Payments Platform news and trends

Adyen Updates Financial Objectives Amid Investor Scrutiny
Earnings // November 08, 2023

Adyen has “evolved its financial objectives in order to specify timelines around growth expectations,” the FinTech platform said Wednesday (Nov. 8) in a press release issued in conjunction with its Investor Day. The firm wants to specify its expectations for the coming three years while maintaining that its...

Square Promises ‘Full Review’ After Widespread Outage
Payments As A Service // September 08, 2023

Square has said it will investigate and publish a full review of an outage that impacted merchants for about 19 hours late Thursday (Sept. 7) and early Friday. The payments platform said in a Friday post on X that the outage began Thursday and it was aware...

Companies Want Digital Flexibility but Fort Knox Security, Hazeltree CFO Says
Cybersecurity // August 30, 2023

In the fast-paced world of digital finance, security is a pressing concern. With a deep understanding of the risks at hand, organizations and individuals alike are demanding greater assurance that their funds are safe and secure — especially from the most modern attacks and attackers.  “Security...

Report: African FinTech Flutterwave Planning an IPO
IPO // August 22, 2023

 Nigerian payments company Flutterwave is reportedly planning to go public. In an interview with Bloomberg News published Tuesday (Aug. 22), the company’s chief executive said it is moving forward with a planned initial public offering (IPO). Olugbenga Agboola, also one of the co-founders of Flutterwave, told Bloomberg the company...

Interviews & Exclusives
Companies Want Digital Flexibility but Fort Knox Security, Hazeltree CFO Says

August 30, 2023
In the fast-paced world of digital finance, security is a pressing concern. With a deep understanding of the risks at hand, organizations and individuals alike are demanding greater assurance that their funds are safe and secure — especially from the most modern attacks and attackers.  “Security is paramount to anything that we have, making sure that […]

AI’s Most Promising Banking Applications Will Need a Human in the Loop

June 05, 2023
Artificial intelligence (AI) may not be as mysterious as people think — but it is as pervasive. What generative AI capabilities have done, i2c CEO and chairman Amir Wain tells PYMNTS, is “brought in...

Cashless Cannabis Delivery Drives Higher Order Values to a Fragmented Space

April 19, 2023
In a curious reversal, the ongoing legalization of cannabis is akin to the repeal of alcohol prohibition of the 1920s, except in that case, the federal government lifted the ban...

Musk’s Plans to Forge a Financial Ecosystem May Face Harsh Realities  

April 03, 2023
It’s one thing to envision building a financial ecosystem: A digital front door where users lock into a continuum of banking, payments, app-driven activities that flow naturally across hardware, software...

Quick Reads
GroupSync and Spreedly Partner to Facilitate Payments for Hotels

June 05, 2024
GroupSync has partnered with Spreedly to expedite value delivery and revenue growth for the hotel groups and event planners using its platform. With this collaboration, the GroupSync platform that provides online booking for group hotel rooms and meeting spaces will integrate Spreedly’s open payments platform, the companies said in a Wednesday (June 5) press release […]

Adyen Updates Financial Objectives Amid Investor Scrutiny

November 08, 2023
Adyen has “evolved its financial objectives in order to specify timelines around growth expectations,” the FinTech platform said Wednesday (Nov. 8) in a press release issued in conjunction with its Investor Day. The...

Square Promises ‘Full Review’ After Widespread Outage

September 08, 2023
Square has said it will investigate and publish a full review of an outage that impacted merchants for about 19 hours late Thursday (Sept. 7) and early Friday. The payments...

Report: African FinTech Flutterwave Planning an IPO

August 22, 2023
 Nigerian payments company Flutterwave is reportedly planning to go public. In an interview with Bloomberg News published Tuesday (Aug. 22), the company’s chief executive said it is moving forward with a planned initial public...