Pymnts News/page/179 news and trends

Eved Adds Prepaid Card, App for TV, Film Production Expenses
B2B Payments // May 31, 2024

Eved has added a prepaid Visa card and an accompanying mobile app to its range of payment and management solutions for the entertainment and media industry. The EvedPay card and mobile app are designed to help companies pay for and manage day-to-day expenses involved with...

54% of Gen Z Shoppers Use Pay Later Plans to Buy Groceries
Consumer Finance // May 31, 2024

Pay later plans — those arrangements enabling consumers to cover purchases over a set period of time — are not only a popular way to shop; they have increasingly become a method to manage spending. Approximately 60% of the consumers PYMNTS Intelligence recently surveyed for...

Walmart Extends InHome Delivery Service to 10 Million More Households
Delivery // May 31, 2024

Walmart is now offering an additional 10 million households the opportunity to have groceries and everyday essentials delivered to their doorstep, garage or kitchen. The retailer’s InHome delivery service has been expanded to include Boston, Detroit, Minneapolis, Philadelphia and three California cities: San Bernardino, Riverside...

Anthropic’s Claude Lets Businesses Create AI Helpers From Scratch
artificial intelligence // May 31, 2024

Anthropic, the startup behind the artificial intelligence (AI) assistant Claude, is launching a new “tool use” feature that could change how businesses interact with their customers. The new capability enables businesses to develop custom AI helpers, transforming how they manage customer support inquiries and optimizing...

Interviews & Exclusives
Treasury Management Playbook Dials Up New Cash Flow Strategies

May 31, 2024
At a time of higher interest rates and heightened market volatility, actionable insights and forecasting take on greater importance for corporate treasury teams. For example, better cash flow prediction can allow treasurers to manage liquidity more tightly, minimizing financing costs. However, the wealth of data now available to large companies does not automatically transform into […]

Embedded Authentication Could Accelerate Digital Payments

May 31, 2024
As we move fast and furiously into a digitally connected economy, payments modernization is essential. After all, how businesses and consumers pay, and get paid, is central to defining the...

Bank of America: Collaboration and Innovation Will Drive the Future of Payments

May 31, 2024
Payments modernization, depending on the financial services company, will be synonymous with upgrades. But it also needs to be synonymous with innovation, collaboration and business outcomes. As Wally Mlynarski, head...

FinTech IPO Index Gains 1.2% as MoneyLion and Sezzle Surge

May 31, 2024
Earnings dragged down several names in the FinTech IPO Index, but the overall performance was positive, up 1.2%. A few double-digit gainers led the way. MoneyLion shares gained more than...

Quick Reads
Eved Adds Prepaid Card, App for TV, Film Production Expenses

May 31, 2024
Eved has added a prepaid Visa card and an accompanying mobile app to its range of payment and management solutions for the entertainment and media industry. The EvedPay card and mobile app are designed to help companies pay for and manage day-to-day expenses involved with television and film production, the company said in a Thursday […]

Walmart Extends InHome Delivery Service to 10 Million More Households

May 31, 2024
Walmart is now offering an additional 10 million households the opportunity to have groceries and everyday essentials delivered to their doorstep, garage or kitchen. The retailer’s InHome delivery service has...

Nvidia on Track to Become Second-Most Valuable Company

May 31, 2024
Nvidia’s role in the artificial intelligence market could reportedly make it the world’s second-most valuable company. The chip maker could overtake Apple to assume the position, behind No. 1 ranked...

Forward Raises $16 Million to Grow Payment Facilitation Platform

May 31, 2024
Forward plans to help more software-as-a-service (SaaS) companies add payments as a product after raising $16 million in seed financing. The company will use the new financing to meet the...