January 10, 2024
Porch Launches Fraud Warning Product for Title and Escrow Companies

Porch Group has launched a fraud warning product for title and escrow companies. The new RynohVerifi product is designed to help protect against payment fraud by confirming the payee account ownership and...

January 10, 2024
2024: A Pivotal Shift for Instant Payments

PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that have shaped business in 2023....

January 08, 2024
The Eight Pivotal Strategies for Payments and the Digital Economy...

One: Companies monetize certainty as businesses and consumers prize predictability. Two: Shopping shifts from buying to editing as replenishment models change retail dynamics. Three: GenAI becomes a feature, and everything...

January 08, 2024
Jump in Bad Loans Threatens Big Banks’ Earnings

The specter of an increase in bad debt hangs over America’s largest lenders. Banks such as JPMorgan Chase and Wells Fargo will release their earnings in the coming days, and...

January 05, 2024
FinTech IPO Index Soars 55% in 2023 as Platforms Notch...

By any stretch of the imagination, the 55.7% rally in the FinTech IPO Index last year was nothing to sneeze at. And the December surge, at 16.7% … well, that...

January 04, 2024
Truist to Close 3.5% of Branches as Customers Bank Digitally 

Truist Financial will close 3.5% of its branches in March because more clients are choosing to bank with it digitally.  The Charlotte, North Carolina-based bank is making the closures based on...

January 04, 2024
Walmart Debuts ‘Immersive’ Commerce Offering in 3D Games

Walmart launched an “immersive commerce” partnership with 3D technology firm Unity. The collaboration lets Unity developers integrate Walmart’s commerce application programming interfaces (APIs) directly into their games and apps, which in turn...

January 03, 2024
Frontdesk’s Whole-Staff Layoffs Suggest Struggle to Break Through Consumer Inertia

With Frontdesk reportedly laying off its whole staff, it seems that amid ongoing financial challenges, short-term rental models may not present a needed enough solution to push past consumers’ tendency...

January 03, 2024
New DOJ-FTC Merger Guidelines: Opportunities and Strategies for Merging Parties

By Jeremy A. Sandford & Koren W. Wong-Ervin1   On December 18, 2023, the Department of Justice (“DOJ”) and the Federal Trade Commission (“FTC”) jointly released the final version of...