Velera The FinTech Innovation Agenda June 2024 Banner

News & Trends

Money Mobility
Instant Refunds? Consumers Say They’ll Pay for That

Overpayment disbursements are not the most common payouts nor the largest....

28 seconds ago
Consumer Payments
Why Merchants Prefer Card-Linked Pay Later Options

Merchants are increasingly recognizing the value of offering general-purpose credit card-linked...

55 seconds ago
Banking
Capturing the US Family Dynamic Will Power Open Banking’s Future

Without education, awareness, or utility, any innovation will find it hard...

2 mins ago
Retail
Amazon and Walmart Court Zillennials’ Loyalty With Sustainability Initiatives

As Amazon and Walmart look to secure the affinity of young...

3 mins ago
Banking
Thredd CEO Counts on Regulators to Address Vulnerabilities of Banking...

The relationships between FinTechs, banks and neobanks has been placed under...

3 mins ago
Fintech Investments
FinTech IPO Index Slips 2.1% With Sezzle Balancing the Scales

The holiday-shortened week saw the FinTech IPO Index slip 2.1%. Year...

3 mins ago
Pandenomics
IRS Finds Most ERC Claims Have Unacceptable Levels of Risk

The IRS plans to deny tens of thousands “improper high-risk” Employee Retention...

6 hours ago
Cybersecurity
Report: Consumer Data From Snowflake Hack Being Sold to Cybercriminals

Consumer data from LendingTree subsidiary QuoteWizard was reportedly stolen by hackers,...

6 hours ago
IPO
Acorns Will ‘Likely’ Go Public, CEO Noah Kerner Says

Investing and checking accounts app Acorns reportedly expects to launch an...

7 hours ago
artificial intelligence
Target Pilots GenAI-Powered Chatbot Designed for Store Staffers

Target is piloting a generative artificial intelligence (AI)-powered chatbot that answers...

8 hours ago
Retail
LTK Adds Automatic Direct Message Tool to Creator Commerce Platform

LTK has enhanced its Creator Commerce platform with a new automatic...

8 hours ago
artificial intelligence
AI Money: Nvidia Soars, Oracle Invests $1B in Spain

In a week of seismic shifts in the tech industry, Nvidia...

9 hours ago
artificial intelligence
Materia Exits Stealth, Launches GenAI Platform for Public Accounting Firms

Materia has come out of stealth with over $6.3 million in...

9 hours ago
artificial intelligence
Safe Superintelligence’s Launch Spotlights OpenAI Roots

Ilya Sutskever, co-founder and former chief scientist of OpenAI, has launched...

9 hours ago
Payments Innovation
Gynger Raises $20 Million to Scale Embedded Financing Platform

Gynger has raised $20 million in a Series A funding round...

9 hours ago
Retail
McDonald’s to Offer $5 Meal Deal as Consumers Seek Value

McDonald’s is preparing to roll out a $5 Meal Deal and...

10 hours ago
Consumer Insights
Millennials Are Most Prepared to Trade Down to Private Label

As merchants step up their own-brand offerings, PYMNTS Intelligence research finds...

10 hours ago
artificial intelligence
SoundHound AI Expands Voice AI Ordering Reach in Restaurant Sector

SoundHound AI announced Tuesday (June 18) its acquisition of key assets...

11 hours ago
Personnel
Former J.P. Morgan Payments Head Takis Georgakopoulos to Join Fiserv

Fiserv has announced that former J.P. Morgan Global Head of Payments...

11 hours ago
Retail
Savings United Launches Standalone Coupon Site

Savings United, which has over a decade’s experience in helping media...

12 hours ago
AML
Singapore Says Banking Sector Is Top Money Laundering Risk

Singapore has identified banks as the entities posing the greatest money...

12 hours ago
Partnerships
Pipe Adopts Peach Infrastructure to Scale Embedded Capital Product

Pipe is now using Peach Finance’s infrastructure to power and scale its...

13 hours ago
B2B Payments
Automated Payments Gains Ground in Business Sector

The B2B landscape represents one of the last true innovation greenspace...

13 hours ago
Banking
Microservices Are at the Core of Core Banking’s Appeal

For traditional financial services players, core banking beckons as a way...

14 hours ago
artificial intelligence
Tech Giants’ AI Audio Revolution: A Boon for Business?

Google DeepMind’s latest trick? Giving artificial intelligence (AI)-generated videos a voice....

14 hours ago
Earnings
Darden Sees Fine-Dining Comparable Sales Drop Amid Inflation, Job Concerns

Darden Restaurants saw its same-store sales slip at its fine dining...

14 hours ago
Business
Amazon Doubles Down on Procurement With New Business-Buyer Solutions 

When the operating landscape is uncertain and dynamic, businesses must prioritize...

14 hours ago
BNPL
Reserve Bank of Australia Favors Surcharging in BNPL Sector

The Reserve Bank of Australia (RBA) plans to review the issue...

15 hours ago
B2B Payments
TreviPay to Provide Payments, Invoicing Solutions to HDA Truck Pride

TreviPay will provide payments and invoicing solutions to a new program...

15 hours ago
artificial intelligence
Anthropic Debuts New AI Model, Claude 3.5 Sonnet, That Understands...

Artificial intelligence (AI) company Anthropic released its latest chatbot, Claude 3.5...

16 hours ago
Authentication
Nonbanks, Systemic Risks Highlight Need for ‘Know Your Business’ Due...

For banks, forging partnerships with nonbanks and FinTechs has been a...

16 hours ago
Earnings
Kroger Sees Private-Label Push Bring Low-Income Shoppers Back

With ongoing financial challenges affecting consumers very differently depending on their...

17 hours ago
B2B Payments
Adyen and SumUp Partner on Accelerated Settlements in Europe, UK

Adyen and SumUp have partnered to enable accelerated settlements for small...

17 hours ago
Personnel
PayPal Names Former Walmart Executive Srini Venkatesan as CTO

PayPal has appointed Srini Venkatesan, the former head of Walmart’s U.S....

18 hours ago
CFO
XiFin CFO on Planning Your Work, Then Working the Plan

Over the past 10 years, more change has occurred than over...

21 hours ago
Acquisitions
NatWest Expands Retail Banking with £2.5 Billion Sainsbury's Acquisition

NatWest Group, one of the largest banks in the U.K., has...

21 hours ago
Healthcare
Women Without Reliable Transportation are 78% More Likely to Delay...

On average, four in five women receive regular preventative medical and...

1 day ago
Real-Time Payments
The Clearing House Says Instant Payments Build Better Business Balance...

Cash flow is the lifeblood of any business. That’s why many...

1 day ago