News

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

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CrowdStrike CEO Updates Solutions to Global Microsoft Outage
CrowdStrike CEO Updates Solutions to Global Microsoft Outage
July 19, 2024  |  Connected Economy

The outage that continued to snarl systems from airports to stock exchanges Friday morning started when it struck users of Microsoft’s Windows operating system late...

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AI Sparks a Creative Revolution in Business, With an Unexpected Twist
AI Sparks a Creative Revolution in Business, With an Unexpected Twist
July 19, 2024  |  artificial intelligence

In the race to harness artificial intelligence (AI), businesses are discovering an unexpected wrinkle: AI that sparks individual brilliance may be flattening the creative landscape....

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CFPB Targets Tipping Model Used by Serena Williams-Backed SoLo Funds
CFPB Targets Tipping Model Used by Serena Williams-Backed SoLo Funds
July 19, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is intensifying its scrutiny of SoLo Funds, a lending startup backed by tennis star Serena Williams. The CFPB has...

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It’s the Network, Not the Rail: Ingo Payments’ Edwards Reflects on FedNow’s First Year
It’s the Network, Not the Rail: Ingo Payments’ Edwards Reflects on FedNow’s First Year
July 19, 2024  |  Real-Time Payments

Anniversaries are a time to reflect, evaluate and to anticipate what lies ahead. And so it is with the FedNow® Service, which celebrates a year...

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Beyond the Bank: Bank of America’s Strategic Shift to FinTech Collaboration
Beyond the Bank: Bank of America’s Strategic Shift to FinTech Collaboration
July 19, 2024  |  Partnerships

In a business landscape that moves fast, standing still can be fatal. Digital innovation has sharpened the knife of inertia, and the collaboration between traditional...

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Amazon’s Prime Day Leaves Walmart+ Deal Days in Summer Haze
Amazon’s Prime Day Leaves Walmart+ Deal Days in Summer Haze
July 19, 2024  |  Retail

As Amazon and Walmart compete to win consumers’ retail spending, it seems the former may have had more success with its summer deals event than...

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Intellicheck CEO: Fraudsters Using AT&T’s Call Log Breach to Build Consumer Profiles
Intellicheck CEO: Fraudsters Using AT&T’s Call Log Breach to Build Consumer Profiles
July 19, 2024  |  Security & Fraud

The right customer data, in the right hands, can have a transformative impact on businesses. But in the wrong hands, the same sensitive information can...

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FinTech IPO Index Up 3.8% as Lemonade Surges on UK Expansion
FinTech IPO Index Up 3.8% as Lemonade Surges on UK Expansion
July 19, 2024  |  Fintech Investments

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...

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Japan’s Boomers and Seniors Don’t Like Digital. Why That’s a Problem.
Japan’s Boomers and Seniors Don’t Like Digital. Why That’s a Problem.
July 19, 2024  |  Connected Economy

In the Land of the Rising Sun, where tradition meets technology, Japan is navigating a digital crossroads. Despite pioneering 3G technology and boasting a vibrant...

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