Today on PYMNTS

Earnings
Discover Financial: Inflation Is Pressuring Lower Income Consumers

The $35 billion deal for Capital One to buy Discover Financial Services remains on...

artificial intelligence
Stability AI Lays Off Employees; Restructures After CEO’s Departure

Stability AI is laying off an unspecified number of employees as part of a restructuring...

B2B Payments
WorldFirst Launches Cross-Border Payment Solution for B2B Trade

Digital payments platform WorldFirst has debuted a solution to help small businesses speed cross-border payments. WorldTrade, announced Thursday...

Digital Banking
Revolut Invests $100 Million in Mexico as Remittances Jump

Revolut has reportedly made a $100 million-plus bet on Mexico’s remittance market. Speaking with...

Mastercard
Mastercard Brings Commercial Cards to Digital Wallets

Continuing the industry’s migration of business payments and expense management to digital platforms, Mastercard announced today...

Money Mobility
High Costs Hobble Small Businesses’ Adoption of Instant Payments

Nonrecurring or ad hoc payments remain a significant part of the monthly revenues of...

artificial intelligence
GenAI Bridges Small Business Lending Gap

An unavoidable truth in business is that it frequently takes money to make money. ...

Opinion
More Payments Friction Coming for Customers

The recent credit card surcharge agreement brings into focus the impact regulations could have...

Opinion
Next-Gen Fraud Strategies Use Data to Onboard Customers Safely

Business need to fight fraud with day, says Bryan Lewis, CEO of intellicheck. He...

Opinion
Why Europe Must End Its 30-Year Digital Winter to Ensure...

In the last 30 years, Europe — defined here as the EU plus the...

Consumer Finance
Nearly Half of US Consumers Earning $100K+ Live Paycheck to...

According to PYMNTS Intelligence, 62% of U.S. consumers now live paycheck to paycheck, and...

Walmart
Walmart Adds Third-Party Sellers’ Tires to Installation-Eligible Program

Shoppers can now order tires from third-party sellers on Walmart Marketplace and schedule an appointment to...

Google
Google Laying Off Unspecified Number of Employees Amid Shifting Priorities

Google is laying off an unspecified number of employees and shifting some roles to other...

Acquisitions
Report: Zuora Considering Sale After Potential Acquirers Express Interest

Zuora is reportedly considering a sale and other options after more than one company expressed...

Mobile Wallets
Gen Z’s Digital Dynamics: Wallets Lead, Connected Devices Lag

Generation Z, born between 1997-2012, represents a cohort deeply intertwined with digital technologies. “They...

Partnerships
GoDaddy and Upwork Partner to Connect Businesses and Web Designers

GoDaddy will join the Upwork Partners program to connect businesses that are looking for web services with...

Security & Fraud
Cognizant and FICO to Launch Real-Time Payments Fraud Prevention Solution

Cognizant and FICO plan to launch a cloud-based real-time payments fraud prevention solution designed for North...

Taxes
Canada Considering Digital Services Tax Targeting Largest Tech Companies

Canada’s Parliament is considering a tax on digital services revenue that would impact the...

Economy
Fed’s Beige Book Cites Weak Discretionary Spending

Eight times each year the Fed publishes what’s known as the Beige Book —...

CFPB
CFPB Finds Coding Bootcamp BloomTech Deceived Students About Loans, Jobs

The Consumer Financial Protection Bureau (CFPB) has issued an order against coding bootcamp BloomTech, also known as the Bloom...

artificial intelligence
NSA Warns of AI Cybersecurity Risks, Urges Businesses to Bolster...

The National Security Agency (NSA) is sounding the alarm on the cybersecurity risks posed...

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