November 21, 2024
This Week in B2B: Simplicity, Automation and Blockchain (Yes, Blockchain)
The contemporary B2B landscape is being reshaped by a seismic shift toward automation and simplification. Companies are ditching clunky, manual processes in favor of sleek, digital-first solutions that prioritize speed,...
November 21, 2024
Final CFPB Rule Expands Oversight of Big Tech’s Payments Ambitions
The payment ambitions of the largest, marquee names in technology now will come under greater scrutiny at the federal level. A finalized rule from the Consumer Financial Protection Bureau (CFPB),...
November 21, 2024
New AI Agents Take on Management Jobs
A new breed of autonomous artificial intelligence called agents is taking over customer service and operations at major companies, making decisions that, until recently, required human managers. The shift marks...
November 21, 2024
CellPoint Raises $30 Million for Travel Sector Payment Orchestration
Travel-industry-focused payment orchestration firm CellPoint Digital has raised $30 million in new funding. The financing, from Toscafund and Penta Capital, will help speed the launch of CellPoint’s Offer Order Service Delivery (OOSD) payment orchestration platform, created...
November 21, 2024
Note to Retail: Keep Shopping Simple if You Want Consumers...
Simplicity in the omnichannel shopping experience is a concept that’s seen and appreciated by consumers. But as anyone familiar with the infrastructure behind the experience will tell you, it’s not...
November 21, 2024
Back Office Takes Front Row as Firms Automate B2B Payments
Unlike consumer payments, where streamlined experiences reign supreme, business-to-business (B2B) transactions are fragmented and slow-moving. But companies like Finexio are stepping up to transform this complexity with integrated, artificial intelligence...
November 20, 2024
Regulators Tell House Committee They’ll Pause New Banking Rules
There’ll be a moratorium on new banking rules — at least for a bit. A trio of the top financial services industry regulators told the House Financial Services Committee Wednesday...
November 20, 2024
Veteran DOJ Prosecutor Joins Farella Braun + Martel as Partner
Northern California law firm Farella Braun + Martel has announced the addition of Alexis Loeb as a partner in its White Collar Criminal Defense and Internal Corporate Investigations practice, as...
November 20, 2024
OCC’s Hsu Supports Chartering Regime for Nonbanks
Acting Comptroller of the Currency Michael J. Hsu said he supports “federal payments regulation and a chartering regime for nonbanks.” In a written statement on the state of the federal...
With rising FinTech fraud and convincing deepfakes threatening their bottom lines, more than two in three FinTechs plan to expand their budgets to deploy tech that can detect true human liveness, as discussed in the latest PYMNTS “FinTech Tracker®,” a collaboration with Sezzle.
The fight is on. Fraudsters are using more sophisticated tech to scam consumers, but FIs are countering these attacks with their own advanced tools. Will it be enough, though? This year’s edition of “The State of Fraud and Financial Crime in the U.S.” from PYMNTS Intelligence details the dynamic fraud prevention environment. Read it now.