Debt
Fed Data Shows Credit Card Balances Decline in Q1, but 90-Day Delinquencies Surge
May 13, 2025

The latest data on household debt from the Federal Reserve Bank of New York, released Tuesday (May 13), indicated that consumers paid down some of their credit card debt in the first quarter of 2025. Get the Full Story Complete the form to unlock this...

artificial intelligence
Forget Browsing. The Agentic AI Internet of Tomorrow Will Find You First
May 13, 2025

Artificial intelligence (AI) could soon herald the biggest internet shake-up since dial-up gave way to WiFi. 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...

Acquisitions
Coupa Acquires Cirtuo to Add Category Management to Spend Management Platform
May 13, 2025

Coupa said Tuesday (May 13) that it has acquired Croatia-based Cirtuo to accelerate its roadmap for autonomous spend management. 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...

Partnerships
Nuvei and Quadient Launch Cloud Payments Partnership
May 13, 2025

Automation platform Quadient has launched a partnership with payments company Nuvei. 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...

Acquisitions
ICapital to Acquire Citi Global Alternatives and Collaborate With Citi Wealth
May 13, 2025

Global FinTech platform iCapital said Tuesday (May 13) that it will acquire Citi’s indirect subsidiary, Citi Global Alternatives. 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...

Personnel
Microsoft to Cut 3% of Workforce While Reducing Management Layers
May 13, 2025

Microsoft is reportedly laying off 3% of its workforce, or about 6,000 employees, to reduce the number of management layers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Payroll
Chime Lets Payroll Offices Get Better View With PayTV
May 13, 2025

Chime Enterprise has introduced a tool to provide payroll teams with better data. 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...

Earnings
Paysafe ‘Very Bullish’ on LatAm Digital Wallet Usage
May 13, 2025

Paysafe says it expects good things from Latin America amid the region’s FinTech boom. 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...

Fraud Prevention
Plaid Updates Identity Verification to Combat GenAI Fraud
May 13, 2025

Plaid has updated its identity verification (IDV) product to counter the threat posed by fraudsters who use generative artificial intelligence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....