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News & Trends

Loyalty & Rewards
Simple Credit Rewards Work for Older Generations, but Not Gen...

More than 80% of credit card users now receive reward offers...

31 seconds ago
Payment Methods
Worldpay Launches Tap-to-Pay Offering for Merchants

Payment facilitators (PayFacs) using Worldpay’s services can now offer their merchants tap-to-pay...

8 mins ago
artificial intelligence
Oracle Adds AI-Powered Vector Search to Converged Database

Oracle, a provider of integrated suites of applications and secure infrastructure...

21 mins ago
Cybersecurity
US Firms Are Main Targets for Cyberattacks, Intelligence Chief Tells...

Director of National Intelligence Avril Haines told Congress Thursday (May 2) that there...

27 mins ago
Retail
Gen Z Car Buyers Shop Digitally but Complete Purchases in...

Consumers — especially younger generations — are conducting more and more...

30 mins ago
SMBs
Amazon Launches Grants, Education Hub for Small Business Owners

Amazon’s B2B procurement store is rolling out new resources designed to...

46 mins ago
Data
Banyan to Add Item-Level Data Capabilities to WEX Virtual Payments

Banyan has announced a new partnership with WEX. “As a B2B...

1 hour ago
Earnings
Peloton Layoffs Point to Economic Pressures on Connected Fitness Marketplace 

Peloton made headlines on Thursday (May 2) as it announced the launch...

1 hour ago
artificial intelligence
Analysis: Microsoft’s $2.2 Billion AI Bet May Boost Malaysia’s Tech...

Microsoft will inject $2.2 billion into Malaysia’s burgeoning cloud and artificial...

2 hours ago
Acquisitions
Fraud Prevention Firm BioCatch Acquired by Permira

Israeli fraud/financial crime prevention provider BioCatch has been acquired by private equity company Permira. ...

2 hours ago
SMBs
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)....

2 hours ago
Amazon
Amazon’s AI Ambitions Help Fuel Q1 Earning Surge

Amazon reported strong financial results for the first quarter of 2024, as...

2 hours ago
Delivery
Instacart Becomes Kohl’s Same-Day Delivery Partner, Continues Expansion Beyond Grocery

Instacart has become the exclusive same-day delivery partner of Kohl’s. With Kohl’s now...

3 hours ago
Legal
Uber Sued for $312 Million by London Cab Drivers

Uber is reportedly facing a $312 million lawsuit from drivers of London’s...

3 hours ago
Mobile Wallets
55% of High-Earning Consumers and 79% of Gen Z Use...

Whether shopping online or in person, an increasing number of consumers...

3 hours ago
Economy
Initial Claims for Unemployment Unchanged, Signaling ‘Fairly Tight’ Labor Market

The number of initial claims for unemployment insurance held steady during...

3 hours ago
B2B Payments
Checkout.com and Mastercard Offer Virtual Cards for Travel Agents

Checkout.com has teamed with Mastercard to offer virtual cards to online travel agents.  “As...

4 hours ago
eCommerce
Competing With Giants: How Small Businesses Can Optimize Their eCommerce...

This National Small Business Week, merchants are increasingly moving beyond Main...

4 hours ago
Payments Innovation
Payment Networks Spotlight Rise of Tokenization and Contactless Payments

Four years ago, the pandemic began to give wings to contactless...

4 hours ago
Personnel
Peloton CEO Barry McCarthy Steps Down as Company Begins Restructuring

Peloton Interactive has begun a search for a new CEO and announced...

5 hours ago
Startups
UK’s Non-London FinTechs Fight for Funding

In the north of England, the Manchester area has a booming...

5 hours ago
Economy
Fast-Food Slowdown May Mean Steeper Promotions

It’s been a season of slowing sales for quick-service restaurants (QSRs)....

6 hours ago
artificial intelligence
Europe’s AI Paradox: Slow Adoption, Big Ambitions

Despite Europe’s reputation as a tech laggard, a cadre of companies is...

7 hours ago
Loans
Small Businesses Owe $59 Billion From COVID Disaster Loans

The Small Business Administration (SBA) loaned out $390 billion to keep companies afloat...

7 hours ago
Mastercard
Mastercard Expands Start Path Program to Boost Payment Acceptance

Mastercard has welcomed six startups to its Start Path program focused...

9 hours ago
Faster Payments
12 Charts Tell the Story of Instant Payments

Instant payments have taken center stage more and more in recent...

12 hours ago
Fraud Attack
Visa Stresses Education as Small Businesses Confront Fraud Vulnerabilities

Most crimes, as the saying goes, are crimes of opportunity. And...

12 hours ago
Real-Time Payments
Are Real-Time Payments Near an Inflection Point? Bank of America...

Use cases for real-time payments have never been a source of...

12 hours ago
Opinion
Data Revolution Adds Stability to Uncertain Financial Transactions

In the new PYMNTS eBook, “The Implications of Uncertainty,” Thredd Chief...

12 hours ago
Artificial Intelligence
Enterprise AI May Have an Energy Crisis

While artificial intelligence has taken the world by storm, its rise...

12 hours ago
David S. Evans
If You’re Happy and You Know It, You Must Be Small

Finland did it again.  The World Happiness Report (WHR) came out in...

12 hours ago
Earnings
DoorDash Reports Record-High Orders as Consumers Seek Digital Solutions, Convenience

DoorDash set new company records across several metrics in the first quarter...

17 hours ago
Security & Fraud
Complaints of Fraud Targeting Older Americans Rose 14% in 2023

Fraud targeting older Americans’ money or cryptocurrency increased by double-digit percentages...

18 hours ago
Earnings
Carvana’s Inventory ‘Constrained’ as Online Used Car Retailer Posts Record...

Online used car retailer Carvana reported “milestone” first quarter (Q1) results on...

18 hours ago
Earnings
EBay Targets Gains in Back Half of 2024 Amid ‘Tough’...

EBay’s gross merchandise volume (GMV) eked out slight gains in the...

19 hours ago
Point of Sale
Epos Now Considers Sale of Minority Stake

British payments group Epos Now is running a private placement process...

19 hours ago
Earnings
Upwork Believes AI is the Future of Work

Against a challenging macro backdrop, freelance work matters more than ever. ...

20 hours ago
Google
Google Lays Off 200 in Core Unit as Reorganization Continues

Google has reportedly reorganized its Core unit, which builds the technical foundation...

20 hours ago