News

Cross-border Payments
New Data: US Businesses Face Cross-Border Payments Paradox Amid Digital Wallet Surge
April 21, 2025

A surprising divide is emerging as digital wallets cement their status in the United States’ payments ecosystem. While American consumers confidently use these wallets to send and receive money across borders, often at rates that outpace other countries, small to mid-sized businesses (SMBs) are dragging...

Faster Payments
Corporates Pressure Banks to Accelerate Instant Payments Adoption
April 21, 2025

Tariffs are here, inflation is sticky, and supply chains and vendor relationships are in flux. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

eCommerce
Temu Reportedly Cuts Back on Paid Ads After Tariff Price Hikes
April 20, 2025

Last week, popular eCommerce retailers Shein and Temu announced plans for tariff-related price hikes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Delivery
DHL Halts $800-Plus Orders to US Consumers Amid Tariff Pressures
April 20, 2025

DHL is suspending shipments valued at more than $800 to U.S. consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Investments
Security Startup Pillar Raises $9 Million to Tackle AI-Specific Risks
April 18, 2025

Artificial intelligence (AI) security startup Pillar Security has raised $9 million in seed funding to expand its research and development (R&D) and go-to-market efforts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
From Trading to Saving, Financial Platforms Eye Banking and Neobanks Branch Out
April 18, 2025

The movement by neobanks to branch into investing and credit card rewards, and investment platforms to branch out into banking, speaks volumes to the appeal of apps as digital front door to a continuum of financial activities. Get the Full Story Complete the form to...

B2B Payments
From PDFs to APIs: Enterprise Modernization Ditches Clunky Human Hand-Offs
April 18, 2025

There’s a systemic shift happening across the enterprise. Workflows that were once manual, slow and costly are now automated, intelligent and occurring in real-time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
This Week in AI: Tariffs Hit AI, Tech Giants’ Antitrust Woes and a More Adept...
April 18, 2025

It’s a big week for artificial intelligence news. AI hardware is being dinged by tariff troubles while two juggernauts in the AI field — Meta and Google — are in the crosshairs of the U.S. government. Meanwhile, OpenAI unveiled a more capable and smarter ChatGPT...

CFPB
Judge Puts Temporary Hold on CFPB Plan to Lay Off Most Employees
April 18, 2025

A federal judge reportedly blocked the Trump Administration’s plan to lay off 90% of the staff of the Consumer Financial Protection Bureau (CFPB) Friday (April 18) while she determines whether this plan violates her previous order. Get the Full Story Complete the form to unlock...