Indian Banks Log Threefold Uptick in Fraud
Bank fraud in India nearly tripled during 2024, according to the country’s central bank.
In its annual report Thursday (May 29), the Reserve Bank of India (RBI) recorded 360 billion rupees ($4.2 b...
White House Tariffs Quashed by US Trade Court
A federal court has largely blocked White House tariffs following a lawsuit by Democrat-led states.
The ruling, handed down by the U.S. Court of International Trade Wednesday (May 28), suspends the bu...
How Payments Firms Can Win Gen Z Without Chasing Every TikTok Trend
In an age where consumer expectations evolve at the speed of a TikTok trend, financial institutions and payment providers face an increasingly complex question: how do they build systems, strategies a...
Amid Rule 1033 Uncertainty, Banks Urged Not to Retreat on APIs
No matter what ultimately happens with the Consumer Financial Protection Bureau’s Rule 1033 (also known as the open banking rule), pay by bank is here to stay.
Matt Janiga, director of regulatory af...
73% of Gen Z Identify as ‘Reactors’ in New Study
A shift is underway in how consumers in the United States manage their finances, and high earners are increasingly exhibiting reactive money habits.
The PYMNTS Intelligence report “The Financial Man...
Amazon and Walmart Hit the Wall as Shoppers Shift Spending
The intense rivalry between eCommerce titan Amazon and brick-and-mortar giant Walmart has long pitted the two companies against each other. Now, both retailers have a new challenge: Shoppers themselve...
Report: Apple to Change How It Names Operating Systems
Apple reportedly plans to change how it names its operating systems, identifying them by a year rather than a version number.
The new names will be based on the upcoming year, rather than the current ...
Nvidia Takes $4.5B Inventory Charge Due to Chip Trade Policy
Nvidia CEO Jensen Huang told analysts Wednesday (May 28) that recent U.S. export-control changes are reshaping the company’s growth plans in China even as global demand for artificial intelligence (...
Buy Now Pay Later’s Business Models Evolve Beyond Pay in 4
Debit turns into credit as buy now pay later business models continue to evolve.
As the new year dawned, PYMNTS Intelligence detailed that debit was the payment of choice for everyday spending for i...
