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In the high-stakes contest for consumer loyalty, rewards are no longer just perks; they are the battlefield.
The PYMNTS Intelligence report “Locking in Loyalty: Securing Top-of-Wallet Status in a Changing Economy” shows that financial institutions (FIs) are being pushed to rethink rewards, moving away from one-size-fits-all programs toward personalized, real-time benefits that meet...
Fraudsters are borrowing from growth marketers’ playbooks. They’re segmenting, personalizing and timing their outreach to lure more victims in less time.
A new PYMNTS Intelligence study, “How Scammers Tailor Financial Scams to Individual Consumer Vulnerabilities,” argues that mass personalization has become the defining feature of modern fraud.
Based on a survey of 10,103 U.S....
In the battle to keep customers and attract new ones, open banking is a key differentiator for credit unions, propelling top performers ahead while many others lag, potentially missing a pathway to member satisfaction.
“The 2025 Credit Union Innovation Readiness Index: Closing Gaps, Winning Members,” a June report produced in collaboration between Velera and PYMNTS Intelligence,...
Revolut is reportedly allowing workers to sell their holdings at a $75 billion valuation.
The most valuable FinTech in the United Kingdom informed staff members Monday (Sept. 1) that they will be permitted to sell up to 20% of their shares to make space for other investors, the Financial Times reported Monday, citing unnamed sources and a document it viewed.
Revolut’s performance in...
Just two customers drove 39% of chipmaker Nvidia’s second-quarter revenue, TechCrunch reported Saturday (Aug. 30), citing a securities filing.
The filing came in the wake of Nvidia’s earnings report last week, in which the firm, the most valuable company in the world, logged record revenue of $46.7 billion during the quarter, a 55% jump fueled largely by the artificial intelligence...
A group of intelligence agencies is warning about the rise of China’s “global espionage systems.”
The warning came from agencies that include the Cybersecurity and Infrastructure Security Agency (CISA), the FBI and the National Security Agency (NSA) in the form of an advisory highlighting the way state-backed hackers such as Salt Typhoon penetrate networks around the world, according...
The upcoming expiration of federal electric vehicle credits is reportedly fueling an automotive sales boom.
It’s the end of an era for the United States car sector, The Wall Street Journal reported Monday (Sept. 1). Dealers have spent years selling electric cars but are now preparing for the federal government’s $7,500 tax credit for electric vehicle purchases to expire Sept. 30.
Car...
Strategy, the software-firm-turned-bitcoin-treasury-pioneer, reportedly qualified for a potential S...
New data found that nearly a third of all adults in the United Kingdom now use open banking services.
Figures from Open Banking Limited showed that more than 15.6 million people and businesses use services powered by open banking, according to a Monday (Sept. 1) press release. In July, open banking services were used a record 2.04 billion times, a 3.5% increase from the previous month...
Payments company Wise is reportedly weighing becoming a full-fledged bank in the United Kingdom.
The company has been in touch with experienced financial services executives in the last two months about roles in a future banking business, British newspaper The Times reported Monday (Sept. 1). The plans are in the early stages, as Wise has not yet applied for a banking license.
A...