News

Cross-border Payments
Overcharged and Underserved: Remitly’s New CEO Sees a Big Opening in Cross-Border Payments
May 07, 2026

Watch more: Need to Know With Remitly’s Sebastian Gunningham 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,...

B2B Payments
Mastercard Pushes Virtual Cards Beyond Payables
May 07, 2026

In a business environment defined by uncertainty, financial control is no longer just something appealing operationally. It is becoming a measurable competitive advantage. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Social Commerce
Snap and Perplexity Cancel AI Integration Plans
May 06, 2026

Snap and Perplexity said Wednesday (May 6) that they amicably ended a partnership that would have integrated Perplexity’s artificial intelligence-powered answer engine into Snap’s Snapchat social media platform, The Wall Street Journal (WSJ) reported Wednesday. Get the Full Story Complete the form to unlock this...

Delivery
DoorDash Grocery Growth Fuels 37% Marketplace Sales Jump
May 06, 2026

DoorDash used its first-quarter earnings call to press the same argument it made in Q4. The next leg of competition in local commerce runs through whoever delivers the best end-to-end experience. CEO Tony Xu said customers judge platforms on whether they got the exact item...

eCommerce
Pattern’s Non-Amazon Sales Surge 119% on TikTok and Walmart Growth
May 06, 2026

As artificial intelligence-powered shopping tools and social commerce platforms redraw online retail, Pattern Group executives said they are positioning the company at the center of that shift as its partner brands look to grow sales online. Get the Full Story Complete the form to unlock...

Investments
Robinhood Opens Private Markets to 150,000 Retail Investors
May 06, 2026

Robinhood’s first fund designed to expand retail investors’ access to private markets has drawn 150,000 retail investors, Robinhood CEO Vlad Tenev said Tuesday (May 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Kraft Heinz Slashes Prices as Consumer Affordability Hits Breaking Point
May 06, 2026

Kraft Heinz CEO Steve Cahillane said his company is focused on lowering prices because consumers are having trouble paying their bills. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
Big Tech’s Personal AI Agents Are Coming for the to-Do List
May 06, 2026

Google and Meta are building personal artificial intelligence agents, moving at the same time toward the same idea of an assistant that operates in the background, handles tasks without being asked twice, and gets sharper at anticipating needs the longer it runs. Get the Full...

Cross-border Payments
Visa Canada and RemitBee Team to Simplify Cross-Border Payments
May 06, 2026

Visa Canada launched a collaboration with remittance-focused FinTech platform RemitBee, according to a Wednesday (May 6) press release. 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...