July 21, 2024
OCC: Banks Unprepared for Cyberattacks and Other Risks

A U.S. banking regulator has reportedly determined that many lenders aren’t prepared for risks. As Bloomberg News reported Sunday (July 21), a confidential assessment by the Office of the Comptroller...

July 19, 2024
Microsoft Outage Could Produce ‘Insurance Catastrophe’

Insurers reportedly could be facing hundreds or thousands of business interruption claims resulting from the Microsoft outage that began late Thursday (July 18). Economic damages from the event, which crippled industries and...

July 19, 2024
They Said That: Notable Quotables From the Week of July...

This week featured insights from JOOR CEO Kristin Savilia on the necessity of experiential retail for luxury brands, discussions with One Inc CEO Ian Drysdale on the digital shift in...

July 19, 2024
FinTech IPO Index Up 3.8% as Lemonade Surges on UK...

Earnings season has yet to start making headlines and moving stocks in the FinTech IPO Index, but the overall group was up 3.8% through the week, and platforms were the...

July 19, 2024
Here’s Why the Next Doctor Visit Could Be With a...

We exist within an era where technology constantly pushes the boundaries of what is possible. And it doesn’t appear to be stopping any time soon. That’s why PYMNTS sat down...

July 18, 2024
Vermont AG Sues Pharmacy Benefit Managers Over Drug Prices

Vermont’s Attorney General Charity Clark filed a lawsuit on Wednesday against two of the largest U.S. pharmacy benefit managers (PBMs), alleging that they have been inflating prescription drug prices for...

July 18, 2024
AI’s Growing Role in Finance Brings Opportunity and Risk, House...

Artificial intelligence (AI) is set to revolutionize finance and housing, bringing both game-changing benefits and thorny new risks that demand vigilant oversight, a bipartisan House panel has concluded. The House...

July 18, 2024
Auto Plant Closures, Hurricane Drive Increase in Initial Unemployment Claims

The number of initial claims for unemployment insurance increased by 20,000 during the week ended Saturday (July 13), driven by temporary closures of automobile plants and the effects of Hurricane...

July 18, 2024
This Week in B2B: Embedded Payments, Digital Tooling, Small-Business Success

Innovation and competition are constantly reshaping the B2B landscape. The pace of transformation has financial institutions (FIs) and corporations increasingly seeking ways to bring their B2B payments processes up to...