News

Payments Innovation
GoodLeap Introduces Payments Product for Contractors
June 03, 2025

GoodLeap has introduced a comprehensive payments product for contractors. 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. By completing this form, you...

B2B Payments
ERPs Find New Home on Main Street as SMBs Tackle Uncertainty
June 03, 2025

For much of business history, enterprise resource planning (ERP) systems were the exclusive domain of Fortune 500 giants with deep pockets. The reason? These crucial pieces of enterprise architecture traditionally required long timelines, and teams of consultants ready to wrestle monolithic software into submission in...

Payments Innovation
Point & Pay Integrates Trustly’s Pay-by-Bank Tools for Government Payments
June 03, 2025

Point & Pay, a payment processing provider for government agencies, has integrated Trustly’s pay-by-bank tools to enable single sign-on with banks when paying government obligations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Payments Innovation
One-Tap Payment Switch Gives Banks the Edge in Account Primacy
June 03, 2025

Paying bills and managing subscriptions are mainstays of financial life — even a daily task, for many consumers. However, updating payment methods has traditionally been riddled with pain points and friction. For merchants and other providers, a hitch in the process translates into a loss...

eCommerce
Report: Temu Loses 58% of US Daily Users Due to Tariffs
June 02, 2025

Temu reportedly lost 58% of its eCommerce platform’s daily U.S. users in May after the U.S. ended the de minimis exemption on imported goods from China on May 2. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Payment Methods
Zilch Partners With Visa to Launch Physical Payments Card
June 02, 2025

London-based Zilch, an ad-enabled payments technology company that provides virtual payment cards to one in seven U.K. working adults, is set to launch its first physical payments card in September. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Artificial Intelligence
Meta to Use GenAI to Automate Ad Creation and Targeting
June 02, 2025

Meta Platforms plans to create and target advertisements using artificial intelligence by the end of 2026. 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...

Banking
3 Takeaways as Enforcement Actions and Data Breaches Roil BaaS Models
June 02, 2025

As nonbank enterprises offer financial services, aided by traditional financial institutions and FinTechs, the emergence of the banking-as-a-service (BaaS) model has promised to transform lending and platforms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Artificial Intelligence
Reports: xAI Launches $5 Billion Debt Sale and $300 Million Share Sale
June 02, 2025

Elon Musk’s artificial intelligence company, xAI, reportedly launched a $5 billion debt sale and a $300 million share sale. 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...