May 02, 2024
Data Revolution Adds Stability to Uncertain Financial Transactions
In the new PYMNTS eBook, “The Implications of Uncertainty,” Thredd Chief Administrative Officer Oliver Dean explores how data analytics and AI have transformed the card payments industry. Continued uncertainty...
May 01, 2024
DoorDash Reports Record-High Orders as Consumers Seek Digital Solutions, Convenience
DoorDash set new company records across several metrics in the first quarter as it continued to expand its services into new segments of the local retail economy. The on-demand delivery aggregator...
May 01, 2024
Upwork Believes AI is the Future of Work
Against a challenging macro backdrop, freelance work matters more than ever. And the innovations that support those freelancers have taken on a new prominence. That’s the tack that Upwork executives...
May 01, 2024
Nearly One-Third of Healthcare Providers Are Waiting for $100K+ in...
Late business-to-business (B2B) payments aren’t just a headache for the people in the accounts receivable (AR) department; for some businesses, past due payments can mean the difference between success and insolvency. AR...
May 01, 2024
Lemonade Sees AI Drive Efficiency as Insurance Goes Digital-First
Digital insurance platform Lemonade said its AI investments continue to bear fruit. The company’s latest shareholder letter — while reporting a 25% increase in total revenues and a $47 million net loss, an...
May 01, 2024
Report: Block Faces DOJ Probe Over Alleged Compliance Lapses
Block, owner of Cash App and Square, is reportedly facing a Department of Justice investigation. Federal prosecutors are in discussions with an ex-employee about allegations of widespread compliance failures at Cash App and Square going back years, NBC News...
May 01, 2024
Unimarket Introduces ‘AP Payments as a Service’ for US Customers
Unimarket has introduced its fully managed accounts payable (AP) payments service, Unimarket Payments, to the United States. This service, which optimizes, monetizes and secures the entire payment life cycle, is now available to...
May 01, 2024
CVS Q1 Earnings Take A Hit From Insurance Venture
The volatile consumer healthcare sector showed up big in CVS’ Q1 earnings Wednesday (May 1), with solid revenue from its store operations but a warning about revenue projections due to its...
May 01, 2024
Peacock’s Price Hike Hints at Delicate Balancing Act for Streaming...
Peacock, the streaming service owned by Comcast’s NBCUniversal, continues to demonstrate strong appeal, with management revealing during a Thursday (April 25) Q1 earnings call that it added 3 million new paid subscribers in...
GenAI is rapidly gaining traction in the financial services sector, but executives worry about the risk of spreading financial misinformation and exposing sensitive data to security breaches. The latest “Generative AI Tracker®,” a collaboration with AI-ID, examines what experts and bankers say is needed to get bankers over the hump.