For years, merchant services centered on moving money from cardholder to business. The current earnings season gives proof that business has become far broader, encompassing everything from payments to back-office efficiency. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Revolut is offering employees across all departments 1,000 pounds (about $1,330) if they bring businesses to the digital bank as it expands its business banking offerings, Bloomberg reported Friday (May 15), citing a memo sent to staff by Revolut CEO Nik Storonsky. Get the Full...
European neobank Bunq filed for a Mexican banking license, saying it aims to serve the growing number of global citizens within, and with ties to, Mexico. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
HSBC responded Friday (May 15) to a media report that it paused a $4 billion investment in its private credit funds, saying it remains committed to that business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Cryptocurrency and prediction markets platform Gemini Space Station received a $100 million strategic investment from Winklevoss Capital Fund, which is owned by Gemini founders Tyler Winklevoss and Cameron Winklevoss. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Picture a flea market the size of a small country. Every stall is run by a different person. Every item is one of a kind. Now imagine walking in and knowing, within seconds, exactly where to go. That is what Etsy is building. And the...
Artificial intelligence is becoming part of the everyday operating system of financial services, from fraud detection and identity checks to customer service and transaction monitoring. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
CFOs are asking more of their B2B payments. And for the first time, B2B payments can deliver. Digital innovations like virtual cards and embedded payments have transformed accounts payable (AP) and accounts receivable (AR) from back-office functions into a dynamic cash flow management engine. Get...
OpenAI may raise more capital, Chief Financial Officer Sarah Friar said Friday (May 15), about six weeks after the company closed a funding round in which it raised $122 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
