SoFi Claims $400 Million in Losses From Student Loan Moratorium
SoFi Claims $400 Million in Losses From Student Loan Moratorium
March 07, 2023  |  Debt

SoFi says the ongoing federal student loan payment moratorium has cost it $400 million. The personal finance company has sued the U.S. Department of Education...

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Why It’s Time to Sink the Sunk Cost Theory of Legacy Payments Infrastructure
Why It’s Time to Sink the Sunk Cost Theory of Legacy Payments Infrastructure
March 07, 2023  |  Innovation

Bringing enterprise IT departments to the modern age to combat legacy systems from dragging an enterprise is vital to an organization’s survival. While other departments...

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Subscribers Cut Services and Subscription Businesses Get Serious About Innovating
Subscribers Cut Services and Subscription Businesses Get Serious About Innovating
March 07, 2023  |  Subscriptions

The freewheeling sign-ups of the pandemic era are now the good old days as subscription merchants are having to be smarter to retain customers, to...

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LendingClub: Decline in Paycheck-to-Paycheck Ranks Is ‘Encouraging’
LendingClub: Decline in Paycheck-to-Paycheck Ranks Is ‘Encouraging’
March 07, 2023  |  Consumer Insights

At first glance, there’s reason to be optimistic when viewing the current state of the paycheck-to-paycheck economy. Joint research from PYMNTS and LendingClub shows that...

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Visa: SaaS Firms Weigh Value of Embedded Payments or Becoming PayFacs
Visa: SaaS Firms Weigh Value of Embedded Payments or Becoming PayFacs
March 07, 2023  |  Digital Payments

The conventional wisdom is that all software companies will, at some point, become payments companies. But, as Deirdre Cohen, senior vice president of acquiring at...

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Credit Unions See Opportunity in ‘Mass Personalization’ of Financial Services 
Credit Unions See Opportunity in ‘Mass Personalization’ of Financial Services 
March 07, 2023  |  Credit Unions

Consumers are looking for answers as they navigate turbulent macroeconomic seas. Brian Scott, chief growth officer at PSCU, told PYMNTS that credit unions have a...

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WeightWatchers Acquiring Subscription Telehealth Platform Weekend Health
WeightWatchers Acquiring Subscription Telehealth Platform Weekend Health
March 06, 2023  |  Healthcare

WeightWatchers is acquiring subscription telehealth platform Weekend Health, which does business as Sequence. The planned acquisition will add Sequence’s platform, which offers access to healthcare...

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Next Generation of CFOs Tackle New Challenges With Digital Solutions
Next Generation of CFOs Tackle New Challenges With Digital Solutions
March 06, 2023  |  CFO

Tomorrow’s finance leaders are helping redefine the CFO role as they navigate today’s macro challenges. This, as 64 companies in the Fortune 500 added a...

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Mercedes-Benz and Visa Roll Out In-Car Payments in Germany
Mercedes-Benz and Visa Roll Out In-Car Payments in Germany
March 06, 2023  |  Payments Innovation

Mercedes-Benz has begun using Visa technology to enable native in-car payments. With Mercedes pay+, which is being rolled out on select new vehicle models beginning...

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