commercial payments

Apple: Developers Paid No Commission on 90% of 2024 Sales
Apple: Developers Paid No Commission on 90% of 2024 Sales
May 29, 2025  |  Mobile Commerce

Apple’s App Store in the United States facilitated $406 billion in developer billings and sales last year. The findings are the results of a study...

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Vista Acquires Enterprise Resource Planning Platform Acumatica
Vista Acquires Enterprise Resource Planning Platform Acumatica
May 29, 2025  |  Partnerships

Enterprise resource planning (ERP) firm Acumatica is set to be acquired by Vista Equity Partners. “Our partnership with Vista not only marks a significant milestone...

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Stripe Calls Out ‘Giant Leap’ Into Stablecoins and AI
Stripe Calls Out ‘Giant Leap’ Into Stablecoins and AI
May 29, 2025  |  Payments As A Service

Stripe has launched what it calls a “major expansion” of its money movement capabilities. It’s part of a larger product rollout by the financial services...

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AI Models and Tools: Microsoft Launches ‘Agent Store’ Marketplace
AI Models and Tools: Microsoft Launches ‘Agent Store’ Marketplace
May 29, 2025  |  Artificial Intelligence

Microsoft has unveiled the Agent Store, a centralized marketplace where users can “shop” for AI agents tailored for specific tasks. Integrated into Microsoft 365 Copilot,...

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Nvidia Takes $4.5B Inventory Charge Due to Chip Trade Policy
Nvidia Takes $4.5B Inventory Charge Due to Chip Trade Policy
May 28, 2025  |  Earnings

Nvidia CEO Jensen Huang told analysts Wednesday (May 28) that recent U.S. export-control changes are reshaping the company’s growth plans in China even as global...

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Buy Now Pay Later’s Business Models Evolve Beyond Pay in 4
Buy Now Pay Later’s Business Models Evolve Beyond Pay in 4
May 28, 2025  |  BNPL

Debit turns into credit as buy now pay later business models continue to evolve. As the new year dawned, PYMNTS Intelligence detailed that debit was the...

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Global Payments Divests Payroll Unit to Acrisure for $1.1 Billion
Global Payments Divests Payroll Unit to Acrisure for $1.1 Billion
May 28, 2025  |  Payroll

Payment tech company Global Payments is selling its payroll business for $1.1 billion. Global Payments will divest payroll operations to Michigan-based FinTech Acrisure, according to...

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Mastercard and Habito Offer Mortgage Support to UK Small Business Owners
Mastercard and Habito Offer Mortgage Support to UK Small Business Owners
May 28, 2025  |  SMBs

Home-buying and financing company Habito said its mortgage advisers now offer support at no cost to U.K. small business owners who are members of Mastercard’s...

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OpenAI CFO: New Structure Can Pave Way for IPO
OpenAI CFO: New Structure Can Pave Way for IPO
May 28, 2025  |  IPO

OpenAI Chief Financial Officer Sarah Friar said the company’s planned restructuring can help it go public, Reuters reported Wednesday (May 28). However, even as OpenAI...

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