Today on PYMNTS

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...

Earnings
CarParts.com Stalls With Q1 Earnings Drop as Consumers Pull Back...

After a few weeks of an earnings season marked by cautionary optimism about the...

Transportation
Bolt Technology Hiring Managers for eScooter Rentals Launch in US

Estonian company Bolt Technology OU is reportedly looking to hire managers to launch eScooter rentals in several...

Meta
Meta Unveils GenAI Tools for Business Advertising

Meta is rolling out a new way for advertisers to create marketing materials.  Businesses...

Earnings
Upstart, Like Its Customers, Remains Focused on Return to Growth 

If you are in the business of providing loans, there will always be a...

Healthcare Financing
65% of Low-Income Earners Have Less Than $500 on Hand...

More than 6 in 10 U.S. consumers who earn below $50,000 annually have less...

artificial intelligence
Report: Paris-Based Holistic Raises $200 Million to Develop AI Model

A Paris-based artificial intelligence (AI) startup called Holistic has reportedly raised $200 million in...

artificial intelligence
Pharmacy AI Set to Grow as Companies Look to Streamline

The robots are coming — to a pharmacy near you. As the world looks...

Retail
High-Income Consumers’ Rising Secondhand Purchasing Drives Luxury Consignment Growth

With high-income shoppers disproportionately growing their adoption of secondhand retail channels, The RealReal is seeing its...

Accounts Payable
Paymerang and Harris ERP Deliver AP Automation for Local Governments

Paymerang and Harris ERP have partnered to provide advanced invoice and payment automation solutions to local...

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