Whats Hot news and trends

Fast Food Brands Struggle as Consumer Sentiment Sours

July 21, 2024
OCC: Banks Unprepared for Cyberattacks and Other Risks
Banking // July 21, 2024

A U.S. banking regulator has reportedly determined that many lenders aren’t prepared for risks. As Bloomberg News reported Sunday (July 21), a confidential assessment by the Office of the Comptroller of the Currency (OCC) said 11 of the 22 large banks it oversees have “insufficient”...

Payments FinTech Ebury Reportedly Planning UK IPO
IPO // July 21, 2024

Santander-owned payments FinTech Ebury is reportedly planning to go public in the U.K. The London-based company is working with investment bankers from Goldman Sachs on the planned $2.5 billion initial public offering (IPO), the Financial Times (FT) reported Sunday (July 21), citing sources familiar with...

Report: Revolut Leads UK Scam Complaints Amid APP Fraud Surge
Security & Fraud // July 21, 2024

Revolut has reportedly denied thousands of British customers reimbursement requests after they were defrauded. This has led many of these consumers to seek help from the U.K.’s Financial Ombudsman Service (FOS), Bloomberg News reported Saturday (July 20).  The report cited data from the FOS showing...

LinkedIn Employs AI and Games to Promote Daily User Visits
Social Commerce // July 21, 2024

How often do you visit LinkedIn? The platform wants your answer to be “every day.” To that end, the Financial Times (FT) reported Sunday (FT), LinkedIn is offering artificial intelligence (AI)-powered career advice and has rolled out games to get its users visiting more often...

Interviews & Exclusives
As RTP Turns 5, Matching Experience to Expectation Is the Challenge

November 22, 2022
The customer experience encompasses all of the touch points that customers take advantage of when interacting with a company’s employees, assets or operations — including and especially the payment experience. By streamlining and modernizing their payment experience through digital tools and future-fit investments, companies can provide a better, more repeatable experience for their customers, for […]

JPMorgan Sees ‘Big Data’ Becoming ‘Smart Data’ With Help of Super Apps

October 26, 2022
The digital front door is opening. Lia Cao, managing director and global co-head of corporate and eCommerce sales and solutions at J.P. Morgan Payments, told PYMNTS’ Karen Webster that the...

Amazon Prime Day Will Face Aggressive Rivals, Inflation-Weary Consumers

June 16, 2022
(Update: adds Target Deal Days announcement) With Amazon announcing the latest iteration of its annual Prime Day event, it didn’t take long before rival retailers began to unveil their own...

White House Crypto Executive Order Ignites Digital Dollar Debate

March 10, 2022
If you support creating a digital dollar, there’s a lot to be happy about in President Joe Biden’s Wednesday (March 9) executive order on the regulation of cryptocurrency. For one...

Quick Reads
Fast Food Brands Struggle as Consumer Sentiment Sours

July 21, 2024
Restaurant stocks have been struggling this summer, though it’s not quite clear why. As Seeking Alpha reported Sunday (July 21), weakening consumer confidence and consumer spending are likely the key reasons, though there could be another reason diners might be shunning quick-service restaurants, or QSRs. “Heading into Q2 earnings, we believe sentiment for restaurants is […]

OCC: Banks Unprepared for Cyberattacks and Other Risks

July 21, 2024
A U.S. banking regulator has reportedly determined that many lenders aren’t prepared for risks. As Bloomberg News reported Sunday (July 21), a confidential assessment by the Office of the Comptroller...

Payments FinTech Ebury Reportedly Planning UK IPO

July 21, 2024
Santander-owned payments FinTech Ebury is reportedly planning to go public in the U.K. The London-based company is working with investment bankers from Goldman Sachs on the planned $2.5 billion initial...

Report: Revolut Leads UK Scam Complaints Amid APP Fraud Surge

July 21, 2024
Revolut has reportedly denied thousands of British customers reimbursement requests after they were defrauded. This has led many of these consumers to seek help from the U.K.’s Financial Ombudsman Service...