News

Investments
Citi Invests in Mortgage Infrastructure Provider Pylon
November 26, 2024

Citi made a minority investment in mortgage infrastructure provider Pylon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Regulation
FTC: Evolv Oversold Abilities of AI-Powered Weapon Detector
November 26, 2024

The FTC has accused Evolv Technologies of overstating the capabilities of its in-school weapons-detection system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Retail
Ross, TJX and Gap Pivot as Consumer Spending Shift Poses Challenges
November 26, 2024

As consumers remain cautious with their spending amid ongoing economic pressures, leading retail companies encountered a mixed landscape in the third quarter. Ross Stores, TJX Companies and Gap reported varying results, with some challenges tied to shifting consumer behaviors and signs of resilience in the off-price...

Cross-border Payments
dLocal Becomes Certified Payment Initiation Service Provider in Brazil
November 26, 2024

Cross-border payment platform dLocal can now facilitate Pix payments directly within the Open Finance ecosystem, without redirecting users to bank apps. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Banking
Deutsche Bank Wins New Business Thanks to Commerzbank Uncertainty
November 26, 2024

Germany’s Deutsche Bank is reportedly benefitting from uncertainty surrounding a possible takeover of rival Commerzbank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Cross Border Commerce
Private Sector Will Pave Path for X-Border Payments Transformation
November 26, 2024

The Treasury Department is pushing for frameworks and international standards for cross-border transactions — because if those foundations are not in place, risks abound. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
Trump Reportedly Weighs Concept of White House AI Czar
November 26, 2024

President-elect Donald Trump could reportedly add an artificial intelligence czar to his new administration. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Investments
Cardless Raises $30 Million to Continue Developing Co-Branded Credit Cards
November 26, 2024

Cardless has raised $30 million in a funding round to support its continued development of co-branded credit card and loyalty products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
HSBC Launches Platform for Managing Domestic and International Business Payments
November 26, 2024

HSBC has launched a platform for managing domestic and international business payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...