News

Ridesharing
Report: Rising Cost of Rideshare Services May Cause Lower Demand
February 19, 2025

The rising cost of rideshare services may lead to lower demand, according to a report released Tuesday (Feb. 18) by gig worker app provider Gridwise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

CFPB
Senate Democrats: Musk’s CFPB Dealings Present Ethical Conflict
February 19, 2025

A pair of Senate Democrats say they want to kick DOGE out of the Consumer Financial Protection Bureau (CFPB). 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...

Cross-border Payments
Lili Adds International Wire Payments to Small Business Financial Platform
February 19, 2025

Lili added international wire payments to its financial platform designed for small business owners. 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...

Retail
Report: Walmart Earnings Results Will Show Impact of Tariffs
February 19, 2025

When Walmart reports its fourth-quarter earnings results and guidance Thursday (Feb. 20), analysts will reportedly be looking for signs of the impact of new and potential tariffs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Stacks Raises $10 Million for AI-Powered Financial Close Solution
February 19, 2025

Self-described “AI-powered workspace” Stacks says it is now $10 million richer. 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 completing this form,...

Investments
X Reportedly Targets $44 Billion Valuation in New Funding Round
February 19, 2025

X is reportedly in discussions to raise funds from investors at a $44 billion valuation. 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,...

Payment Methods
Trustly CEO: Loyalty and Savings Will Spur Consumers to ‘Go Bank-Direct’ at Checkout
February 19, 2025

The future of open banking seems unsettled. The Consumer Financial Protection Bureau’s rules governing data sharing and use among banks and FinTechs may — or may not — be rolled back. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
White-Label Partnerships Emerge as Key to B2B Payment Monetization Strategies
February 19, 2025

In any technological — and especially payments-related — endeavor, there are several strategies a bank, B2B software provider or platform can employ: build the technology in-house; buy a firm that already has the functionality; or choose a white-label partner that allows the providers’ products and...

Payment Methods
42% of US Consumers Prefer Digital Wallets for International Payments
February 19, 2025

Digital wallets have become the preferred choice for consumers worldwide as cross-border transactions change. 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...