PYMNTS News

Report: Revolut CEO Nikolay Storonsky to Sell Portion of Stake
Report: Revolut CEO Nikolay Storonsky to Sell Portion of Stake
July 07, 2024  |  Connected Economy

Revolut CEO Nikolay Storonsky will reportedly sell a “small portion” of his stake in the company as part of a previously reported sale of employee...

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Report: TD Bank Chief Compliance Officer Monica Kowal Leaves Job
Report: TD Bank Chief Compliance Officer Monica Kowal Leaves Job
July 07, 2024  |  Digital-First Banking

TD Bank’s chief compliance officer, Monica Kowal, has reportedly left the bank. Kowal left the bank during the past week, and an internal memo that announced the...

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Visa, Mashreq Supply Virtual Card Solution to UAE’s Emaar Properties
Visa, Mashreq Supply Virtual Card Solution to UAE’s Emaar Properties
July 07, 2024  |  Connected Economy

Emaar Properties PJSC, a real estate developer in the United Arab Emirates (UAE), has adopted a virtual card solution from Visa and Mashreq to facilitate the digitization...

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AutoRek and J.P. Morgan Payments Partner on Insurance Company Receivables
AutoRek and J.P. Morgan Payments Partner on Insurance Company Receivables
July 07, 2024  |  B2B Payments

InsurTech firm AutoRek has partnered with J.P. Morgan Payments to help insurance companies overcome data challenges with a more connected, streamlined infrastructure. With these capabilities, insurance companies can...

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GenAI Helps Drive 118% Increase in Job Scams, ITRC Says
GenAI Helps Drive 118% Increase in Job Scams, ITRC Says
July 07, 2024  |  artificial intelligence

Generative artificial intelligence (AI) helped drive a 118% increase in job scams in 2023. The Identity Theft Resource Center (ITRC) said in a June 26 press...

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Brands and Retailers Summer in the Hamptons With Luxury Pop-Ups
Brands and Retailers Summer in the Hamptons With Luxury Pop-Ups
July 06, 2024  |  Retail

As the summer season heats up, wealthy vacationers from the Northeast are getting in their cars and heading out to the Hamptons for seasonal luxury,...

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Target Says Time’s Up For Paying With Paper Checks
Target Says Time’s Up For Paying With Paper Checks
July 05, 2024  |  Payment Methods

Paying with paper checks at Target will soon be a thing of the past. The retailer said it will stop accepting personal checks at its...

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Amazon Gets 3 Weeks to Show Compliance With Digital Services Act
Amazon Gets 3 Weeks to Show Compliance With Digital Services Act
July 05, 2024  |  Amazon

The European Commission wants Amazon to prove it’s complying with the Digital Services Act (DSA). The watchdog group has given the tech giant until July...

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How GenAI is Reshaping eCommerce and Consumer Trust
How GenAI is Reshaping eCommerce and Consumer Trust
July 05, 2024  |  artificial intelligence

In the bustling digital marketplace of 2024, a new currency is emerging: content. However, as a recent study by Google researchers warns, this currency may face...

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