News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

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Galileo Targets Underbanked Consumers With Secured Credit Options
Galileo Targets Underbanked Consumers With Secured Credit Options
September 25, 2024  |  Credit Cards

Galileo Financial Technologies introduced a credit offering aimed at underbanked/underserved consumers. Secured Credit with Dynamic Funding is designed to simplify the secured credit process, making...

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TreviPay Debuts Expansion to Its Dealer Management System
TreviPay Debuts Expansion to Its Dealer Management System
September 25, 2024  |  B2B Payments

TreviPay has introduced enhancements for dealer management systems for commercial equipment dealers servicing fleets. “In addition to providing a smooth onboarding and integration process, TreviPay’s...

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AI Prompt Engineering Helps B2B Firms Find Needle in Data Haystack
AI Prompt Engineering Helps B2B Firms Find Needle in Data Haystack
September 25, 2024  |  B2B Payments

B2B businesses are increasingly looking to artificial intelligence (AI) solutions in support of process excellence. Across marketing, customer success, compliance, payments and beyond, AI innovations...

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DoorDash Commerce Platform Allows Businesses to Create Direct-to-Consumer Channels
DoorDash Commerce Platform Allows Businesses to Create Direct-to-Consumer Channels
September 25, 2024  |  Aggregators

DoorDash has introduced new tools designed to help merchants manage their in-store and online businesses, build their own branded mobile apps and manage their businesses...

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Meta, Klarna and Spotify Join Call for EU Regulations for AI
Meta, Klarna and Spotify Join Call for EU Regulations for AI
September 25, 2024  |  Artificial Intelligence

As European tech leaders urge regulatory clarity to stay competitive in artificial intelligence, New York lawmakers contemplate stricter controls, highlighting the global struggle to balance...

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CFPB’s Chopra: Consumers Need More Disclosure on Nonbank Risks
CFPB’s Chopra: Consumers Need More Disclosure on Nonbank Risks
September 25, 2024  |  Regulation

The Federal Deposit Insurance Corp.’s (FDIC) recent proposal on recordkeeping for bank deposits received from third-party, nonbank companies is a step in the right direction....

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UK’s FCA Proposes That Payments Firms’ Client Assets Be Held on Trust
UK’s FCA Proposes That Payments Firms’ Client Assets Be Held on Trust
September 25, 2024  |  Regulation

The United Kingdom’s Financial Conduct Authority (FCA) proposed requiring payments and eMoney firms to participate in a client assets (CASS) system in which funds and...

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FBI Reportedly Investigating Hone Capital’s Connections to China
FBI Reportedly Investigating Hone Capital’s Connections to China
September 25, 2024  |  Security & Fraud

The FBI is reportedly investigating a Silicon Valley venture capital group’s ties to China. Hone Capital launched with the help of a Chinese private equity...

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Klarna Teams With Xero on BNPL for Small and Microbusinesses
Klarna Teams With Xero on BNPL for Small and Microbusinesses
September 25, 2024  |  Buy Now Pay Later

Klarna and Xero partnered to enable the users of Xero’s small business platform to offer their customers a buy now, pay later (BNPL) option. With...

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