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News & Trends

Economy
Wholesale Prices Rose 0.2% in June, Exceeding Economists’ Expectations

The Producer Price Index (PPI), which measures wholesale prices, rose in...

1 second ago
IPO
Report: StubHub Delays IPO Amid Unpredictable Market

StubHub has reportedly delayed its initial public offering (IPO) until at...

47 mins ago
Investments
Partior Raises $60 Million to Expand Blockchain-Based Cross-Border Transaction Capabilities

Partior has raised $60 million in a Series B funding round...

1 hour ago
Earnings
Delta Airlines Q2 Earnings: Business Travel Continues to Surge

Business travel at Delta Air Lines is surging, exceeding expectations with...

2 hours ago
Earnings
Citigroup’s 3% Branded Card Spend Growth Driven by Higher FICO...

Citigroup’s earnings results showed a bit of bifurcation in consumer spending,...

2 hours ago
Investments
Nala Raises $40 Million to Expand Consumer Business Beyond Africa

Nala raised $40 million in a Series A funding round to expand...

3 hours ago
Credit Cards
Expedia Launches Credit Cards to Complement Loyalty Program

Expedia Group said Friday (July 12) that it will launch two...

3 hours ago
Regulation
FTC Warns Franchisors About Non-Disparagement Clauses, Undisclosed Fees

The Federal Trade Commission (FTC) warned franchisors Friday (July 12) that...

3 hours ago
Payments Innovation
They Said That: Notable Quotables From the Week of July...

PYMNTS reporters, analysts and writers do dozens of interviews every week...

3 hours ago
Retail
Malls Add EV Chargers to Woo Affluent Shoppers With Spare...

Around the world, malls are adding new electric vehicle (EV) charging...

4 hours ago
Banking
British Consumers’ Complaints About Banking Sector Rise Amid Record-High Fraud

British consumers have more complaints about the banking sector across the...

4 hours ago
Bank Regulation
House Financial Services Hearing Warns of Regulatory ‘Ambiguity’ Governing FinTech-FI...

Prudent regulation is needed in helping to define the risks and...

4 hours ago
Retail
Target Bolsters in-Store Experiences Through Strategic Collaborations

Target is facing increased competition from online retailers with faster delivery...

5 hours ago
Subscriptions
Taco Bell CDO: Niche Paid Subscriptions Extend Engagement

As Taco Bell continues its paid subscription push — its “passes”...

5 hours ago
Cross-border Payments
TerraPay and YeePay Partner on Cross-Border Payment Solutions

TerraPay and YeePay have partnered to enhance cross-border payment solutions for customers....

6 hours ago
Bank Regulation
BaFin: Solaris SE Must Improve Controls or Face Financial Penalties

German financial regulator BaFin said Friday (July 12) that Solaris SE faces financial...

6 hours ago
B2B Payments
How Value-Added Services are Transforming B2B Payments

B2B payments are famously never just payments, but a sophisticated combination...

6 hours ago
Retail
Report: Barneys New York Aims to Expand Product Offerings, Distribution

Barneys New York reportedly plans to expand both its product offerings...

7 hours ago
Earnings
Wells Fargo Turns to Digital, AI as Inflation Batters Deposits

Banks today are caught between an ongoing digital shift and a...

7 hours ago
Artificial Intelligence
Amazon Makes GenAI-Powered Shopping Assistant Available to All US Customers

Amazon’s generative artificial intelligence-powered conversational shopping assistant, Rufus, is now available...

8 hours ago
Retail
Paris Olympics Draws 18% More Sponsor Spending Than 2021

U.S. companies are reportedly looking to this summer’s Paris Olympics to...

9 hours ago
Earnings
JPMorgan Sees Strong Card Spend Despite ‘Weakness’ From Lower-Income Consumers

JPMorgan’s latest results, released Friday (July 12), showed that consumers continued...

10 hours ago
Security & Fraud
Almost All of AT&T’s Wireless Customers Hacked as Snowflake Breach...

The interconnected global operating landscape has never held more opportunity for...

10 hours ago
Partnerships
Army & Air Force Exchange Service, Discover Expand MILITARY STAR...

Army & Air Force Exchange Service (Exchange) has teamed up with...

10 hours ago
Security & Fraud
AT&T Says Call, Text Records of ‘Nearly All’ Customers Stolen

AT&T said Friday (July 12) that records of calls and texts...

10 hours ago
Retail
Signet Jewelers Cultivates Customer Loyalty Through Service

Signet Jewelers, the world’s largest diamond retailer, faces a distinct challenge...

11 hours ago
SMBs
SMBs’ Revenue Growth Linked to Their FIs’ Technological Capabilities

Small- to medium-sized businesses (SMBs) on Main Streets throughout the USA...

16 hours ago
Connected Economy
Winning Top Of Wallet: How Banks Compete in the Embedded...

Past performance doesn’t always guarantee future results, but it can inform...

16 hours ago
Retail
Walmart Taps Automation in Bid to Broaden Grocery Lead Over...

As Walmart looks to hold its own against Amazon’s growing lead...

17 hours ago
Connected Economy
How the World Does Digital: Italy Posts Solid Scores In...

While the Colosseum evokes gladiatorial battles, and Michelangelo’s Sistine Chapel frescoes...

17 hours ago
IPO
FinTech IPO Index Surges 3.5% on Partnership Announcements Ahead of...

Earnings season’s about to begin – on Friday, but the FinTech...

17 hours ago
Regulation
Trending: Next Steps for Apple as It Opens Its Ecosystem in...

For Apple, the iPhone and the App Store have historically been...

17 hours ago
artificial intelligence
OpenAI Defines Five Steps From AI to AGI

OpenAI has reportedly developed a way to track its progress toward building...

23 hours ago
Investments
Skild AI Raises $300 Million to Build ‘General-Purpose Brain’ for Robots

Skild AI has raised $300 million in a Series A funding...

23 hours ago
Politics
House Committee Votes to Aid Defense of TikTok Ban

The U.S. House Energy and Commerce Committee reportedly voted Thursday (July 11)...

1 day ago
Streaming
Audible Says New Royalty Model Monetizes More Content

Amazon-owned online audiobook and podcast service Audible is rolling out a new royalty...

1 day ago
CFO
Automation or Information? Reducing Uncertainty in a Changing Business Landscape

According to PYMNTS Intelligence’s recent Certainty Report, one-third of middle-market companies...

1 day ago
Acquisitions
Zone & Co Adds OCR Capabilities With Staria Flow Acquisition

Zone & Co has acquired Staria’s accounts payable (AP) automation solution, Staria...

1 day ago