What’s Hot

Follow the popular trending news, topics, and video on PYMNTS.com
Payment Problems Create Headaches for Patreon Creators
Payment Problems Create Headaches for Patreon Creators
August 03, 2023  |  Subscriptions

A pair of seemingly unrelated payment issues are bedeviling Patreon creators and their fans. As The Verge reported Thursday (Aug. 3), some creators cannot access their earnings due to...

READ MORE >
Card-on-File Management Platform Knot Raises $10 Million to Expand Merchant Support
Card-on-File Management Platform Knot Raises $10 Million to Expand Merchant Support
August 03, 2023  |  Credit Cards

Knot has closed a $10 million Series A investment round to grow its application programming interface-based card-on-file management offering. The funding will enable Knot to expand its...

READ MORE >
Digital Dollar Project: CBDCs Can Help the Unbanked
Digital Dollar Project: CBDCs Can Help the Unbanked
August 03, 2023  |  CBDC

Could a central bank digital currency (CBDC) help America’s unbanked population? It appears that way, according to a new report by the Digital Dollar Project...

READ MORE >
Airwallex and OurCrowd Team to Make Startup Investing Easier
Airwallex and OurCrowd Team to Make Startup Investing Easier
August 03, 2023  |  Startups

Airwallex has joined forces with venture investing platform OurCrowd to make it easier to invest in startups. The partnership, announced Wednesday (Aug. 2), lets institutions and individuals invest in...

READ MORE >
JPMorgan CEO Jamie Dimon: New Bank Capital Requirements ‘Hugely Disappointing’
JPMorgan CEO Jamie Dimon: New Bank Capital Requirements ‘Hugely Disappointing’
August 03, 2023  |  Banking

The head of America’s biggest bank said new capital requirements may have slowed economic growth. J.P. Morgan Chase CEO Jamie Dimon said in a Wednesday...

READ MORE >
Petal Secures $200 Million to Expand Credit Card Program
Petal Secures $200 Million to Expand Credit Card Program
August 03, 2023  |  Financial Inclusion

Petal is preparing to expand its credit card program after securing a $200 million debt facility. The FinTech announced the funding — from investment firm Victory Park...

READ MORE >
TripAdvisor’s Revenue Grows 18% as Consumers Seek Experiences
TripAdvisor’s Revenue Grows 18% as Consumers Seek Experiences
August 03, 2023  |  Travel Payments

Consumers are hungry for experiences, and that’s been good news for TripAdvisor. The travel service announced second-quarter 2023 earnings results Thursday (Aug. 3) that showed...

READ MORE >
Planet Fitness Reports Upbeat Q2 Results Fueled by Gen Z
Planet Fitness Reports Upbeat Q2 Results Fueled by Gen Z
August 03, 2023  |  Earnings

Planet Fitness said its second-quarter results reinforce how the company’s fitness experience “continues to resonate with consumers.” On a Thursday (Aug. 2) earnings call, CEO Chris Rondeau highlighted the...

READ MORE >
Lemonade Looks to Partnerships and Generative AI to Close Cash Flow Gap
Lemonade Looks to Partnerships and Generative AI to Close Cash Flow Gap
August 03, 2023  |  Earnings

Artificial intelligence (AI)-driven insurance company Lemonade has announced second-quarter 2023 earnings results, driven by a growing top line, oversubscribed reinsurance and acceleration in rate approvals....

READ MORE >