April 19, 2024
This Week in B2B: Lending Innovations, AI and Digital Payments 

The B2B landscape is on the cusp of the next era in payments innovation.  As PYMNTS readers already know, this new and exciting era is being driven by an ongoing...

April 19, 2024
Making Sense of Why FIs Are Tokenizing Real-World Assets 

The tokenization of real-world assets (RWA) is emerging as more than just a token exercise. It’s another function of the blockchain landscape that has captured the imagination of various players...

April 19, 2024
German Agency Criticizes EY’s Audits of Wirecard

A German regulator has reportedly concluded that EY’s audit work and quality control regarding the now-defunct payments firm Wirecard was marked by “grave” and “repeated” violations of professional duties. The regulator, Apas,...

April 19, 2024
Banks Leverage FinTech Partnerships to Ride Digital Transformation Wave

The digital transformation of banking continues to reshape how financial institutions (FIs) are meeting the evolving expectations of consumers. And central to this evolution are partnerships, which play a pivotal...

April 19, 2024
FinTech IPO Index Gives Up 6.4% as Platforms Plummet Ahead...

If there was a theme marking the past five days of trading, after the big banks reported earnings, and as the digital lenders that populate the FinTech IPO Index showed,...

April 18, 2024
Congress Advances Earned Wage Access Bill as Popularity Grows

When is a loan not a loan? That is, in one sense, the question at the heart of proposed new federal legislation around earned wage access (EWA) that is coming on the...

April 18, 2024
Wagestream Raises $21.8 Million to Expand Financial Well-Being App

Wagestream, a financial well-being app focused on frontline workers, has raised 17.5 million pounds (about $21.8 million) in a funding round. That total includes an investment of 7 million pounds...

April 18, 2024
Equifax Says 85% of Its New Models Built With AI

Consumer credit bureau Equifax said artificial intelligence (AI) is playing an increasing role in its operations.  In announcing the company’s quarterly earnings Thursday (April 18), management noted that 70% of the new models...

April 18, 2024
Walmart-Backed Ibotta Sees Share Price Leap 33% in Market Debut

Ibotta shares leapt 33% during their debut on the New York Stock Exchange (NYSE) on Thursday (April 18). The stock debuted at $117 per share after pricing at $88 per...