PYMNTS News

ThredUp Picks Amazon Veteran Danielle Vermeer to Head Social Commerce
ThredUp Picks Amazon Veteran Danielle Vermeer to Head Social Commerce
November 12, 2024  |  News

Clothing reseller ThredUp has chosen Amazon’s ex-luxury resale head as its new social commerce director. Danielle Vermeer will take on the newly-created role of head...

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CFPB: States Should Fill Gaps in Laws to Protect Consumers’ Financial Data
CFPB: States Should Fill Gaps in Laws to Protect Consumers’ Financial Data
November 12, 2024  |  CFPB

At a time when more financial institutions are monetizing consumers’ financial data, state policymakers should assess gaps in their data privacy laws, the Consumer Financial...

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CISO’s Role in Payments Starts With Risk Mitigation
CISO’s Role in Payments Starts With Risk Mitigation
November 12, 2024  |  Risk Management

Risk management has been a longstanding principle in payments and commerce. Identifying risks, and being able to avoid them, is key to accelerating growth. And...

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Meta Protests FTC Plan to Update Privacy Settlement
Meta Protests FTC Plan to Update Privacy Settlement
November 12, 2024  |  Meta

Meta is reportedly rejecting the FTC’s plan to modify a 2020 privacy settlement. An attorney for the tech giant told the Federal Trade Commission’s (FTC)...

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Big Tech in Spotlight as UK Scrutinizes ‘Critical Third Parties’
Big Tech in Spotlight as UK Scrutinizes ‘Critical Third Parties’
November 12, 2024  |  Regulation

Financial regulators in the United Kingdom issued long-expected rules governing “critical third parties.” The new regulations, expected to go into effect Jan. 1, will govern...

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H&R Block to Settle FTC Lawsuit Alleging Deceptive Claims
H&R Block to Settle FTC Lawsuit Alleging Deceptive Claims
November 12, 2024  |  Regulation

H&R Block will pay $7 million and change some of its practices under a proposed settlement that would resolve a Federal Trade Commission (FTC) lawsuit alleging that...

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Only 4% of US Households Are Unbanked
Only 4% of US Households Are Unbanked
November 12, 2024  |  Consumer Insights

The percentage of households in the United States that are unbanked declined to a record low in 2023. At 4.2% of U.S. households, or 5.6...

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Bitcoin Approaches $90K as Crypto Fans Rally on Trump Presidency
Bitcoin Approaches $90K as Crypto Fans Rally on Trump Presidency
November 12, 2024  |  Bitcoin

Donald Trump’s election victory has been a win for the world’s most popular cryptocurrency. The price of bitcoin came close to $90,000 on Tuesday (Nov....

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Paychex Debuts Working Capital Offering for SMBs
Paychex Debuts Working Capital Offering for SMBs
November 12, 2024  |  SMBs

Human capital management software solutions provider Paychex has introduced a working capital offering. Paychex Funding Solutions, announced Tuesday (Nov. 12), is designed to provide small-...

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