commercial payments

Nvidia Takes $4.5B Inventory Charge Due to Chip Trade Policy

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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The M&A Files: You Just Had an Acquisition — Now What?
The M&A Files: You Just Had an Acquisition — Now What?
May 28, 2025  |  Partnerships

When a company buys another business, they buy the whole business. That acquisition includes the back-office tech stack, the enterprise resource planning (ERP) and treasury...

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Remitly CEO Says Digital Driving Remittances to New Heights Amid Economic Uncertainty
Remitly CEO Says Digital Driving Remittances to New Heights Amid Economic Uncertainty
May 28, 2025  |  Cross-border Payments

Uncertainty is the watchword of the current global macroeconomic environment. Tariffs are being raised, lowered, paused. GDP is slowing, almost no matter where you look....

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Tariffs Force 81% of Middle-Market CFOs to Abandon Long-Term Investments for Short-Term Tactics
Tariffs Force 81% of Middle-Market CFOs to Abandon Long-Term Investments for Short-Term Tactics
May 28, 2025  |  Economy

Think consumers are worried about how much more they’ll pay this summer for a new sofa or barbecue grill thanks to the President Donald Trump...

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