Today on PYMNTS

Accounts Payable
Basware Acquires AP Matching to Enhance Automation Offering

Basware expanded its market offering by acquiring AP Matching. The acquisition will add AP Matching’s cloud-based solutions for...

Loans
95% of CEMEA Growth Corporates Plan to Access Working Capital...

Just 58% of growth corporates in Central Europe, the Middle East and Africa (CEMEA)...

Connected Economy
Aggregators Supercharge Food Industries’ Digital Transformation in Connected Economy

The connected economy is making strides via a partnership between Uber Eats and Instacart. The two companies announced...

Digital Banking
Nubank Marks 100 Million-Plus Digital Banking Customers

Brazilian digital bank Nubank now has more than 100 million customers. The company announced the achievement...

Amazon
Report: Telefonica Deal Puts Amazon in Europe’s 5G Market

Telefonica Germany is reportedly moving 1 million 5G customers to the Amazon Web Services (AWS) cloud. The deal...

B2B Payments
Expensify to Add Travel Features to Financial Management Platform

Expensify will add travel booking and management capabilities to its financial management platform for...

Retail
Balsam Brands Uses Real-Time Data to Make Its Holiday List

With the first quarter recently in the books and Q2 well underway, most companies...

Investments
Monzo Valued at $5.2 Billion Amid US Neobank Expansion Plans

U.K. neobank Monzo reportedly raised $190 million as it plans to expand overseas. The funding brings the total Monzo has...

Apple
iPhone Sales in China Jump 12% Following Markdowns

Retailer discounts reportedly helped drive a roughly 12% increase in Chinese iPhone shipments in March. Shipments...

Cryptocurrency
FTX Has Enough Cash to Repay Creditors in Full

Eighteen months after its collapse, FTX is ready to repay its customers in full....

Consumer Finance
Visa: Embedded Lending Creates ‘Halo Effect’ for Repeat Transactions

You’ve heard of embedded finance. Get ready for embedded lending. It’s a relatively new...

artificial intelligence
AI Plays ‘Mr. Fix It’ for Rental Property Management

A trip is never just a trip. The end-to-end travel journey spans nearly ever touchpoint across...

Payment Methods
Payment Diversification Creates Winning Formula for Merchants

There’s no place like home, particularly when it comes to preferred payment mechanisms. That’s why businesses...

Payments Innovation
Biometric Wallets Emerge as Payments Modernization Strategy

As payments go digital, their authentication is getting more organic — literally. One of...

Fraud Prevention
Real Estate and Fraud: Identity Verification for the Most Important...

The dream of a new home can become a nightmare if fraud is involved....

Earnings
Coupang: Fulfillment Service Helps Merchants Double Sales in 90 Days

South Korean eCommerce giant Coupang is seeing growing adoption of its latest products and services. Its...

Earnings
LoanDepot Says ‘Higher for Longer’ Interest Will Keep Challenging Mortgage...

LoanDepot expects the mortgage industry to continue facing a challenging environment. Recent interest rate increases...

Buy Now Pay Later
Banks Call For Greater BNPL Reporting Transparency

In recent years, buy now, pay later (BNPL) platforms have gained popularity among consumers, offering...

Earnings
Marqeta Processing Volumes Surge 33%; Earned Wage Access Beckons

Marqeta’s latest results and commentary showed momentum in the company’s transaction processing operations —...

Earnings
Match Group Forecasts Revenue Below Analyst Estimates

In a challenging market environment, Match Group, the parent company of dating apps Tinder, Hinge and OkCupid, is reportedly...

Credit Unions
PSCU/Co-op Solutions Rebrands as Velera

PSCU/Co-op Solutions is rebranding as Velera. The credit union service organization (CUSO) will roll out the Velera...

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