Today on PYMNTS

PYMNTS Data Lab
Why Main Street Is Splitting: The Data Behind Small Business Winners...

Main Street businesses are losing momentum after a strong post-pandemic rebound, and the latest...

Payments Innovation
Video: Platforms That Own Payments Own More of the Customer

Watch more: Need to Know With Maverick Payments’ Rachel Costello Get the Full Story...

Digital Identity
Scaling Identity Verification: How Growth Raises Fraud and Friction Risks

As companies grow, identity risk compounds across verification systems. PYMNTS Intelligence’s “Scale Amplification: How...

Earnings
BILL Plans 30% Workforce Cut as AI Becomes Top Priority

BILL plans to reduce its workforce by 30% by the end of the quarter...

Buy Now Pay Later
Affirm Earnings Put Consumer Credit, Private Credit in Focus

Affirm’s latest quarter earnings call landed at a revealing moment for consumer finance. The...

Earnings
Block Rallies as AI Push Turns Cash App Into a...

Block’s first-quarter earnings report was the company’s first since its sweeping organizational restructuring and...

eCommerce
Half of Luxury Shoppers Prefer Resale, and The RealReal Saw...

Luxury resale used to be a secondary consideration. The numbers say it isn’t anymore....

Cryptocurrency
Coinbase’s Reinvention Hits a Wall With $394 Million Quarterly Loss

As crypto gained ground in both Washington and Wall Street over the past two...

Fraud Prevention
FTC Sounds Alarm as Imposter Scams Steal $3.5 Billion

The Federal Trade Commission (FTC) is warning consumers to beware of text messages that demand money...

Wearables
Google Transforms Fitbit Into Health and Wellness Ecosystem

Google is revamping its health and wellness product and platform lineup. Get the Full Story...

Connected Economy
The Connected Economy Is Making Companies Worth a Trillion Dollars 

Samsung’s arrival in the trillion-dollar club this week expands a roster that increasingly defines...

Credit Cards
Relaunched Dick’s Sporting Goods Credit Card Offers 10% Back

Dick’s Sporting Goods has relaunched its credit card program and now offers its cardholders...

Consumer Finance
Revolving Credit Rates Rise as Everyday Expenses Pinch Consumers

Americans are again leaning more heavily on credit cards to finance everyday life. Get...

Back-office
Ramp Eyes $40 Billion Valuation in New Funding Round

Financial operations platform Ramp is looking to raise $750 million at a valuation of...

Amazon Payments
Amazon Bedrock Launches AI Agent Payment Capabilities With Coinbase, Stripe

Amazon Web Services (AWS) announced in a Thursday (May 7) company blog post a...

International
US and Allies Guarantee Tax-Free Streaming and Software Downloads

Nineteen countries, including the United States, have announced an agreement to not impose duties...

Investments
Fazeshift Secures $22 Million to Automate Accounts Receivable Workflows

San Francisco-based artificial intelligence (AI) startup Fazeshift has secured $17 million in Series A...

artificial intelligence
ServiceNow, SAP and Workday Make AI Agents Pay to Play

ServiceNow, SAP and Workday are drawing new lines around the customer data stored inside...

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