Mastercard has chosen spend management/virtual card FinTech Extend as one of its financial operations platform partners. The collaboration, announced Monday (Oct. 19), is designed to bring new spend and expense management tools directly to commercial card issuing banks in the U.S. and Canada. “Banks start...
Ramp has reportedly reached a $60 billion valuation with its newest funding round. That’s according to a report Friday (Oct. 9) by Bloomberg News, citing sources familiar with the matter. They said the spend management platform brought in $1.85 billion in the round, and that...
Artificial intelligence (AI) may be climbing the strategic agenda at credit unions, but the most consequential gap is no longer one of awareness. It is the widening distance between what business members are asking for and what their financial institutions are prepared to deliver. Findings...
The bigger the company, the more sprawling its back office tends to be. Enterprise resource planning (ERP) systems are supplemented by treasury management software, accounts-payable and receivables platforms, fraud tools, bank-connectivity layers, payment orchestration, foreign-exchange systems, reconciliation software and elaborate data infrastructure. Now, artificial intelligence...
August 21, 2026
Artificial intelligence (AI) may be climbing the strategic agenda at credit unions, but the most consequential gap is no longer one of awareness. It is the widening distance between what business members are asking for and what their financial institutions are prepared to deliver. Findings in the June/July 2026 edition of the Credit Union Tracker® Series, […]
May 05, 2026
Traditional thinking holds that the defining challenge for middle market businesses is around achieving growth. But traditional thinking can be wrong, and today, that equation has flipped. Findings in a...
April 07, 2026
For many small- to medium-sized businesses (SMBs), financial health is not determined solely by total revenue, but by the precise timing of that revenue’s arrival. PYMNTS Intelligence research indicates that...
March 31, 2026
For small businesses, access to credit is, in many cases, available. The problem is that many of the products offered do not reflect how those businesses operate. PYMNTS Intelligence, in...
October 22, 2026
Financial technology firm Coast announced in a Thursday (Oct. 22) press release that it has raised $35 million in a new growth equity funding round to expand its payment and expense management platform built for physical economy businesses. Thomvest Ventures led the growth round. New investors Intuit Ventures, Small World Capital and Alpha Square Group […]
October 19, 2026
Mastercard has chosen spend management/virtual card FinTech Extend as one of its financial operations platform partners. The collaboration, announced Monday (Oct. 19), is designed to bring new spend and expense...
October 11, 2026
Ramp has reportedly reached a $60 billion valuation with its newest funding round. That’s according to a report Friday (Oct. 9) by Bloomberg News, citing sources familiar with the matter....
July 28, 2026
Corporate card/spend management platform PEX has raised $160 million in new funding. The debt and equity financing will help support product innovation and allow PEX to expand its charge card offering, increase...
