LoanDepot’s investment in digital transformation and other growth and efficiency initiatives delivered positive results in the first quarter, Founder and CEO Anthony Hsieh said Tuesday (May 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
As embedded finance providers race to move beyond standalone debit cards, Marqeta’s latest earnings on May 5 showed how card issuing platforms are being asked to support a broader mix of lending, buy now, pay later (BNPL) and credit-building products on a global scale. Get...
Fiserv is characterizing 2026 as a transition period amid a drop in revenue. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
Shopify is the only platform simultaneously powering selling inside ChatGPT, Microsoft Copilot and Google from one system of record. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
HSBC took a $400 million expected credit loss (ECL) in the first quarter due to what it called “fraud-related, secondary, securitization exposure with a financial sponsor in the UK” in the bank’s Corporate and Institutional Banking (CIB) business, according to a Tuesday (May 5) earnings...
PayPal’s first-quarter earnings announcement, conference call commentary and guidance Tuesday (May 5) described a company in the midst of an overhaul. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Earnings from Porch Group and Lemonade show artificial intelligence (AI) moving into core insurance functions, with measurable effects on claims handling, underwriting and distribution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Global alternative investment manager Ares Management raised $30 billion in the first quarter, a figure that was up more than 45% year over year and marked a first-quarter record for the company. Get the Full Story Complete the form to unlock this article and enjoy...
Artificial intelligence (AI) and influencers helped Wayfair outperform the home furnishings category during the first quarter, Niraj Shah, the company’s CEO, co-founder and co-chairman said during a Thursday (April 30) earnings call. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
