Today on PYMNTS

B2B Payments
Checkout.com and Mastercard Offer Virtual Cards for Travel Agents

Checkout.com has teamed with Mastercard to offer virtual cards to online travel agents.  “As part of the...

eCommerce
Competing With Giants: How Small Businesses Can Optimize Their eCommerce...

This National Small Business Week, merchants are increasingly moving beyond Main Street — and...

Payments Innovation
Payment Networks Spotlight Rise of Tokenization and Contactless Payments

Four years ago, the pandemic began to give wings to contactless payments. Now, as...

Personnel
Peloton CEO Barry McCarthy Steps Down as Company Begins Restructuring

Peloton Interactive has begun a search for a new CEO and announced that Barry McCarthy has stepped...

Startups
UK’s Non-London FinTechs Fight for Funding

In the north of England, the Manchester area has a booming FinTech startup community....

Economy
Fast-Food Slowdown May Mean Steeper Promotions

It’s been a season of slowing sales for quick-service restaurants (QSRs). That could mean...

artificial intelligence
Europe’s AI Paradox: Slow Adoption, Big Ambitions

Despite Europe’s reputation as a tech laggard, a cadre of companies is making big bets...

Loans
Small Businesses Owe $59 Billion From COVID Disaster Loans

The Small Business Administration (SBA) loaned out $390 billion to keep companies afloat during COVID. Now,...

Mastercard
Mastercard Expands Start Path Program to Boost Payment Acceptance

Mastercard has welcomed six startups to its Start Path program focused on improving payment...

Faster Payments
12 Charts Tell the Story of Instant Payments

Instant payments have taken center stage more and more in recent years, with the...

Fraud Attack
Visa Stresses Education as Small Businesses Confront Fraud Vulnerabilities

Most crimes, as the saying goes, are crimes of opportunity. And that’s bad news...

Real-Time Payments
Are Real-Time Payments Near an Inflection Point? Bank of America...

Use cases for real-time payments have never been a source of argument, even among...

Opinion
Data Revolution Adds Stability to Uncertain Financial Transactions

In the new PYMNTS eBook, “The Implications of Uncertainty,” Thredd Chief Administrative Officer Oliver...

Artificial Intelligence
Enterprise AI May Have an Energy Crisis

While artificial intelligence has taken the world by storm, its rise hasn’t come cheap....

David S. Evans
If You’re Happy and You Know It, You Must Be Small

Finland did it again.  The World Happiness Report (WHR) came out in March. For the...

Earnings
DoorDash Reports Record-High Orders as Consumers Seek Digital Solutions, Convenience

DoorDash set new company records across several metrics in the first quarter as it continued...

Security & Fraud
Complaints of Fraud Targeting Older Americans Rose 14% in 2023

Fraud targeting older Americans’ money or cryptocurrency increased by double-digit percentages in 2023. The...

Earnings
Carvana’s Inventory ‘Constrained’ as Online Used Car Retailer Posts Record...

Online used car retailer Carvana reported “milestone” first quarter (Q1) results on Wednesday (May 1),...

Earnings
EBay Targets Gains in Back Half of 2024 Amid ‘Tough’...

EBay’s gross merchandise volume (GMV) eked out slight gains in the most recent quarter,...

Point of Sale
Epos Now Considers Sale of Minority Stake

British payments group Epos Now is running a private placement process to sell a...

Earnings
Upwork Believes AI is the Future of Work

Against a challenging macro backdrop, freelance work matters more than ever.  And the innovations...

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