February 01, 2024
Report: Paytm Bank Closure Was Result of Conflicts of Interest

For Indian regulators, Paytm Payments Bank was apparently too close with its parent company. The Reserve Bank of India (RBI) this week announced it was suspending business at the bank — an arm of...

February 01, 2024
App Quality Key to Credit Card Choice for More Than...

When choosing a credit card, consumers typically take into account a series of features, such as the interest rate, the possibility of getting reward points from a loyalty program and...

February 01, 2024
Mastercard Says New AI Model Ups Fraud Detection by 20%

Mastercard has introduced a generative artificial intelligence (AI) solution to help prevent fraudulent transactions. The company has upgraded its Decision Intelligence solution to let it “scan an unprecedented one trillion data points to...

February 01, 2024
How AI Is Turning Conversations Into Transactions for Merchants

Artificial intelligence (AI), in the form of predictive algorithms, has been around for a while.  But while its impact has primarily been in the background of workflows, the emergence of...

February 01, 2024
GenAI Can Help Credit Unions Match Payments Innovation to Member...

Vlad Jovanovic, vice president of innovation at PSCU, told PYMNTS that credit unions will gain loyalty as they harness artificial intelligence to forge new use cases and personalized interactions with...

February 01, 2024
56% of eCommerce Firms Lack the Right Tools to Fix...

Imagine a consumer attempting to make a purchase, only to get rejected at checkout. This was not because of money problems or fraud, but due to a false decline. These...

January 31, 2024
Half of Software Sector Marketplaces Cite Operational Upgrades as Top...

Payment facilitators (PayFacs), independent software vendors (ISVs) and marketplaces find themselves in an era where navigating a fiercely competitive eCommerce landscape, filled with interrelated opportunities and challenges, is imperative for...

January 31, 2024
Lawmakers Pitch Savings Accounts That Open at Birth

A group of Democratic lawmakers wants to give every child born in America a savings account. The 401Kids Savings Act, announced Wednesday (Jan. 31), would create children’s savings accounts (CSAs) for...

January 31, 2024
Biometrics Startup Incognia Raises $31 Million for Anti-Fraud Tools

Biometrics startup Incognia has raised $31 million to develop its location identity offerings. The funding, announced in a Wednesday (Jan. 31) press release, will also help the company expand its presence in North America,...