Stripe Slashes Valuation of $55B Funding Campaign
Stripe Slashes Valuation of $55B Funding Campaign
March 01, 2023  |  Investments

Stripe has lowered the valuation of its $55 billion fundraise by around 10%. The reduction was reported late Tuesday (Feb. 28) by The Information, which...

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Credit Unions That Match Payments With Personalization Win Digital Wallet Share
Credit Unions That Match Payments With Personalization Win Digital Wallet Share
March 01, 2023  |  Credit Unions

Digital wallets are helping to create a faster, more expedited checkout for consumers. As financial institutions (FIs) and tech companies battle for market share and...

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Vindicia Says Failed Payments Threaten Healthcare and Insurance Customer Experience
Vindicia Says Failed Payments Threaten Healthcare and Insurance Customer Experience
March 01, 2023  |  Opinion

The problem of failed transactions has yet to be fully addressed in industries such as healthcare, insurance and utilities, Vindicia Chief Strategy Officer Trace Galloway...

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European Real-Time Payments See Historic Growth
European Real-Time Payments See Historic Growth
March 01, 2023  |  Real-Time Payments

Real-time payments are quickly becoming ubiquitous in developed nations worldwide, with businesses and consumers relying on this payment method in ever-growing numbers. A PYMNTS study...

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AI Fraud Detection Efforts Fall Short Without Proper Data and Formatting
AI Fraud Detection Efforts Fall Short Without Proper Data and Formatting
March 01, 2023  |  Artificial Intelligence

It’s become impossible to ignore the recent boom in artificial intelligence interest, and while AI is not new to the payments space, its utility is...

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Spotify Says Payments Choice Critical to Growing Global Streaming Market Share
Spotify Says Payments Choice Critical to Growing Global Streaming Market Share
March 01, 2023  |  Payment Methods

A successful payment is music to the ears of consumers and corporations involved in streaming entertainment, so for global brands in the space, there’s no...

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Time, Investment and Creative Thinking Needed to Accelerate UK and EU Open Banking Adoption
Time, Investment and Creative Thinking Needed to Accelerate UK and EU Open Banking Adoption
March 01, 2023  |  Digital-First Banking

Five years after open banking became a regulatory requirement, the U.K. now claims 7 million active users. That figure, representing less than 20% of the...

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Despite Embedded Finance’s Promise, Slowing BNPL Growth Sends Marqeta Shares Plummeting 
Despite Embedded Finance’s Promise, Slowing BNPL Growth Sends Marqeta Shares Plummeting 
February 28, 2023  |  Earnings

Slowing buy now, pay later (BNPL) volumes and customers’ belt tightening helped send Marqeta’s shares down sharply Tuesday after earnings. By the numbers, the card...

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GoodRx Takes on Amazon RxPass by Building Consumer Discount Prescription Destination
GoodRx Takes on Amazon RxPass by Building Consumer Discount Prescription Destination
February 28, 2023  |  Earnings

As it moves to shed issues related to a key customer loss in 2022 — believed to be Kroger — GoodRx got busy late last...

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