May 03, 2024
Coinbase Wants to Prove Crypto’s Utility With Cheaper Payments
Coinbase, the largest U.S.-based cryptocurrency exchange, is ultimately a crypto story. And like all crypto stories, it has its downs — and its wild ups. Coinbase reported earnings per share of $4.40 Thursday (May 2),...
May 03, 2024
Platforms Rally to Push FinTech IPO Index 3% Higher
A 3% gain in the FinTech IPO Index this past week was led by the platforms. And in many cases, those firms have yet to report earnings — so, perhaps,...
May 03, 2024
Real-Time Payments Set to Soar in US With Cloud Solutions
Real-time payments continue their rapid expansion worldwide, bolstered by widespread support from banks, corporations and governments alike. This edition of the “Real-Time Payments World Map” highlights the latest news and...
May 02, 2024
Block Sees Both Banking and Bitcoin Driving Future Growth
Block, owner of Cash App and Square, is also a huge owner of bitcoin. This, as the company’s latest first quarter 2024 earnings results revealed that the company’s $200 million investment in bitcoin grew by around...
May 02, 2024
Chase’s New SMB Offerings Point to Appeal of Ad Hoc...
In B2B interactions, faster payments — especially ad hoc payments — may prove to be a competitive advantage. PYMNTS Intelligence found that non-recurring payments represent roughly a quarter of total accounts payable volume. One-third...
May 02, 2024
Orum Debuts ‘No Code Verify’ to Combat Failed Payments
Payments firm Orum has debuted a tool to help clients prevent failed payments. No Code Verify, announced Thursday (May 2), lets businesses and institutions determine if a bank account is open and...
May 02, 2024
Tuza Raises $5 Million for Business Card Payments Comparison Site
London-based Tuza secured 4 million pounds (about $5 million) in seed funding for its platform that brings price comparison to card payments in the United Kingdom. The company, which was formerly known...
May 02, 2024
Are Real-Time Payments Near an Inflection Point? Bank of America...
Use cases for real-time payments have never been a source of argument, even among detractors. The ability to speed bill payment and peer-to-peer flows, as well as move money instantly, has been...
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...
Activity in the global real-time payments landscape remains strong, with NetXD’s cloud solution aiding the smooth onboarding and integration of banks onto the RTP® network in the U.S., while in Canada, the eagerly awaited Real-Time Rail payment system steadily advances toward completion and launch. This edition of the “Real-Time Payments World Map,” a collaboration with The Clearing House, examines the latest developments fueling the rapid expansion of instant transactions worldwide.
Being a truck driver is an essential job in the connected economy, and many must pay for gas and maintenance upfront, before payday. PYMNTS Intelligence’s latest 19-page study, “Generation Instant: How Truckers Use Instant Payments to Support Their Lifestyles,” a collaboration with Ingo Payments, examines the role of instant payments to keep more truckers on the road.