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News & Trends

Personnel
Report: Citi’s Heads of Legacy Franchises, Operations and Technology Depart

Citi has reportedly announced in an internal memo the departure of two...

58 mins ago
artificial intelligence
Expedia Unveils AI Assistant to Help With Travel Planning

Expedia Group has unveiled an artificial intelligence (AI) assistant designed to help...

1 hour ago
artificial intelligence
Verizon Expects to Double Network Thanks to AI Demand

Verizon Communications is reportedly placing a significant bet on artificial intelligence (AI)...

2 hours ago
Meta
Meta to Phase Out Workplace Over Next 2 Years

Meta Platforms will be phasing out Workplace, its office collaboration tool, over the...

3 hours ago
Banking
Ahead of Hill Hearing, Regulators Say Banks ‘Resilient’ but Risks...

Testimony from some of the top regulators in the country ahead...

3 hours ago
Transportation
Carvana Expects New Car Production to Boost Used Car Sales

Carvana reportedly expects that as more new vehicles are built, the company’s...

4 hours ago
Apple
Apple Says App Store Stopped $1.8B in Fraudulent Transactions in...

Apple’s App Store blocked over $7 billion in fraudulent activity from 2020 through...

4 hours ago
BNPL
12% of Shoppers Would Use Embedded Lending at Favorite Stores...

For a sizable share of consumers, embedded lending options such as...

5 hours ago
CFPB
CFPB Pays $384 Million to Victims of Think Finance Scheme

Eleven years ago, Think Finance was named one of Forbes’ most promising...

6 hours ago
Retail
Adults Are Buying More Toys as Families Cut Back

Parents are buying fewer toys and games for their children, but...

6 hours ago
Insurance
Agile and ePayPolicy Team to Offer Insurance Financing

Agile Premium Finance and ePayPolicy have teamed to offer insurance industry clients checkout financing...

6 hours ago
IPO
Report: Waystar Plans to Launch IPO in Early June

Waystar is reportedly planning to launch its initial public offering (IPO) in early...

6 hours ago
Consumer Finance
44% of Millennials Used Non-Bank FIs in 2023, Leading All...

In researching PYMNTS Intelligence’s “Meeting the Demand for Instant Ad Hoc...

6 hours ago
Acquisitions
What Does Nuvei’s Go-Private Deal Portend for FinTechs?

The FinTech landscape may be altered by go-private deals, as private...

6 hours ago
Personnel
Amazon Names Matt Garman to Lead Cloud Computing Unit

Amazon’s all-important cloud computing division has a new leader. Adam Selpiski, who...

7 hours ago
Artificial Intelligence
Venture Capitalist David Sacks Debuts Work-Oriented AI Chat Platform Glue

Podcaster and venture capitalist David Sacks launched a business-oriented artificial intelligence firm dubbed Glue....

7 hours ago
Earnings
Alibaba: Trust Is Make-or-Break for eCommerce Shoppers in China

Amid Alibaba’s declining profits, the eCommerce giant is seeing its online...

7 hours ago
Artificial Intelligence
OpenAI’s GPT-4o Aims for Real-Time Voice Assistant Interactions

OpenAI’s new GPT-4o artificial intelligence model could enhance real-time voice interactions, improving the...

7 hours ago
B2B Payments
Worldline and Visa Partner on Virtual Card Issuing Solution

Worldline has partnered with Visa to launch a virtual card issuing...

8 hours ago
Banking
BNP Paribas CEO Jean-Laurent Bonnafé: Europe’s Regulations Limit Bank Mergers

BNP Paribas CEO Jean-Laurent Bonnafé reportedly expressed skepticism about the potential...

9 hours ago
CFPB
Supreme Court Ruling on CFPB’s Fate May Rewrite the Rules...

For the Consumer Financial Protection Bureau (CFPB), the courts have been a hotbed of...

9 hours ago
Earnings
Ant Group Earnings Fall 19% Amid Digital Wallet Efforts

Ant Group’s profits have dropped 19% as the Chinese FinTech expands its...

9 hours ago
Travel Payments
Emburse Adds Notifications of Better Hotel Rates for Business Travelers

Emburse now enables business travelers to receive automated notifications when there is a...

10 hours ago
Partnerships
Fifth Third and Bottomline Debut Enhanced Payables Tool

Fifth Third Bank is working with business payments provider Bottomline to offer new payment...

10 hours ago
ResTech
Square: Restaurant Worker Pay Jumps 66% in 7 Years

Labor costs continue to weigh on restaurants, according to a new...

11 hours ago
Security & Fraud
75% of Large Banks Agree to Reimburse Victims of Authorized...

The Federal Reserve’s FraudClassifier divides fraud into two categories: authorized fraud and its unauthorized...

11 hours ago
ResTech
Square Adds 5 New Integrated Solutions for Restaurants

Square has formed several new integrations and partnerships with organizations serving...

11 hours ago
Retail
Fashion Shoppers’ Shift to Digital Sends Physical Retailers Packing

Consumers are increasingly buying clothing from third-party digital marketplaces, forcing more retailers to...

11 hours ago
Earnings
Home Depot Continues B2B Push as Consumer Spending Pulls Back

Is your refrigerator running? Rather than going to catch it, as...

11 hours ago
Ridesharing
Lyft Extends 70% Pay Standard to Drivers Nationwide

Ride-hailing platform Lyft said it wants to lift its driver’s earnings. Earlier this...

11 hours ago
Artificial Intelligence
Klarna Reports Internal AI Assistant Answers 2,000 Employee Questions Daily

Klarna reported that over 87% of its employees across the company are now using...

12 hours ago
Acquisitions
Uber Pays $950 Million for Delivery Hero’s Taiwan Foodpanda Business

Uber is acquiring Delivery Hero’s foodpanda delivery business in Taiwan for $950 million. The deal, announced Tuesday...

12 hours ago
Economy
Bank of America CEO: Consumers Show Spending ‘Resilience’

Bank of America’s CEO says consumer spending is still healthy despite steep...

14 hours ago
Personnel
Mistral AI Names Marjorie Janiewicz as US General Manager

French artificial intelligence firm Mistral AI has named a new general manager for...

14 hours ago
Walmart
Walmart Reportedly Slashing Jobs and Ending Remote Work

Walmart is reportedly eliminating hundreds of corporate jobs and ending most...

15 hours ago
Loans
APAC Middle-Market Leaders Embrace External Financing for Growth

We are in the midst of a working capital revolution — one that is...

18 hours ago
Connected Economy
Open-Loop Payments Help Advance Smart City Innovation

The concept of the connected commuter is gaining momentum, driven by...

18 hours ago
Retail
Tanger Outlets Court the Digital, Aspirational Shopper

May 2020. The COVID-19 lockdown was starting to ease, but it...

18 hours ago