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Handwave has raised $4.2 million in a seed round to launch its palm-based authentication method across Europe and the United States.
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The company’s technology enables payments, age verification and loyalty programs to be done “with one wave of a hand,” according to its website.
“Using a combination of surface palm imaging and near-infrared vein mapping, Handwave creates...
Most chief financial officers (CFOs) say they understand the concept of agentic artificial intelligence — systems that can plan, reason and take actions with minimal or no human input — but few are ready to implement the technology.
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According to a July 2025 PYMNTS Intelligence report, nearly all CFOs polled were aware of agentic AI, yet only 15% expressed interest in...
In the sprawling universe of enterprise software, artificial intelligence (AI) can often be cast in extreme roles.
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Depending on the narrative, AI either propels companies into the future or threatens to displace the very humans who run them.
Yet in a corner of the enterprise often overlooked in the digital revolution, the finance back office, AI is making its mark in...
Consumer credit presents a challenge for financial institutions, as new research reveals revenue and customer relationships at stake when preferred payment methods become unavailable.
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The PYMNTS Intelligence report “What Consumers Do When Their Go-to Credit Choice Is Unavailable” examines how consumers manage expenses when their primary credit product is inaccessible....
Watch more: B2B Payments-as-a-Service Recasts AP as Revenue Generator, Uncertainty Navigator
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When times get tough, it can be tempting to view back-office functions like accounts payable (AP) as targets for cost-cutting.
But in today’s financial climate, marked by uncertainty, supply chain friction and digital fraud, that view is becoming obsolete. CFOs across industries...
You know that if a crypto company has a tough week amid the current cryptomania, that the FinTech IPO must have had a bad week as well. And that’s the case this week as the FinTech IPO index took a 5.4% tumble this week.
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The crypto company that had a tough week was DeFi Development Corp. Its stock price dropped 31.1% this week on what should have been positive news....
The Federal Reserve said Thursday (July 31) it joined other federal banking agencies in allowing banks and credit unions to obtain customers’ tax information numbers from a third party, rather than directly from the customer.
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This alternative collection method allowed by this order is optional, and banks are not required to use it, the Fed said in a Thursday press...
Jeff Bezos’ old maxim framed Amazon’s earliest days: “We’re not competitor‑obsessed, we’re customer‑obsessed.”
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Back then, a “customer” meant an online book buyer. Two decades later, that constituency is sprawling. It ranges from the home cook ordering spatulas, the chief technology officer spinning up cloud servers, the chief marketing officer buying ads or the shopper...
Mercado Libre CEO Marcos Galperin will focus “quite a bit” on artificial intelligence when he moves to a new role as executive chairman on Jan. 1, 2026, he said Wednesday (July 30) on the company’s investor relations podcast.
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Galperin announced the CEO transition in a May letter to employees, saying that after 26 years leading the company that is now a leading commerce...
Crypto is one of the least linear, most volatile, industries out there. That also holds true for crypto companies such as Coinbase.
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For example, Coinbase’s second-quarter 2025 earnings call Thursday (July 31) show a company treading a narrow path between innovation, compliance and resilience.
On one hand, it recorded a $1.5 billion unrealized gain on strategic...