News

Cross-border Payments
Remittance Tax Critics Warn of Unintended Consequences
June 03, 2025

The “One Beautiful Bill” that’s made its way through the House and now is up for debate (and possible changes) in the Senate will have a significant impact on the remittance industry — and perhaps some unintended consequences. Get the Full Story Complete the form...

Artificial Intelligence
OpenAI Aims to Develop and Distribute ‘Super-Assistant’
June 03, 2025

OpenAI reportedly plans to turn ChatGPT into a “super-assistant” that is personalized to each user and available to them via the chatbot’s website, the company’s native apps, phone, email and third-party resources like Apple’s Siri. Get the Full Story Complete the form to unlock this...

Artificial Intelligence
How Lidl Used GenAI to Fuel a Viral Grocery Marketing Campaign
June 03, 2025

Grocery giant Lidl France, in collaboration with creative agency Marcel Worldwide, turned to generative artificial intelligence (GenAI) to power a viral marketing campaign. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
FinTech OatFi Raises $24 Million for B2B Embedded Financing Platform
June 03, 2025

OatFi said it has raised $24 million in a Series A round to build a B2B credit network. 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...

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...