July 27, 2023
Mastercard: Click to Pay Transactions Surge 70% Over Last Year’s...

New payment flows and Click to Pay transactions surged for Mastercard in the second quarter of 2023 as consumers and businesses continued to turn to digital channels as their spending remained buoyant. Earnings materials from...

July 27, 2023
GlossGenius Raises $28 Million for Beauty and Wellness Platform

GlossGenius has secured $28 million in Series C funding to continue building its platform for small business owners in the beauty and wellness industry. This is the second up-round for GlossGenius...

July 26, 2023
Commercial Payments Trades Legacy Processes for Modern Digital Efficiencies

Today’s macro climate has firms of all shapes and sizes sharpening their go-forward strategies.  And when faced with the question of buy, build or partner, sometimes it makes sense to...

July 25, 2023
Visa Direct Transactions Soar 20% as P2P and B2B Use...

Visa’s fiscal third-quarter results show traction in new payment flows and management pointed toward resilient customer spending. The payment networks’ most recent results show that overall payments volumes gained 9% during the...

July 25, 2023
Thales Pays $3.6 Billion for Cybersecurity Firm Imperva

French multinational Thales has acquired cybersecurity firm Imperva from owner Thoma Bravo for $3.6 billion. The deal, announced Tuesday (July 25), is designed to bolster Thales’ digital identity and cybersecurity business improve its data security capabilities and help...

July 25, 2023
Staff Shortages Drive Restaurant Visits, Spend Per Meal Decline

June restaurant purchases were at their lowest volume in over a year as consumers tepidly, and unevenly, increased their discretionary spend. As noted in proprietary research carried out for PYMNTS’...

July 25, 2023
Corpay’s X-Border Business Launches Internal Invoicing Solution

Corpay’s cross-border business has launched a tool that automates and streamlines the settlement of internal invoices for corporations that have global subsidiaries. The new Netting Manager enables businesses to operate across the...

July 25, 2023
TrueLayer Introduces Payment Links to Facilitate Omnichannel Purchases

TrueLayer has introduced payment links to make getting paid easier and more convenient. Payment links are URLs, buttons or QR codes that enable businesses to accept payments from customers via almost...

July 25, 2023
Nacha: Same-Day ACH Payment Values Jump 51%

The head of the ACH Network says same-day ACH payments have grown “significantly” in 2023. In the first six months of the year, the value of those payments was nearly $1.2 trillion,...