News

Investments
Melio to Grow AP/AR Platform With $150 Million Fundraise
November 01, 2024

Melio raised $150 million in a Series E funding round to fuel the growth of its accounts payable (AP) and accounts receivable (AR) platform by expanding its B2B partnerships. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Artificial Intelligence
Big Tech Makes Money by Spending on AI Infrastructure
November 01, 2024

Tech giants’ investments in cloud infrastructure are reportedly paying off due to the demand for artificial intelligence. 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...

Payments Innovation
Bank of America: Gateways Become Cash Flow Engines for Merchants
November 01, 2024

Payment gateways might be thought of as the workhorses of fund flows, whether it’s for B2B or consumer-facing transactions. It’s the technology that gets payment data moving. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Fintech Investments
FinTech IPO Index Gains 2.3% as Digital Surges Ahead of Earnings
November 01, 2024

The FinTech IPO Index was 2.3% higher in a week that saw the platforms roar ahead — many of them by double digits — in anticipation of earnings reports that won’t come until next month. Get the Full Story Complete the form to unlock this article and...

Digital Banking
63% of Consumers Under 35 Open to Financial Services From Non-Banks
November 01, 2024

Today’s financial landscape is changing as embedded finance integrates banking services into everyday consumer experiences. This development is driven by brands stepping into roles traditionally held by banks, creating innovative and convenient financial solutions for consumers. Get the Full Story Complete the form to unlock...

Regulation
FTC Begins Refunding $2.5 Million in Credit Karma Deception Case
October 31, 2024

The Federal Trade Commission is issuing payments to consumers misled by deceptive claims from Credit Karma. 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...

eCommerce
GoodRx Launches eCommerce Platform With Contraceptive Maker Opill
October 31, 2024

Online subscription platform GoodRx entered the over-the-counter market with its new eCommerce service. 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....

B2B Payments
This Week in B2B: Smokestack Upgrades, CFO Intelligence, SMB Innovation
October 31, 2024

The B2B innovation landscape has never been more exciting than right now. 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...

Regulation
CFPB: VyStar Hurt Customers With ‘Botched’ Online Banking Rollout
October 31, 2024

Federal regulators have taken action against VyStar Credit Union following a “botched” online banking launch. 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,...