The pain of using checks in B2B transactions is now starkly apparent. Sezzle CEO Charlie Youakim told Karen Webster that buyers and suppliers are actively looking to replace the paper check with digital conduits that get payments done more quickly — and in a cost-effective...
America’s banks are in a steadier place than they were in 2008. But according to a recent Federal Reserve report, that doesn’t mean they’re completely healthy. Writing on the Liberty Street Economics blog last week, the Federal Reserve Bank of New York noted that this year’s banking crisis...
Digital banking solutions provider Alkami is offering clients access to Plaid’s application programming interface (API). The new offering, announced Thursday (Nov. 9) lets Alkami’s financial institution (FI) clients benefit from the API from Plaid, whose data network that powers more than 8,000 financial services and apps. “This is a first-to-market...
As restaurants and others in the hospitality space look for ways to boost retention, PYMNTS Intelligence reveals that instant tip payouts can go a long way — so much so, that many in the industry would even be willing to pay a fee to be...
As retailers and third-party players alike compete for consumers’ online grocery spending, Instacart maintains that its scale protects it from facing too much competition from even larger grocers’ in-house fulfillment efforts. As the grocery aggregator’s Chief Executive Officer Fidji Simo told analysts Wednesday (Nov. 8), on the...
Generative artificial intelligence (AI) just keeps getting bigger. When you have a successful tech innovation, frequently, the next commercial step is to turn it into a platform. Right now, the AI landscape is more of an ecosystem — but coming out of OpenAI’s Developer Day on...
It’s commonplace to mention Uber and Lyft in the same breath in any conversation about the great travel snapback. As earnings reports through the past few days have shown, the rising tide of travel demand has lifted the core business of both companies. But the...
By partnering with major grocers such as Albertsons, contextual commerce platform Chicory is expanding eGrocery audiences, enabling retailers to reach new customers across more parts of their web browsing routines. In an interview with PYMNTS following the platform’s announcement of its partnership with the grocery giant, Nick Minnick, vice president of...
Artificial intelligence isn’t changing just one thing; it is changing everything. Companies in safety-critical areas like finance, healthcare and the security sector are moving carefully in developing and integrating the technology. After all, if AI goes wrong — it can go quite wrong — at...
