PYMNTS News

PhotonPay and Discover Partner on Commercial Card for Cross-Border Businesses
PhotonPay and Discover Partner on Commercial Card for Cross-Border Businesses
May 10, 2024  |  B2B Payments

Hong Kong-based global payment platform PhotonPay and Discover Global Network have partnered to launch a new commercial card designed for cross-border businesses. Get the Full...

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New Q1 Data Finds Older Demographics Driving Surge in Travel Spend
New Q1 Data Finds Older Demographics Driving Surge in Travel Spend
May 10, 2024  |  Travel Payments

They’re probably not going to Paris to see Taylor Swift. But spending among older, high-income consumers has led a Q1 travel surge that cuts across income...

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Transforming Back-Office Functions Lets Firms Move Forward With Certainty
Transforming Back-Office Functions Lets Firms Move Forward With Certainty
May 10, 2024  |  B2B Payments

Innovation across the payments sector has taken off over the last decade. Driven by automation, speed, security and convenience, electronic payments advances are reshaping back-office...

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Sift Healthcare Raises $20 Million to Grow Payments Intelligence Platform
Sift Healthcare Raises $20 Million to Grow Payments Intelligence Platform
May 10, 2024  |  Investments

Sift Healthcare has raised $20 million in a Series B funding round to grow its artificial intelligence (AI)-powered Payments Intelligence Platform for the healthcare industry. Get...

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U. Michigan Survey Shows Inflation and Unemployment Weighing on Consumer Sentiment
U. Michigan Survey Shows Inflation and Unemployment Weighing on Consumer Sentiment
May 10, 2024  |  Consumer Insights

Consumers are souring about the near-term outlook — on inflation, job prospects and interest rates. Get the Full Story Complete the form to unlock this...

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Paymerang Says Acquisition by Corpay Will Help Create Jobs
Paymerang Says Acquisition by Corpay Will Help Create Jobs
May 10, 2024  |  Acquisitions

Paymerang said the planned acquisition of the company by Corpay will help Paymerang continue its mission and create new jobs. Get the Full Story Complete the form to unlock this...

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Tech Titans, Startups Bet Big Bucks on AI’s Future
Tech Titans, Startups Bet Big Bucks on AI’s Future
May 10, 2024  |  artificial intelligence

Tech giants and startups are investing billions in AI infrastructure, training and development, with Microsoft planning a $3.3 billion AI data center in Wisconsin, startup...

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Porch Group Sues China Construction Bank, Alleging Reinsurance Fraud
Porch Group Sues China Construction Bank, Alleging Reinsurance Fraud
May 10, 2024  |  Legal

Porch Group, a U.S. homeowners insurance and home inspection software company, reportedly sued China Construction Bank (CCB), alleging reinsurance fraud. Get the Full Story Complete the form...

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Synapse Saga Emphasizes Tangled Web Between FinTechs, Middlemen and Sponsor Banks
Synapse Saga Emphasizes Tangled Web Between FinTechs, Middlemen and Sponsor Banks
May 10, 2024  |  Acquisitions

In biology, a synapse is essentially a conduit, a place in the brain where neurons connect and communicate. Get the Full Story Complete the form...

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