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Hard times can help to build great companies.
The reason? Amid challenges such as operational uncertainty, ongoing geopolitical friction and supply chain disarray, firms frequently scramble to turn cost centers into levers for resilience.
Given the realities of today’s macro backdrop, many businesses are looking no further than one of the most stubbornly analog components of their operations: B2B...
Uber has launched an “interest list” for riders wishing to use its Atlanta robotaxi service.
Customers based in that city can sign up for the wait list beginning Tuesday (April 15) to boost their chances of getting matched with an autonomous vehicle (AV) operated by Google-owned Waymo, the company said in a statement provided to PYMNTS.
“With 14 AV partners to date — and tens of thousands of...
South Africa-based payments infrastructure company Stitch raised $55 million in a Series B funding round to expand its offerings for enterprise merchants.
The company will use the new funding to deepen its in-person payments offering, bolster its online payments suite and move into the acquiring space, Stitch said in a press release emailed to PYMNTS.
Stitch has raised $107 million in total...
Intuit says it is preparing to acquire mobile-first credit card platform Deserve.
The deal, announced Monday (April 14), will see Intuit acquire “key technology” and team members from Deserve, part of what Intuit says is its strategy to expand its money management offerings.
“This agreement aligns to our strategy to further invest in and expand our money offerings to support our goal of...
Banks, especially small banks such as credit unions and community banks, risk losing account holders to investing platforms.
The checking and savings accounts housed in primary financial institutions (FIs) provide the on-ramps, so to speak, for individuals to take their money and invest it with the likes of Robinhood, particularly as cryptocurrencies become more mainstream alongside traditional...
In the fast-evolving world of FinTech, where innovation can often race ahead of regulation, emerging markets present both an opportunity and a challenge for business-to-consumer (B2C) payment providers.
Many emerging sectors such as gaming, hemp-based wellness and even online pharmacies are becoming test beds for the next generation of payments innovation.
These verticals, often deemed “high-risk...
As seen in current events such as LVMH’s lackluster revenue picture announced Monday (April 14), which showed a decided pullback in luxury spending due to uncertainty in the economy, consumer spending patterns are changing. But know this: When the economy seems uncertain, consumers still get their nails done.
It’s a small but telling detail. Only 5.1% of all adult American consumers who routinely...
Navigating retail demands an understanding of the consumers shaping its future. Arguably, the future belongs to zillennials, a pivotal demographic.
The PYMNTS Intelligence report “What Makes Zillennials Shop?” explored the preferences and values-driven buying habits of zillennials, defined as consumers born between 1991 and 1999. It highlighted their growing impact on the retail market as they...
It’s about time for B2B firms to ensure their payment processes align with the digital expectations of the next generation of decision-makers.
The latest PYMNTS Intelligence in the March 2025 “Business Payments Tracker®” series reveals that in a push to modernize business payments and mirror the seamless experience consumers enjoy, companies are merging virtual cards with mobile wallets. This...
Digital payments have transformed the financial landscape in Latin America, reshaping how consumers and businesses transact. The region has become a hot spot for innovation, with digital wallets, account-to-account (A2A) transfers and buy now, pay later (BNPL) solutions rapidly gaining traction. By 2030, digital payments are expected to account for two-thirds of the region’s eCommerce transaction...