PYMNTS News

CFPB Alleges Organizations Ignored Student Loan Borrowers’ Payment Relief Requests
CFPB Alleges Organizations Ignored Student Loan Borrowers’ Payment Relief Requests
May 06, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has filed a complaint against the National Collegiate Student Loan Trusts and Pennsylvania Higher Education Assistance Agency (PHEAA), alleging that they ignored student...

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Sam Ash Closes Stores as Musicians Turn to Amazon
Sam Ash Closes Stores as Musicians Turn to Amazon
May 06, 2024  |  Retail

As Amazon gains share in hobby retail categories, specialty retailers such as Sam Ash are taking a hit. The music retailer announced Thursday (May 2) that it is closing all its...

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India Proposes CBDC That Can Function Offline
India Proposes CBDC That Can Function Offline
May 06, 2024  |  CBDC

India’s central bank wants its digital currency to be available without internet access. Get the Full Story Complete the form to unlock this article and...

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Data Security Is Top Priority as Payments Enter Zettabyte Era
Data Security Is Top Priority as Payments Enter Zettabyte Era
May 06, 2024  |  Data

You’ve probably heard it before, but data is undoubtedly the oil of the 21st century. Get the Full Story Complete the form to unlock this...

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Report: Microsoft Working on ‘Far Larger’ In-House AI Model
Report: Microsoft Working on ‘Far Larger’ In-House AI Model
May 06, 2024  |  artificial intelligence

Microsoft is reportedly working on a new, in-house artificial intelligence (AI) model that is “far larger” than the other open source models it has trained. Get the Full Story...

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ECB Official: Central Banks Must ‘Speed Up’ CBDC Adoption
ECB Official: Central Banks Must ‘Speed Up’ CBDC Adoption
May 06, 2024  |  CBDC

Bundesbank’s president said central banks must speed the adoption of digital currency to remain viable. Get the Full Story Complete the form to unlock this...

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Only Half of Consumers Globally Are Satisfied With Embedded Lending Options
Only Half of Consumers Globally Are Satisfied With Embedded Lending Options
May 06, 2024  |  Loans

Embedded lending tools enable potential borrowers to apply for credit directly from the merchant or provider’s platform — often while paying for a product or...

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Robinhood Crypto Target of Potential SEC Enforcement
Robinhood Crypto Target of Potential SEC Enforcement
May 06, 2024  |  Cryptocurrency

Robinhood’s cryptocurrency business could become the target of regulatory action. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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PNC and TCW Partner on Loans to Middle Market Companies
PNC and TCW Partner on Loans to Middle Market Companies
May 06, 2024  |  Partnerships

The PNC Financial Services Group and the TCW Group have formalized and expanded their partnership to develop a private credit platform focused on middle market lending....

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