Aeropay Raises $20 Million for Pay-by-Bank Offering
Aeropay Raises $20 Million for Pay-by-Bank Offering
May 16, 2024  |  Investments

Digital payments company Aeropay has raised $20 million in new financing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Shoppers Spend Twice as Much with General Purpose Credit Card Installment Plans than BNPL
Shoppers Spend Twice as Much with General Purpose Credit Card Installment Plans than BNPL
May 16, 2024  |  BNPL

Pay later plans break up the cost of purchases into smaller scheduled payments over time. These plans have gained popularity with consumers. However, PYMNTS Intelligence...

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Labor Dept Reports Initial Jobless Claims Drop by 10K
Labor Dept Reports Initial Jobless Claims Drop by 10K
May 16, 2024  |  Economy

The number of initial claims for unemployment insurance dropped by 10,000 during the week ended Saturday (May 11), reversing about half of the increase that...

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Supreme Court Ruling on CFPB Paves Path for Open Banking
Supreme Court Ruling on CFPB Paves Path for Open Banking
May 16, 2024  |  CFPB

Reading the Thursday (May 16) Supreme Court ruling upholding the constitutionality of the Consumer Financial Protection Bureau’s funding mechanisms — and ensuring the agency’s survival — takes one through centuries of...

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Dwolla and Visa Partner on Account Verification for Pay-by-Bank
Dwolla and Visa Partner on Account Verification for Pay-by-Bank
May 16, 2024  |  B2B Payments

Dwolla and Visa have partnered to make it easier for mid- to enterprise-size businesses to use pay-by-bank to pay and get paid. Get the Full...

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AI Money: Earnings Reports Show a Tech Firm Bonanza
AI Money: Earnings Reports Show a Tech Firm Bonanza
May 16, 2024  |  artificial intelligence

Tech companies are cashing in on the artificial intelligence (AI) boom, with first-quarter results showing surging demand for everything from voice assistants to cloud computing....

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Yendo Raises $165 Million for ‘Vehicle-Secured’ Credit Card
Yendo Raises $165 Million for ‘Vehicle-Secured’ Credit Card
May 16, 2024  |  Investments

Yendo, a FinTech offering a credit card tied to users’ car equity, is $165 million richer. Get the Full Story Complete the form to unlock...

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Visa and SKUx Team to Promote Digital Consumer Payments
Visa and SKUx Team to Promote Digital Consumer Payments
May 16, 2024  |  Digital Payments

Visa has launched a collaboration with digital payments company SKUx. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Lawmakers Urge Regulators to Make Financial Data More Accessible
Lawmakers Urge Regulators to Make Financial Data More Accessible
May 16, 2024  |  Regulation

Members of Congress from both houses and both parties sent a letter Tuesday (May 14) to the heads of eight federal financial regulatory agencies, urging them to implement the Financial...

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