April 25, 2024
Mastercard Debuts Enhancements to FinTech Express and Engage Programs
Mastercard is introducing a card issuance function for its FinTech Express platform. The payments giant made that announcement Thursday (April 25) as part of a broader rollout of enhancements to FinTech...
April 25, 2024
Upstart Unveils Custom Loan Tool for Banks and CUs
Lending marketplace Upstart has debuted a tool to help lenders offer customized loan offers. That tool, dubbed Recognized Customer Personalization (RCP), lets banks and credit unions (CUs) identify when a customer is actively seeking...
April 25, 2024
GoDaddy Debuts Pocket-Sized POS for Small Businesses
Web provider GoDaddy has introduced a smaller point-of-sale (POS) tool for small businesses. Smart Terminal Flex, announced Thursday (April 25) is designed to fit inside an apron pocket while still helping businesses...
April 25, 2024
American Airlines Marks Record Quarter Amid Corporate Travel Snapback
Business travel is on a steady ascent, aligning with the resurgence observed in the leisure travel sector over the past three years. On Thursday (April 25), American Airlines announced a record...
April 25, 2024
Best Buy Forms Retail Media Partnership With CNET
Best Buy has launched a retail media partnership with consumer technology publication CNET. The collaboration is designed to help brands reach larger audiences of “high intent” shoppers at a time when many consumers...
April 25, 2024
This Week in B2B: Enterprise Metaverses, AI Accountants, Virtual Cards
Innovation is a key factor in any company’s ability to succeed in the long run. And so are the ways in which they pay and get paid. That’s why, within...
April 25, 2024
Meta’s AI Spending Plans Leave Investors Unnerved
Wall Street investors are reportedly uneasy about Meta’s multi-billion-dollar artificial intelligence (AI) plans. The company’s stock fell 15% in early trading Thursday (April 25), Bloomberg News reported, despite CEO Mark Zuckerberg’s efforts...
April 25, 2024
Digital Vehicle Wallets Shift Connected Car Payments Into Overdrive
The golden rule for payments is to put yourself in the end users’ place. That’s because in payments, as in life and business, innovation is the key to unlocking new...
April 25, 2024
Connected Consumer Data Provides Solid Growth Strategy for Merchants
Businesses that use data strategically can unlock opportunities, fuel growth and reduce risk, Jeff Pomeroy, SVP and head of Omnicommerce at Carat from Fiserv, writes in the new PYMNTS eBook,...
Generative AI’s use in the telecommunications industry is increasing, with 87% of telecom executives seeing its potential to enhance customer relations and experience, but 68% of telecoms also admit they are insufficiently addressing the risks associated with the technology. The latest edition of the “Generative AI Tracker®,” a collaboration with AI-ID, examines why three-quarters of telecoms see a need to do more to combat AI fraudsters, underscoring the tension between innovation and robust security.
Forty-six percent of FIs say the fraud risks of providing open banking outweigh the benefits, but the share of skeptics rises to 57% among FIs that experienced increased fraud. PYMNTS Intelligence’s latest study of 200 FI execs, “How Fraud Fears Impact FIs’ Adoption of Faster Payment Solutions,” a collaboration with Hawk AI, details why FIs are cooling toward open banking but staying the course on real-time payments.