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View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

Source: pymnts.com

36% of SMBs Say Cost, Complexity Prevent AP/AR Automation

36% of SMBs Say Cost, Complexity Prevent AP/AR Automation
36% of SMBs Say Cost, Complexity Prevent AP/AR Automation
January 23, 2024  |  Accounts Payable

Nearly 80% of mid-size firms — those generating between $3.5 million and $15 million in annual revenue — anticipate a surge in the volume of...

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Banks Tap AI to Navigate Regulatory Maze of Managing Vendor Contracts
Banks Tap AI to Navigate Regulatory Maze of Managing Vendor Contracts
January 23, 2024  |  artificial intelligence

Michael Berman, CEO of Ncontracts, told PYMNTS that financial institutions (FIs) are grappling with the increasing burdens of vendor lifecycle management.  Get the Full Story...

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Report: Figure Aims to Offer Regulated, Interest-Bearing Stablecoin
Report: Figure Aims to Offer Regulated, Interest-Bearing Stablecoin
January 22, 2024  |  Cryptocurrency

Blockchain and lending startup Figure Technologies is reportedly seeking approval from U.S. regulators to issue an interest-bearing stablecoin. Get the Full Story Complete the form to unlock...

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Juuli Launches Affiliate Program to Promote Freelancer Invoicing, Payments Solutions
Juuli Launches Affiliate Program to Promote Freelancer Invoicing, Payments Solutions
January 22, 2024  |  Gig Economy

Juuli, a FinTech platform specializing in freelancer invoicing and payments, has launched an affiliate program aimed at promoting financial freedom for partners. Get the Full...

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SEC Says ‘SIM Swap’ Attack Enabled Takeover of X Account 
SEC Says ‘SIM Swap’ Attack Enabled Takeover of X Account 
January 22, 2024  |  Security & Fraud

The Jan. 9 hack of the Securities and Exchange Commission’s (SEC) account on the social media platform X (formerly known as Twitter) was apparently the result of...

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Vroom Exiting Car Sales, Focusing on Finance and AI Services
Vroom Exiting Car Sales, Focusing on Finance and AI Services
January 22, 2024  |  eCommerce

Vroom is winding down its eCommerce operations and discontinuing its used vehicle dealership business.  Get the Full Story Complete the form to unlock this article and...

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FSB to Recommend Measures to Control Bank Runs Spurred by Social Media
FSB to Recommend Measures to Control Bank Runs Spurred by Social Media
January 22, 2024  |  Bank Regulation

The Financial Stability Board (FSB) is set to deliver a report to the G20 in October, shedding light on the influence of social media in accelerating bank deposit outflows...

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P2P Payments Surge as Firms Pursue ‘Everything App’ Vision
P2P Payments Surge as Firms Pursue ‘Everything App’ Vision
January 22, 2024  |  Mobile Wallets

Peer-to-peer (P2P) payments are booming, with transaction volumes rising by 25%. This surge is caused by a growing number of businesses racing into the P2P...

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Three-Quarters of Grocers’ App Users Are Highly Satisfied
Three-Quarters of Grocers’ App Users Are Highly Satisfied
January 22, 2024  |  eCommerce

When it comes to executing on in-house eCommerce channels, PYMNTS Intelligence reveals, grocers are pulling it off, despite ongoing skepticism in the industry. Get the...

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