OppFi saw its total net originations decrease 7% in the first quarter as the company tightened credit and as larger tax refunds reduced its customers’ need for loans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Adyen’s processed volume increased 21% year over year in the first quarter to reach €382 billion (about $449 billion), showing continued resilience in consumer spending, the company said in a first-quarter business update released Wednesday (May 6). Get the Full Story Complete the form to...
The FinTech landscape is undoubtedly a mature one these days. But as Chime Financial’s first quarter 2026 earnings call Wednesday (May 6) revealed, that doesn’t mean that firms can’t still achieve scale without abandoning growth, or that both scale and growth are ever risk-free. Get...
A decade of grocery data sits under Instacart’s platform, and the company is now turning it into an artificial intelligence system that plans meals, builds your basket and predicts what shoppers forgot. Get the Full Story Complete the form to unlock this article and enjoy...
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...