February 28, 2023
Goldman’s Detour From Main Street Consumers Shows Challenges of Digital...
For Goldman Sachs, the journey down Main Street now seems like an ill-advised detour. As reported here, the white-shoe investment bank is mulling what’s next for its consumer business — and the...
February 28, 2023
Sezzle Looks to Drive Revenue After ‘Watershed’ 2022
Sezzle is looking to drive revenues after ending a challenging 2022 on a high note. The buy now, pay later (BNPL) provider released quarterly earnings figures Tuesday (Feb. 28) that...
February 27, 2023
Payments Data Platform Pagos Raises $34M to Build Out Its...
Payments intelligence platform Pagos announced an oversubscribed $34 million Series A fundraise on Monday (Feb. 27) as investors bet on the value of providing deeper data insights into payments. Pagos...
February 24, 2023
Microsoft’s Metaverse Retrenchment Shows Pitfalls of Predicting Next Big Thing
While Meta takes a monthly billion-dollar haircut on its metaverse strategy, Microsoft is also struggling. At least as it relates to the here-by-tomorrow potential of metaverse virtual world platforms, the use-case realities...
February 22, 2023
Fines, Interest Rate Hike Set 2023 Tone as UK Big...
In this report, PYMNTS takes a look at the 2022 full-year performance of the U.K.’s “Big Four” banks — Barclays, HSBC, Lloyds and NatWest. Barclays Barclays started 2023 on a...
February 15, 2023
Citizens Bank Picks Paymentus for Electronic Bill Pay
Citizens Bank has chosen Paymentus to provide payment services for its retail banking customers. The partnership will see Paymentus offer its Bill Center and Loan Payments tools to Citizens’ customers, the company said...
February 13, 2023
US Tech Layoffs Shrink ‘Trust & Safety’ Teams Endangering Compliance
Social media companies have slashed hundreds of content moderation jobs. The string of firings has been part of the ongoing wave of tech layoffs, and has now stoked fears among...
February 02, 2023
Asian Development Bank: $2 Trillion Financing Gap Is Holding Back...
A “huge financing gap,” estimated at $2 trillion globally, is holding back international trade. Steven Beck, head of trade and supply chain finance program at the Asian Development Bank (ADB),...
February 01, 2023
Citizens Makes Zelle Available to Businesses Through Mobile Banking App
Citizens is now making Zelle available to small business customers through its mobile banking app. The financial institution said in a Wednesday (Feb. 1) press release that the peer-to-peer (P2P)...