August 04, 2023
Alphabet Reduces Stakes in Robinhood, Duolingo and 23andMe
Alphabet, Google’s parent company, has sold off portions of its shares in several publicly traded companies. Among them are the trading platform Robinhood, in which Alphabet sold more than 4.3 million...
August 04, 2023
Banks and Merchants Look to Receipts for Data That Drives...
A sticky customer base makes for a happy business. And the technical opportunities and innovations embedded across today’s data-rich operating landscape are helping financial institutions, FinTechs and merchants unlock more...
August 04, 2023
Credit Union – August 2023
Credit Union – August 2023
August 04, 2023
Strategic Mergers Help Credit Unions Survive — and Thrive —...
Credit unions have long occupied a specific market niche within the financial industry. CUs favor more personalized and member-focused services than their bank counterparts but typically operate on a much...
August 03, 2023
Payment Problems Create Headaches for Patreon Creators
A pair of seemingly unrelated payment issues are bedeviling Patreon creators and their fans. As The Verge reported Thursday (Aug. 3), some creators cannot access their earnings due to an issue with a payout...
August 03, 2023
Petal Secures $200 Million to Expand Credit Card Program
Petal is preparing to expand its credit card program after securing a $200 million debt facility. The FinTech announced the funding — from investment firm Victory Park Capital — in a news...
August 03, 2023
LegalZoom Launches Online Accounting Solution for Solopreneurs
LegalZoom has launched an online accounting solution designed specifically for solopreneurs. The new LZ Books was built to help these emerging entrepreneurs manage their books, secure new work and better prepare for tax...
August 03, 2023
ACI Worldwide: US to See ‘Fourfold’ Increase in Real-Time Payments
With the expanded use of the new FedNow service, real-time payments software company ACI Worldwide expects to see instant payments use rapidly grow in the U.S. “We’re currently working with many domestic...
August 03, 2023
Social Media Shoppers Are Minority but Highly Satisfied
Fourteen percent of consumers, representing approximately 36 million shoppers, buy items through social media. However, as illustrated in “Tracking the Digital Payments Takeover: Monetizing Social Media,” a PYMNTS and Amazon...
One-Third of Credit Union Members Would Leave for Better Credit Products
Consumers are on the hunt for better access to credit and financing, and they’re not afraid to shop around to find the FI providing the lowest rates and most convenient offerings. PYMNTS’ latest study of more than 4,000 consumers and 154 FinTech and CU execs reveals what CUs can do to win — and keep — consumers’ business. Read more in Credit Union Innovation: How Credit Products’ Rates and Terms Impact FI Selection,” a collaboration with PSCU.