News

Cross-border Payments
Reports: HSBC Shuttering Cross-Border Payments App Zing
January 23, 2025

Just one year after its launch, HSBC’s cross-border payments mobile app is no more. 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...

Artificial Intelligence
European CEOs Call for Investment in AI Infrastructure
January 23, 2025

President Donald Trump’s announcement of Stargate, a $500 billion investment in artificial intelligence infrastructure, reportedly spurred calls for a similar initiative in Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Gray Is the New Gold: Luxury Brands Target Aging Wealth
January 23, 2025

In 2025, are luxury brands waking up to the untapped potential of older consumers — a demographic that has long been sidelined in favor of younger, trend-driven shoppers? Will this be a leading trend for retailers this year? Get the Full Story Complete the form...

Social Commerce
LinkedIn: Proposed Class Action Lawsuit’s Claims Have ‘No Merit’
January 22, 2025

Editor’s Note: PYMNTS reported Jan. 22 about a proposed class action lawsuit filed against LinkedIn. As reported, a LinkedIn spokesperson said at the time: “These are false claims with no merit.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Davos ‘Intelligent Age’ Blueprint Highlights B2B Innovation Trajectory
January 22, 2025

Intelligence abounds in the 2025 B2B landscape. But it still takes some smarts to know how to use it. 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...

Investments
Qomodo Raises $14.1 Million to Offer BNPL to Italian Brick-and-Mortar Merchants
January 22, 2025

Milan-based Qomodo has raised 13.5 million euros (about $14.1 million) in a Series A funding round to continue developing solutions like buy now, pay later (BNPL) and SmartPOS for Italian merchants. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Databricks Hopes to Build on AI Offerings With $15 Billion Fundraise
January 22, 2025

Data and artificial intelligence firm Databricks is now a $62 billion company. 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...

B2B Payments
Ramp Adds Treasury Solution to Financial Operations Platform
January 22, 2025

Ramp has added a treasury solution to its financial operations platform. 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...

Regulation
UK’s FCA Proposes Removing Contactless Limit to Allow ‘Greater Flexibility’
January 22, 2025

The U.K.’s Financial Conduct Authority may remove the 100-pound (about $123) contactless limit and “set new digital service standards” as part of its efforts to support the government’s growth mission. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...