News

Faster Payments
Instant Payments Drive Profits for the Small Restaurants That Use Them
May 31, 2024

Forty percent of the independent mom-and-pop restaurants in the U.S. that generate $10 million or less annually now use instant payment rails as their primary method to send funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Digital Banking
Revolut to Expand in Asia-Pacific, Build on Success in Australia
May 31, 2024

London-based FinTech company Revolut has reportedly set its sights on the Asia-Pacific (APAC) region for its global expansion strategy. 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...

CFPB
CFPB Sues PHEAA, Alleging Illegal Collections on Student Loans
May 31, 2024

The Consumer Financial Protection Bureau (CFPB) has sued student loan servicer Pennsylvania Higher Education Assistance Agency (PHEAA), alleging that it collects on loans that borrowers do not owe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Artificial Intelligence
Apple to Jumpstart Siri With Advanced AI, Enabling Voice Control of Apps
May 31, 2024

Apple is gearing up to give its digital assistant, Siri, an artificial intelligence-powered upgrade, potentially posing a challenge to Amazon’s dominant Alexa. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Fintech Extends Automated Invoice Processing Capabilities to All B2B Transactions
May 31, 2024

Financial Information Technologies (Fintech) has expanded its platform’s automated invoice processing capabilities to include all B2B transactions. 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...

Social Commerce
TikTok Shop Puts European Plans on Hold, Concentrates on US
May 31, 2024

TikTok has reportedly decided to put its plans for expanding its eCommerce business in major European markets on hold. 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...

Risk Management
Treasury Management Playbook Dials Up New Cash Flow Strategies
May 31, 2024

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 agree to receive marketing communications from PYMNTS and...

Payments Innovation
Bank of America: Collaboration and Innovation Will Drive the Future of Payments
May 31, 2024

Payments modernization, depending on the financial services company, will be synonymous with upgrades. 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....

Fintech Investments
FinTech IPO Index Gains 1.2% as MoneyLion and Sezzle Surge
May 31, 2024

Earnings dragged down several names in the FinTech IPO Index, but the overall performance was positive, up 1.2%. 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...