Earnings, earnings everywhere — and for connected economy stocks in the CE 100 Index, roaring ahead almost in lockstep, the week was a good one. Indeed, two sectors of the CE 100 — the Live segment and the Pay and Be Paid pillar — surged...
It was a good week on Wall Street for FinTechs despite one high-profile stock price drop from a member of the PYMNTS FinTech IPO 100: Marqeta. Led by BILL and Payoneer among others, earnings results drove the Index close to double-digits at 8.67% up for...
From touchless digital payments experiences to connected vehicles, technology provides opportunities for innovation and collaboration across many industries, including payments. Connected devices offer consumers the ability to quickly adopt digital payments. For instance, during the pandemic, consumer behavior started to shift the expectation of integrated...
The avalanche of earnings reports continued this past week, driving the CE 100 Index 2.1% higher. Porch Group shares surged nearly 73% and drove the Live segment ahead by 7.6%. The company said this week that the Texas Department of Insurance has approved its application...
And now earnings season is here, in full swing, and a series of double-digit advances and declines among our CE 100 population wound up sending the overall Index 1.4% lower. The markets, in general, were volatile too, as only the tech-heavy Nasdaq was up by...
The assets of bankrupt Banking-as-a-Service (BaaS) provider Synapse are going up for sale next month. B Riley Advisory Services, the group handling the sale, announced Friday (Oct. 25) a pair of deadlines for interest bidders: Nov. 4, 4 p.m. PT for initial indications of interest,...
Embedded finance, and in particular lending, is finding its way into various URL, app and brick-and-mortar settings these days, and is also rendered at the point of sale, giving an indication of how prevalent its integration into the connected economy has become. The opportunity —...
If there’s been a consistent theme thus far during earnings season, it’s that consumer spending has proven to be resilient across any number of demographics. And as a result, for the CE 100 Index, banking and payments-related names (which, of course, rely on transaction volumes...
EBANX has enabled merchants to use its payment services to prepare to integrate the upcoming recurring transaction capability of Brazil’s Pix, Pix Automático (Automatic Pix). With technical documentation now available from EBANX, the company’s partners will be able to start backend development and access a...
