Today on PYMNTS

Regulation
White House Pushes FinTech Access to Payment Rails

The White House is pushing federal financial regulators to take a fresh look at...

Fraud Prevention
Verizon Report Warns of AI-Fueled Social Engineering Surge

Artificial intelligence is changing the economics of cybercrime, giving scammers and fraudsters a faster...

Regulation
California Says Yotta Misled Customers Before Synapse Collapse

California regulators have ordered FinTech Yotta Technologies to pay $1 million, adding another enforcement...

B2B Payments
The B2B Payments Status Quo Works. That May Be the...

Broken systems don’t exist for long in corporate payments. But legacy, “good enough” processes...

Investments
Commure Secures $70 Million to Expand AI Healthcare Operations Platform

Healthcare artificial intelligence (AI) company Commure announced Tuesday (May 19) that it has raised...

Walmart
Walmart Gains Ground as Tariffs Pressure Retail Rivals

Walmart is widening its lead over competitors as tariffs, inflation pressures and tighter household...

artificial intelligence
Andrej Karpathy Lands at Anthropic Amid AI Research Arms Race

Andrej Karpathy joined Anthropic, marking one of the highest-profile talent moves yet in the...

Markets
Polymarket Letting Users Make Bets on Private Company Fortunes

Polymarket has introduced what it calls the first prediction markets connected to private company performance....

B2B Payments
FIS Brings Enterprise Risk Suite to Amazon Web Services

Financial technology company FIS has launched its Enterprise Risk Suite on Amazon Web Services...

Personnel
Target Taps Walmart Vet Jeff England to Head Logistics

Target has recruited a new logistics chief as it works to revive flagging sales. Get...

Investments
Retail Tech Startup Radar Secures $170 Million Funding Round

Radar, an inventory management startup backed by American Eagle Outfitters CEO Jay Schottenstein, has...

Digital Payments
Plaid Launches Guaranteed ACH Payments Solution

Plaid has introduced a tool designed to help customers make smarter ACH-payment-related decisions. Get the...

Mastercard
Mastercard Intros Strategy to Ferret Out Scam Merchants

Mastercard wants to help banks and payment companies separate legitimate merchants and scammers. Get...

Investments
Ex-FTX Executive Rolls Out AI Trading Platform With ‘No-Loss’ Model

Perpetuals.com Ltd. has launched an artificial intelligence (AI)-powered trading platform that allows users to...

Artificial Intelligence
IKEA Turned 8,500 Call Agents Into Design Consultants

In 2021, IKEA had a customer service problem that it couldn’t automate away. Get...

Cryptocurrency
Merchants Eye Back-End Costs as Crypto Cards Push Into Checkout

The payments industry has become remarkably good at masking complexity from consumers. But merchants...

Investments
Moment Raises $78 Million to Meld AI and Wealth Management

Investment management-focused AI startup Moment has raised $78 million in new funding. Get the Full Story...

eCommerce
Online Sales Jump as Shoppers Hunt for Control

The most revealing number in the latest spate of retail data may not be...

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