Five Below’s second quarter results spotlighted a resilient consumer, as comparable sales surged 12.4% year over year. Management noted during commentary with analysts that transactions and ticket sizes both increased, up a respective 8.7% and 3.4%. Get the Full Story Complete the form to unlock...
The City of Baltimore lost over $803,000 when a fraudster diverted two of the city’s electronic fund transfer (ETF) payments intended for a vendor to another bank account. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Few companies in history have experienced a revenue trajectory as dramatic as Nvidia’s over the past two years. 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...
Auditoria.AI said Wednesday (Aug. 27) that it enhanced its intelligent applications for corporate finance during the first half of the year by adding a new artificial intelligence (AI) agent and by forming new enterprise resource planning (ERP) partnerships. Get the Full Story Complete the form...
Chase is encouraging its customers who receive paper checks from the government to enroll in direct deposit as the U.S. Treasury’s Sept. 30 deadline for the phaseout of paper checks for most federal payments nears. Get the Full Story Complete the form to unlock this...
Artificial intelligence startups Anthropic and OpenAI said Wednesday (Aug. 27) that they evaluated each other’s public models, using their own safety and misalignment tests. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Google’s Layer 1 blockchain will provide a neutral infrastructure layer for use by financial institutions, Google Cloud Head of Strategy, Web3 Rich Widmann said Tuesday (Aug. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
When the Consumer Financial Protection Bureau posts a notice in the Federal Register, the language is usually dense, procedural and, at least for some, easy to overlook. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Circle and Paxos Trust reportedly devised a way to help companies verify digital asset holdings. 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,...
