Real-Time Transactions Expected to Hit 575 Billion by 2028
Real-time transactions continue their sweep worldwide, and payments experts note that the industry has achieved stable and sustainable growth. A newly| PYMNTS.com
Real-time transactions continue their sweep worldwide, and payments experts note that the industry has achieved stable and sustainable growth. A newly| PYMNTS.com
U.K. lender HSBC made progress in the launch of its digital banking platform for small businesses, Kinetic, which is now operating in beta phase, Reuters| PYMNTS.com
Temu parent company PDD Holdings saw its revenue grow but its operating profit fall during the second quarter, with executives saying the company is investing in “long-term impact.” PDD Holdings’ revenue grew 7% year over year during the quarter to reach about 104 billion yuan ($14.5 billion), the multinational commerce group said in a Monday (Aug. 25) press release. At the same time, the company’s operating profit dropped by 21% year over year. Executives said in the release that P...| PYMNTS.com
Spreadsheets may be dying a slow death, but they’re still on their way out the door. And no one is more grateful than the corporate treasurer. Treasury used to run on lag. Reports rolled in after cutoffs. Cash positions were tallied after the fact. By the time a treasurer got the full picture, reality had already shifted. For decades, this quiet workhorse of corporate finance was responsible for managing cash, processing payments, and ensuring counterparties get what they’re owed. But i...| PYMNTS.com
Foot Locker shareholders voted to approve the footwear and apparel retailer’s acquisition by Dick’s Sporting Goods, which was announced in May. Shareholders voted at a special meeting held Friday (Aug. 22) and approved the deal with 99% of the votes cast, representing 70% of all outstanding shares, voting in favor, Foot Locker said in a Friday press release. The transaction remains subject to other customary closing conditions, including regulatory approval, but is expected to close in...| PYMNTS.com
Global omnichannel dog brand Bark has migrated its subscription base to enterprise subscription platform Ordergroove and eCommerce engine Shopify. The company previously managed two separate subscription platforms, which put a strain on engineering resources and created other challenges, according to a Thursday (Aug. 21) press release. By shifting to a single scalable tech stack for customer experience and recurring revenue, Bark reduced cost and complexity and enabled new subscriber experien...| PYMNTS.com
Financial and retail technology solutions company Diebold Nixdorf has debuted new services for bank branches. The company’s new Branch Automation Solutions portfolio, announced Monday (Aug. 25), is designed to help financial institutions (FIs) improve efficiency in their physical channels, while addressing customers who are seeking an omnichannel banking experience. This offering addresses the need for increased automation to operate branch networks and oversee the costs of the “entir...| PYMNTS.com
Features enhancing reliability, tools for restaurants and expanded financial access are on Square’s product roadmap. The business technology platform highlighted these upcoming offerings in a Monday (Aug. 25) article announcing that it has made its product roadmap public. Willem Avé, global head of product at Square, wrote in the article that the company did so to increase transparency, build trust, allow customers to plan ahead and enable them to share ideas. “Your feedback shapes th...| PYMNTS.com
Agentic artificial intelligence is embedding itself into everyday shopping and enterprise workflows, turning simple prompts into fully executed tasks and streamlining online interactions that improve customer-facing and supply chain interactions. The promise that beckons is hands-off commerce, whether you’re a consumer or business, but the reality remains mixed. In B2C, retailers are rolling out AI agents across customer interactions. In B2B, adoption is more measured as firms weigh securit...| PYMNTS.com
Late-stage delinquency rates increased across all credit scores in July, compared to a year earlier, with the greatest percentage increases seen among the highest credit tiers, according to VantageScore. The credit scoring company said in a Monday (Aug. 25) press release that the rate among consumers with a credit score between 661 and 780 increased 47% year over year, while that among those with a score between 781 and 850 leapt 109%. Smaller increases were seen among consumers with credit s...| PYMNTS.com
Text-to-pay platform Authvia has integrated Visa’s real-time money movement capabilities into its core offering. The collaboration with Visa Direct, announced in a Monday (Aug. 25) news release, allows for real-time disbursements across industries such as healthcare, automotive services, insurance and gig economy platforms with a single text message. “Whether it’s sending a co-pay reimbursement to a patient, returning a deposit to a customer, or disbursing funds to a technician in ...| PYMNTS.com
The lines between the gamification of money and the monetization of gaming are increasingly blurring. At the heart of this blurring lies a fundamental| PYMNTS.com
Synapse Faces CFPB Over Fund Reconciliation Gaps| www.pymnts.com
BNPL has become a popular payment method for consumers, and merchants could potentially lose sales if they do not offer it as consumer use grows.| PYMNTS.com
Regulators Prepare to Ease Post-Financial Crisis Banking Rules| www.pymnts.com
With 16% of small and mid-sized businesses (SMBs) considering switching banks, many are turning to community banks and credit unions (CUs) for their| PYMNTS.com
The U.S. is reportedly preparing to make substantial cuts to banks’ capital requirements. That’s according to a report Thursday (May 15) by the Financial| PYMNTS.com
The Bank of England has reportedly announced plans to relax rules for banks and insurers. Sam Woods, chief executive of the central bank’s Prudential| PYMNTS.com
Starbucks Coffee Korea Co. is launching voice ordering through Bixby, becoming the first retailer to use Samsung’s voice assistant for orders and payment.| PYMNTS.com
Accounts payable (AP) remains a pain point for businesses of all sizes, particularly those that still rely on legacy methods like checks. The adoption of| PYMNTS.com
JPMorgan has reportedly told FinTechs it will begin charging for access to customer bank info. That’s according to a report Friday (July 11) from| PYMNTS.com
In his 2024 annual letter to shareholders, released April 7, JPMorgan CEO Jamie Dimon wrote that “a new battle is brewing. Third parties want full access| PYMNTS.com
More than 80 leaders of FinTech companies, crypto companies and other firms involved with open banking signed a public letter asking President Donald| PYMNTS.com
The gap between the best and the rest in credit union innovation is widening as top performers focus on digital services and strategic partnerships. With nearly half of Americans open to switching financial institutions for more innovative offerings, can underperformers close the gap to stay competitive?| PYMNTS.com
The battle for credit cardholder loyalty is being waged not just on the traditional fields of points and miles, but on the more personalized terrain of| PYMNTS.com
Collaborate with PYMNTS to reach a highly engaged audience. Our programs offer high-impact exposure, establish thought leadership and generate valuable leads.| PYMNTS.com
Growfin and Zuora partnered to offer enterprise companies a collections and cash flow management solution powered by artificial intelligence. The solution| PYMNTS.com
The European Commission has reportedly launched a probe into whether Mastercard and Visa’s fees are hurting merchants. The commission sent out| PYMNTS.com
Embedded Lending: From the Lender’s Perspective - June 2024 - Commissioned by Visa and conducted by PYMNTS Intelligence| PYMNTS.com
If small businesses are the lifeblood of the economy, they may be feeling a bit anemic, at least when it comes to their finances. There’s not enough cash| PYMNTS.com
PayPal said Wednesday (March 26) that it has passed $30 billion in global loan originations for small businesses since launching its first merchant| PYMNTS.com
PYMNTS Intelligence has long chronicled the challenges facing smaller firms navigating the storms of economic volatility. Capital, of course, offers up a| PYMNTS.com
Financial technology firm FIS has launched a tool to help businesses optimize collections. FIS Revenue Insight, introduced Thursday (Feb. 6), is part of| PYMNTS.com
The cryptocurrency industry in the United States wants regulatory clarity around its on-chain financial markets and digital assets like stablecoins. It is| PYMNTS.com
The Trump family’s new stablecoin was reportedly used for a $2 billion investment into Binance by Abu Dhabi’s MGX. As Bloomberg News reported Thursday| PYMNTS.com
The U.S. government's evolving approach to crypto regulation could mark a pivotal moment for payments innovation. “There’s certainly a change in how the| PYMNTS.com
The cryptocurrency industry is a fan of incoming President Donald Trump, but Trump’s new meme coin is a different story. The new $TRUMP coin sparked| PYMNTS.com
For millions of Americans, the biggest threat to their personal finances and spending routines isn’t tariffs. It’s their mortgages. Many homebuyers jumped| PYMNTS.com
For retailers that have operated through the pandemic, one of the takeaways they’ve learned is that they must offer personalization — serving customers in| PYMNTS.com
Sen. Mark Warner (D-Va.) is warning that Delta Air Lines’ use of artificial intelligence (AI) to tailor airfare prices to individual customers represents| PYMNTS.com
The United States and China released competing visions of the future of artificial intelligence, with the U.S. seeking global leadership and China| PYMNTS.com
As global payments evolve, the companies and global networks supporting the landscape are evolving in turn. That was the key trendline shared Thursday| PYMNTS.com
Apple is lighting a fire under its artificial intelligence (AI) efforts, pledging to “significantly” step up investments and dedicating more staff toward| PYMNTS.com
Most chief financial officers (CFOs) say they understand the concept of agentic artificial intelligence — systems that can plan, reason and take actions| PYMNTS.com
Here are the top artificial intelligence (AI) stories of the week: Agentic AI Systems Have to Earn Trust in 3 Ways From Enterprises CFOs are nearly| PYMNTS.com
Priority has introduced enhancements to the Passport product within its banking and treasury solutions platform. Among the changes announced by| PYMNTS.com
Priority Technology Holdings has added new payroll and benefit solutions to its payments and banking solution by acquiring Rollfi. Rollfi enables banks,| PYMNTS.com
Banks and credit unions may feel like they offer a best-in-class digital experience — and the readiness to offer new services and options — when it comes| PYMNTS.com
Mid-sized financial institutions (FIs) — including community banks, regional banks, and credit unions — face growing challenges in automating their| PYMNTS.com
The U.K.’s financial watchdog says lenders need to make online loan applications easier to understand. The Financial Conduct Authority (FCA) said Thursday| PYMNTS.com
Crowd sourcing input and breaking down silos can foster collaborative, creative solutions, FIS SVP, GTM, Automated Finance Christina Wagner writes in a| PYMNTS.com
Watch more: CFOs Prioritize B2B Payment Control as Economic Uncertainty Persists It’s not just cash and capital that are king for today’s chief financial| PYMNTS.com
Boost Payment Solutions and FIS have partnered to facilitate accounts receivable (AR) and accounts payable (AP) automation for enterprise customers. This| PYMNTS.com
There’s a new source of stress facing America’s already-stressed student loan borrowers. For the first time since the pandemic, delinquent payments will| PYMNTS.com
Most student loan borrowers have had difficulty making their loan payments, but many don’t know they could choose a different repayment plan that could| PYMNTS.com
The U.S. labor market maintained stability in June, though signals of cooling are emerging amid shifting sectoral dynamics. The latest Jobs Openings and| PYMNTS.com
DAT Freight & Analytics plans to acquire the Convoy Platform from Flexport to expand the capabilities of its freight-matching network. The company| PYMNTS.com
Main Street businesses have been struggling in the last 12 months, but there are bright spots, too. Read more here.| PYMNTS.com
For decades, small- to medium-sized businesses (SMBs) have been the underserved middle children of enterprise technology. Too small to afford robust| PYMNTS.com
Main Street businesses, vital to the U.S. economy, have seen their growth rate significantly fade since late 2024 through Q1 2025, lagging behind the| PYMNTS.com
U.S. Bank introduced an online education platform aimed at small business owners. The lender’s free Business Resources Central is designed to provide| PYMNTS.com
Interactive Brokers Group is reportedly the latest financial giant eyeing the stablecoin space. The company is considering launching a stablecoin for its| PYMNTS.com
DOGE has reportedly turned to artificial intelligence (AI) to drastically reduce the number of federal regulations. That’s according to a report Saturday| PYMNTS.com
The latest global news and analysis in payments, retail, fintech, financial services and the digital economy.| PYMNTS.com
Consumer packaged goods (CPG) companies are working to add efficiencies and diversify their sourcing as they deal with the effects of current and| PYMNTS.com
The additional tariffs imposed by President Donald Trump on China, Canada and Mexico reportedly include a provision that will eliminate a longstanding| PYMNTS.com
U.S. tariffs have reportedly left Chinese companies on Amazon with a tough choice: Hike their prices, or leave the platform altogether. That’s according| PYMNTS.com
Consumer sentiment continues to be buffeted by tariffs and worries about inflation. Sentiment is souring so much that, as the University of Michigan found| PYMNTS.com
Smaller businesses (SMBs) already lead a hand-to-mouth existence. With financing scarce, tariffs cause 1 in 5 to doubt their survival.| PYMNTS.com
In the evolving world of FinTech, where algorithm-driven underwriting and alternative data are becoming the norm, small and medium-sized businesses (SMBs)| PYMNTS.com
Digital financial ecosystem MoneyLion adopted a new solution from Plaid that allows consumers to link their bank accounts and get pre-qualified for loans.| PYMNTS.com
The hackers have been foiled. At least in one case, and at least for the moment, they have been foiled. But the threats to, and parrying by, GCash, the| PYMNTS.com
As Silicon Valley innovates with artificial intelligence, many companies remain burdened by outdated paper invoice systems. This disconnect hinders| PYMNTS.com
In recent years, digital wallets have become an essential tool for making online payments, but their uses are quickly expanding. In the U.K., nearly half| PYMNTS.com
The Trump Administration is reportedly considering significant changes to the Department of Justice’s (DOJ) Antitrust Division, potentially reallocating| PYMNTS.com
As retailers look to win customers’ loyalty, PYMNTS Intelligence research finds that buying local goods is a top-of-mind concern for a significant share| PYMNTS.com
For businesses hoping to compete for talent in the increasingly global digital marketplace, cross-border payments innovations are crucial. A full 73% of| PYMNTS.com
An artificial intelligence (AI) chatbot that remembers what you asked it to do last month? That’s the promise behind ChatGPT’s latest upgrade, which could| PYMNTS.com
A Federal Trade Commission (FTC) lawsuit that alleges an “online business opportunity scam” led a federal court to temporarily shut down the operations of| PYMNTS.com
The Federal Trade Commission’s law enforcement actions resulted in $337.3 million in refunds to consumers in 2024. That total included $280.7 million in| PYMNTS.com
The 119th U.S. Congressional session has begun, and the digital asset sector is hoping there will soon be favorable and clear regulatory guardrails for| PYMNTS.com
With many retail subscribers now relying mainly on auto-refill subscriptions for their shopping, PYMNTS Intelligence reveals, retailers must adapt and| PYMNTS.com
Business email compromises (BEC) are among the most common methods of B2B payments fraud and can frequently involve invoice manipulation when a cyber| PYMNTS.com
Subscribers want a smooth shopping experience: Data from several PYMNTS Intelligence studies shows that 27% of users are likely to cancel their| PYMNTS.com
OpenAI has unveiled two new business features for ChatGPT in its latest push to deepen enterprise adoption and challenge Microsoft and Google’s office| PYMNTS.com
OpenAI has appealed a court order that requires it to retain consumer ChatGPT and API data indefinitely, saying the order conflicts with its privacy| PYMNTS.com
This week in artificial intelligence (AI) news, Intuit in introducing AI agents for its enterprise clients, while voice AI startups drew in an eightfold| PYMNTS.com
