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News & Trends

Personnel
AI Startup Perplexity Adds Ex-Uber and Bing Execs as Advisers

Artificial intelligence (AI) startup Perplexity has added three new advisers. They include Emil...

31 mins ago
B2B Payments
This Week in B2B Innovation: Globalization, Digitization and Better Payments 

The B2B landscape is built atop a foundation of innovation designed...

55 mins ago
Meta
Threads Testing ‘Pinned Columns’ Feature on Web Application

Threads is testing “pinned columns” on its web application. Mark Zuckerberg,...

2 hours ago
Fraud Prevention
Proof and Socure Team to Combat Fraud on Consumer Forms

Online notarization firm Proof has launched a partnership with digital identity verification provider Socure....

2 hours ago
Investments
Aeropay Raises $20 Million for Pay-by-Bank Offering

Digital payments company Aeropay has raised $20 million in new financing. The company, which...

2 hours ago
BNPL
Shoppers Spend Up to $3,500 When Using General Purpose Card...

Pay later plans break up the cost of purchases into smaller...

2 hours ago
Economy
Labor Dept Reports Initial Jobless Claims Drop by 10K

The number of initial claims for unemployment insurance dropped by 10,000...

2 hours ago
CFPB
Supreme Court Ruling on CFPB Paves Path for Open Banking,...

Reading the Thursday (May 16) Supreme Court ruling upholding the constitutionality of the Consumer Financial...

2 hours ago
B2B Payments
Dwolla and Visa Partner on Account Verification for Pay-by-Bank

Dwolla and Visa have partnered to make it easier for mid-...

3 hours ago
artificial intelligence
AI Money: Earnings Reports Show a Tech Firm Bonanza

Tech companies are cashing in on the artificial intelligence (AI) boom,...

3 hours ago
Investments
Yendo Raises $165 Million for ‘Vehicle-Secured’ Credit Card

Yendo, a FinTech offering a credit card tied to users’ car...

3 hours ago
Digital Payments
Visa and SKUx Team to Promote Digital Consumer Payments

Visa has launched a collaboration with digital payments company SKUx. “The agreement will...

4 hours ago
Regulation
Representatives, Senators Urge Regulators to Make Financial Data More Accessible

Members of Congress from both houses and both parties sent a letter Tuesday (May 14)...

4 hours ago
Earnings
Mytheresa: The Aspirational Luxury Shopper Is Coming Back

After years of financial challenges (and consequent consumer cutbacks) prompting luxury...

4 hours ago
Partnerships
Mastercard and Salesforce Team to Resolve Transaction Disputes

Mastercard and Salesforce have announced an integration designed to reduce purchase disputes and chargebacks....

4 hours ago
B2B Payments
Tassat and Glasstower Partner on B2B Payments for Multinational Corporations

Tassat Group and Glasstower Digital have partnered to facilitate cross-border digital...

5 hours ago
ResTech
NCR Voyix and GRUBBRR Debut Restaurant Kiosk

Digital commerce firm NCR Voyix has launched a partnership with restaurant-focused software provider GRUBBRR....

5 hours ago
Mobile Wallets
From AI to Mobile Devices: Technology Reimagines Debit and Credit...

The modern credit card’s history stretches back to just after World...

5 hours ago
Earnings
Walmart Q1 Earnings Continue Its Connected Economy Evolution

Walmart reported better than expected Q1 earnings Thursday (May 16) but...

6 hours ago
Retail
CVS Pharmacy Launches New Store Brand for Snacks, Beverages, Groceries

CVS Pharmacy, the retail division of CVS Health, launched a new store brand...

6 hours ago
Earnings
Grab’s Path to Profitability Paved by Operating Leverage and AI

In a dynamic operating environment, the path to profitability requires focus and discipline....

6 hours ago
Banking
Basel Committee Warns Against Banking Digitalization Risks

A global financial watchdog is warning against the risks of digitalization...

6 hours ago
CFPB
Supreme Court Rules CFPB Funding Mechanism Constitutional

The Supreme Court ruled Thursday (May 16) that the Consumer Financial Protection Bureau’s funding...

7 hours ago
Payment Methods
AppTech Payments Aims to Take on Venmo With InstaCash

Frictionless commerce firm AppTech Payments completed the pilot of its Banking-as-a-Service (BaaS) platform....

7 hours ago
Economy
Steep Hospital Costs Help Inflation Persist

American medical care costs have gone up, and that’s reportedly helped...

8 hours ago
Regulation
UK Relaxes ‘Land-Based Gambling’ Rules as Online Betting Grows

The British government is loosening its rules for brick-and-mortar betting businesses as...

8 hours ago
Retail
Poshmark: Shoppers Want Data-Powered Recommendations From Sellers

Fashion resale marketplace Poshmark is bringing artificial intelligence (AI) to its...

9 hours ago
Walmart
Walmart’s Luminate Data Platform Goes International

Three years after its launch in the United States, Walmart Luminate, the...

9 hours ago
Payments Innovation
The Orchestrated Platform: Why Payments Orchestration Is Not Just for...

Merchant aggregators, marketplaces, platforms — there are many names for these...

14 hours ago
Consumer Finance
Why Gen Z Shops Merchants That Offer Pay Later Plans

Pay later plans have gained value since they offer consumers flexibility...

14 hours ago
Payments Innovation
White-Label Payments Solutions Monetize Resellers' eCommerce Efforts

In an increasingly digital world, the ability to accept and process...

14 hours ago
Payments Innovation
Could ISO 20022’s Data-Rich Messaging Fuel AI Innovation?

The best, and most lasting innovations, are those that beget other...

14 hours ago
Streaming
AI Turns Streaming Video Search Into Churn-Reducing Conversations

Streaming platforms have transformed the content and digital entertainment landscape. Platforms...

14 hours ago
Earnings
Bakkt: Institutional Investors to Drive Growth in Crypto Trading Market

Institutional investors are going to play a bigger role in the...

20 hours ago
Cryptocurrency
DOJ Charges 2 Brothers With ‘Cutting-Edge Scheme’ to Steal Cryptocurrency

The Department of Justice (DOJ) announced the unsealing of an indictment Wednesday (May 15)...

21 hours ago
eCommerce
EBay to Launch QR Code-Based Feature for Generating Product Listings

EBay has unveiled a new “resell on eBay” feature designed to make...

22 hours ago
Faster Payments
Fed Surveys Find Lasting Appeal for Faster, Digital Transactions

Consumers and businesses — running the gamut of transaction types and...

22 hours ago
Partnerships
Paymentology and Audax Partner on Cards-as-a-Service Solution

Paymentology and Audax Financial Technology have partnered to enable financial institutions in...

23 hours ago