscape. The […]

Mynt, a spend management solution focused on Nordic small- to medium-sized businesses (SMBs), raised 22 million euros (about $23 million) in a Series B funding round. It will use the capital to fuel its next phase of growth and its planned expansion into the United Kingdom and other European markets, according to a Wednesday (Dec. […]

The CEO of Goldman Sachs is predicting a strong year for dealmaking in 2025. Speaking to Reuters Tuesday (Dec. 10), David Solomon said that dealmaking in equities, mergers and acquisitions in 2025 could surpass 10-year averages. “I think in 2025 we will certainly be at 10-year averages. We might even be ahead of the 10-year […]

Klarna has been fined $50 million in Sweden over faults in its anti-money laundering protections. Sweden’s Financial Supervisory Authority, or FI, announced Wednesday (Dec. 11) that an investigation into the Swedish payments firm’s compliance with anti-money laundering (AML) regulations between April 2021 and the end of March 2022 found several violations. “The anti-money laundering regulations […]

There are more than a few factors tied to success during the holiday season. To put it mildly, the season is as much about stress as it is about giving. Merchants are tallying up the sales at the (virtual) registers as their transaction volumes take off. Shoppers want the best deal as they shop, often […]

During the holiday season, consumer spending is impacted by the availability and visibility of financing options, such as Buy Now, Pay Later (BNPL) plans. A PYMNTS Intelligence Report, Maximizing Holiday Value: The Strategic Value of Early Pay Later Visibility, in collaboration with Splitit, shows how merchants who present these options early in the shopping process […]

As companies mull updates to their payments processes, the changes required to automate and digitize those (sometimes) analog interactions can prove daunting — and costly. The movement toward frictionless commerce is a big undertaking, just as it was before the pandemic forced us all to shift to digital channels. But by focusing on outcomes rather […]

Stitch Fix, the online personal styling service, began its fiscal year 2025 with a clear vision to reinvigorate its business and return to growth by the end of FY 2026. Despite some challenges in its first-quarter financial performance, CEO Matt Baer said the company is making strategic moves to strengthen its market position by elevating client […]

Late last week, a federal judge upheld an order blocking a cap on credit card late fees, as PYMNTS reported. But the debate over the fees — their usefulness, whether they should exist at all — is far from over.  For the moment, though,  the move by the Consumer Financial Protection Bureau (CFPB) to cap […]

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned a China-based cybersecurity company and one of its employees, saying they played a role in an April 2020 compromise of about 81,000 firewalls owned by thousands of businesses worldwide. The sanctioned parties are Sichuan Silence Information Technology Company and its employee Guan […]

The Federal Trade Commission (FTC) is sending over $540,000 in refunds to consumers harmed by a debt collection scheme. The refunds follow the FTC’s filing of lawsuits in September 2020 and reaching settlements in March 2021 and December 2021 with National Landmark Logistics and Absolute Financial Services, the regulator said in a Tuesday (Dec. 10) press release. The companies operated […]

Amazon is partnering with automotive dealers and brands to bring the Amazon experience to the car-buying process. As of Tuesday (Dec. 10), with this Amazon Autos offering, shoppers in 48 U.S. cities can buy new Hyundai vehicles from local participating dealers on Amazon, the company said in a Tuesday press release. Amazon Autos plans to […]

Google Cloud and Swift are working together to develop a secure, privacy-preserving solution for financial institutions that use federated learning techniques. Federated learning enables collaborative artificial intelligence (AI) model training without compromising privacy and confidentiality, Google Cloud said in a Tuesday (Dec. 10) blog post. Swift plans to roll out a sandbox with synthetic data in the […]

Apple is looking to expand the texting capabilities of its smartwatches by enabling users to send texts through a satellite connection in 2025. This means that users can communicate with others even when they lack cellular or WiFi connection, according to a Tuesday (Dec. 10) Bloomberg report, which noted that the feature aims to attract […]

Shipping software ShipStation and Adobe Commerce have teamed to offer retailers global shipping options. The expanded partnership builds on ShipStation’s ongoing collaboration with Adobe Commerce, opening ShipStation’s order management and shipping capabilities to Adobe Commerce retailers, the companies said in a Tuesday (Dec. 10) news release. “Shipping is crucial for retailers — it affects customer […]

A federal judge has blocked Kroger’s $24.6 billion acquisition of Albertsons on Tuesday (Dec. 10), citing concerns that the deal would reduce competition in the U.S. grocery market, Bloomberg reported. U.S. District Judge Adrienne Nelson ruled in favor of the Federal Trade Commission (FTC), which had argued that the merger would harm consumers by reducing […]

In an era where department stores are losing their relevance, Macy’s — once a retail giant — finds itself at a crossroads. The 166-year-old company, which has long been a staple in the U.S. shopping landscape, is attempting to steer through a maze of declining sales, shifting consumer behavior and the relentless growth of digital […]

Self-service commerce technology provider Cantaloupe rolled out its new Smart Stores. These stores offer a 24/7 self-service solution for retailers, residential buildings, fitness centers and hotel pantries, according to a Tuesday (Dec. 10) news release. Customers present payment at the point-of-sale (POS) to unlock the unit, select their items, and then complete their purchase by […]

Regal Brands Global reportedly plans to relaunch department store brand Lord & Taylor as a discount luxury eCommerce platform. The new online-only store will be introduced in 2025 and will sell products sourced from distributors and licensed manufacturers, Retail TouchPoints reported Tuesday (Dec. 10), citing a paywalled article by Business of Fashion. The brand also […]

Innovation is continually redefining the parameters of what’s possible in business-to-business (B2B) payments. And across today’s operating landscape, one defined by digital transformation and real-time decision-making, sometimes it’s the smallest innovations in payments that can have an outsize impact. Enter: micropayments. As B2B industries such as manufacturing, logistics, marketplace eCommerce, cross-border facilitation, and more prioritize […]

Walgreens Boots Alliance and Sycamore Partners are reportedly discussing a deal that would see Walgreens sold to the private equity firm. A deal could be completed early next year, although the talks could fall apart first, The Wall Street Journal reported Tuesday (Dec. 10), citing unnamed sources. Reached by PYMNTS, a Walgreens spokesperson said the […]

Several watchdogs and agencies are sharpening their gaze on FinTechs, specifically bank-FinTech relationships and the risks tied to those partnerships. In July, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corp. (FDIC) and the Office of the Comptroller of the Currency (OCC) issued a request for information on those partnerships […]

Meta has launched a pre-holiday anti-scam awareness campaign to keep users safe. “Scammers are persistent and try to trick people in a variety of ways — malicious texts and emails, websites impersonating known brands, posts on social media, visual discovery platforms and discussion forums, and more,” the tech giant wrote on its blog Tuesday (Dec. […]