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 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
Big Innovations Powering Small Business Growth Dominate This Week in...
It is National Small Business Week in the U.S., and the spotlight is on business-to-business (B2B) innovation. That’s why PYMNTS spent Monday (April 29) unpacking how small businesses with big ambitions are turning...
May 02, 2024
Private Equity Firm Permira Acquires Majority Stake in Fraud Prevention...
Private equity company Permira has acquired a majority stake in Israeli fraud/financial crime prevention provider BioCatch. The agreement, announced Thursday (May 2), values BioCatch at $1.3 billion, and comes amid a...
May 02, 2024
Chase Debuts Tools for Small Business Payment Pain Points
Chase introduced a series of payments-oriented tools aimed at small- to medium-sized businesses (SMBs). The new tools include offerings to help SMB owners electronically create and send invoices and gain better insight into customers, the banking...
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
Payment Innovations Help Small Businesses Navigate the Main Street Maze
Payments are the lifeblood of any business, but for small businesses, they are particularly crucial. And with the news that, in the last 12 months, Main Street businesses have operated...
May 01, 2024
Payments FinTech SumUp Gets $1.6 Billion Private Credit Loan
British payments FinTech SumUp is reportedly looking to expand following a $1.6 billion loan. The private credit package will allow SumUp “to refinance existing debt, as well as have firepower to take advantage...
May 01, 2024
Insurance Sector Moves Digital-First to Support Shifts in Buyer Behavior
The insurance industry, often perceived as lagging in innovation and adapting to consumer needs, is undergoing a notable transformation. Traditionally reliant on agents for product sales, the industry is seeing...
With nearly half of CU executives saying a lack of resources prevent them from bringing innovations to market, CUs are stuck piloting the digital innovations their members crave — and are willing to switch FIs for. The rise of strategic mergers is a way that some CUs are exploring to pool resources, innovate and drive scale. Read more in the “Credit Union Tracker®,” a collaboration with PSCU.
