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...
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...
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...
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...
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...
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...
Stablecoin issuer Circle upsized its initial public offering (IPO) Monday (June 2), raising the expected price from the $24 to $26 per share it announced Tuesday (May 27) to $27 to $28 per share. Get the Full Story Complete the form to unlock this article...
A burst of announcements, from Visa’s “buyer-protected” account-to-account (A2A) service in the U.K. to fresh funding for variable recurring payments, has pushed bank-to-bank transfers back onto corporate agendas. Yet the vocabulary can feel like alphabet soup. Below is a glossary that puts the main terms...
Chime Financial launched the roadshow for its initial public offering (IPO). 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...
