Payments

Most Recent

  • Axya Raises $12 Million to Expand AI Procurement Platform

    Thursday 24th September - 9:30 amAxya Raises $12 Million to Expand AI Procurement Platform
    Procurement platform Axya raised 17 million Canadian dollars (about $12 million) in new funding, according to a Thursday (Sept. 24) press release provided to PYMNTS. The Montreal-based company’s Series A financing ...
  • Why 63 CPG Brands Said Yes to Smart Checkout

    Thursday 24th September - 4:02 amWhy 63 CPG Brands Said Yes to Smart Checkout
    The shopping basket has always held the answer. Brands just haven’t had a clear way to read it at the moment a customer pays. Smart checkout technology could change that ...
  • Businesses Move Fraud Checks Ahead of Payments

    Thursday 24th September - 4:00 amBusinesses Move Fraud Checks Ahead of Payments
    A payment request can look perfectly ordinary until someone checks the bank account. By then, the finance team may be one click away from sending money to a fraudster. “Prevention First: ...
  • S&P Global Data Shows Fastest US Business Growth Since Post-COVID Reopening

    Wednesday 23rd September - 4:58 pmS&P Global Data Shows Fastest US Business Growth Since Post-COVID Reopening
    U.S. business activity grew in September at the fastest rate for over five years, according to the S&P Global US Flash PMI released Wednesday (Sept. 23). The flash S&P Global US PMI Composite ...
  • SoFi Bets $25 Billion on Putting Stablecoins Behind the Card Swipe

    Wednesday 23rd September - 4:47 pmSoFi Bets $25 Billion on Putting Stablecoins Behind the Card Swipe
    Consumers and merchants were supposed to be the silver bullet driving scalable digital asset adoption. The cryptocurrency industry is mature enough for that to have already happened by now, and ...
  • NMI Expands Business Capital Lending Program for Small Merchants

    Wednesday 23rd September - 3:01 pmNMI Expands Business Capital Lending Program for Small Merchants
    Embedded payments infrastructure company NMI is expanding its NMI Business Capital service to help more merchants access financing, according to a Wednesday (Sept. 23) press release. “The expansion reflects NMI’s focus ...
  • MoonPay Boosts Tokenization Business With North Capital Deal

    Wednesday 23rd September - 2:09 pmMoonPay Boosts Tokenization Business With North Capital Deal
    MoonPay is continuing its acquisition spree by merging with private markets infrastructure platform North Capital. The acquisition is designed to bring regulated private markets infrastructure directly to MoonPay’s platform, rather than ...
  • Agentic AI Could Make Net 30 Obsolete

    Wednesday 23rd September - 11:13 amAgentic AI Could Make Net 30 Obsolete
    It’s the year 2026, and net-30 terms still dominate the corporate landscape. Companies have digitized invoices, automated accounts payable, connected bank accounts through APIs, and built future-proof, sophisticated cash forecasts. But ...
  • Thredd Taps Velocity to Speed Stablecoin-Powered Money Movement 

    Wednesday 23rd September - 9:10 amThredd Taps Velocity to Speed Stablecoin-Powered Money Movement 
    Thredd is expanding its issuer processing platform to include stablecoin-powered money movement capabilities. This expansion stems from a partnership with stablecoin treasury and settlement platform Velocity, Thredd announced in a Wednesday (Sept. 23) news ...
  • WorkWhile CEO Bets AI Creates a Worker Shortage, Not a Job Shortage

    Wednesday 23rd September - 4:03 amWorkWhile CEO Bets AI Creates a Worker Shortage, Not a Job Shortage
    The loudest arguments about artificial intelligence and labor have focused on how many jobs machines will take. WorkWhile CEO Simon Khalaf is planning around a different constraint: too few workers ...
  • Tech Teams Gain Sway Over AP Buying Decisions

    Wednesday 23rd September - 4:00 amTech Teams Gain Sway Over AP Buying Decisions
    Accounts payable technology is being judged on how well it connects to the systems businesses already use, giving developers, IT teams and implementation specialists a larger role in payment-platform decisions. The ...
  • Fed’s SVB Report Exposes Old Bank Risks in Digital Assets

    Tuesday 22nd September - 5:01 pmFed’s SVB Report Exposes Old Bank Risks in Digital Assets
    The government never guaranteed the USDC stablecoin’s value. But when regulators protected Silicon Valley Bank’s (SVB) uninsured depositors, they rescued $3.3 billion backing the stablecoin anyway. A new review by the ...
  • Adyen Names Klarna CFO Niclas Neglen as New Finance Chief

    Tuesday 22nd September - 4:49 pmAdyen Names Klarna CFO Niclas Neglen as New Finance Chief
    Payments FinTech Adyen hired Klarna Chief Financial Officer Niclas Neglen as its new CFO, effective Feb. 1, 2027, according to a Tuesday (Sept. 22) press release. Neglen is expected to start ...
  • Google Helps Local Governments Communicate Via AI

    Tuesday 22nd September - 3:59 pmGoogle Helps Local Governments Communicate Via AI
    Google says it wants to help local governments have “civic conversations” with AI’s assistance. The tech giant announced on its blog Tuesday (Sept. 22) that it was supporting the Jigsaw Partner ...
  • Ramp Debuts AR Tool to Keep Finance Teams From Chasing Payments

    Tuesday 22nd September - 2:58 pmRamp Debuts AR Tool to Keep Finance Teams From Chasing Payments
    Ramp has introduced a tool designed to automate invoicing and payment collections for corporate clients. Ramp Accounts Receivable, announced Tuesday (Sept. 22), allows the FinTech’s clients to use Ramp to manage both costs ...
  • Monzo’s EU Chief Leaves Neobank to Launch Robotics Startup

    Tuesday 22nd September - 2:23 pmMonzo’s EU Chief Leaves Neobank to Launch Robotics Startup
    Monzo’s European CEO is reportedly leaving to launch a robotics-focused startup for people with disabilities. Michael Carney is stepping down from the U.K. neobank, where he has served as European Union ...
  • Everyone Is Selling CFOs Real-Time Finance. Most of It Isn’t.

    Tuesday 22nd September - 12:23 pmEveryone Is Selling CFOs Real-Time Finance. Most of It Isn’t.
    The term “real time” is becoming to corporate finance what “AI-powered” became to enterprise software: Ubiquitous enough to sound meaningful, but elastic enough to mean almost anything. But real-time finance isn’t ...
  • ISO 42001 May Become a Payments AI Governance Benchmark

    Monday 21st September - 6:01 pmISO 42001 May Become a Payments AI Governance Benchmark
    Payments firms need a way to identify where artificial intelligence is being used and who’s responsible for it, as well as to monitor how those systems are managed over time. ISO/IEC ...
  • The Best Enterprise AI System Is One CFOs Are Allowed to Use

    Monday 21st September - 4:52 pmThe Best Enterprise AI System Is One CFOs Are Allowed to Use
    The most important benchmark for the next phase of enterprise artificial intelligence isn’t arising around the model’s intelligence. Instead, the most important benchmark is around a model’s data retention policies. That ...
  • Corridor Raises $25 Million to Help Small Businesses Find Health Coverage

    Monday 21st September - 3:16 pmCorridor Raises $25 Million to Help Small Businesses Find Health Coverage
    Small business-focused, artificial intelligence-native benefits brokerage Corridor launched with $25 million in funding, according to a Monday (Sept. 21) press release. The funding is aimed at remedying what Corridor described in ...
  • Coinbase Gives US Retail Traders Access to IPOs

    Monday 21st September - 2:41 pmCoinbase Gives US Retail Traders Access to IPOs
    Coinbase said it is expanding access to primary financial markets by bringing initial public offering (IPO) allocations to retail traders in the U.S. Starting with Oura’s IPO this week, eligible customers ...
  • OCC Updates Cyber Audit Rules for Banks

    Monday 21st September - 2:38 pmOCC Updates Cyber Audit Rules for Banks
    The Office of the Comptroller of the Currency (OCC) said in a bulletin released Monday (Sept. 21) that it updated the structure and references of the OCC Cybersecurity Supervision Work ...
  • 5 Crypto Launches That Bet on Clarity but Are Still Going

    Monday 21st September - 11:40 am5 Crypto Launches That Bet on Clarity but Are Still Going
    The cryptocurrency industry spent years citing U.S. regulatory clarity as the prerequisite for its next phase of growth. This past week showed the industry may have had the sequence backward. On ...
  • Priority Board Backs CEO’s Go-Private Deal at $1.6 Billion Valuation

    Monday 21st September - 11:15 amPriority Board Backs CEO’s Go-Private Deal at $1.6 Billion Valuation
    Payments and banking solution provider Priority Technology Holdings has agreed to be taken private by an investor group led by the company’s chairman and CEO, Thomas Priore, the company said ...
  • Younger Cardholders Tell Issuers What Would Get Them to Use Their Cards More

    Monday 21st September - 4:00 amYounger Cardholders Tell Issuers What Would Get Them to Use Their Cards More
    Issuers can invest in faster, more precise credit decisions, but those improvements alone may not persuade customers to change how they pay. Cardholders need to see a benefit they can ...
  • Citi CEO Says Companies Scrambling to Launch AI Cyber Defenses

    Sunday 20th September - 7:51 pmCiti CEO Says Companies Scrambling to Launch AI Cyber Defenses
    Citigroup’s CEO says artificial intelligence-related security concerns have led to a wave of cyber defense fixes in the business world. “There is a race to defend and shore up all of ...
  • Avant Joins FinTech Push to Bring Banking In-House

    Friday 18th September - 7:08 pmAvant Joins FinTech Push to Bring Banking In-House
    FinTech company Avant filed an application to establish an insured national bank called Avant Bank, N.A., the company said in a Friday (Sept. 18) press release. Avant filed the application for ...
  • CFTC Files Crypto Regulation Proposal After Clarity Act Fails

    Friday 18th September - 4:52 pmCFTC Files Crypto Regulation Proposal After Clarity Act Fails
    The Commodity Futures Trading Commission has submitted to the Office of Management and Budget a proposal to regulate crypto asset transactions and crypto asset markets, according to a pending regulatory ...
  • B2B Payments’ Next Legacy Format Is the PDF

    Friday 18th September - 4:26 pmB2B Payments’ Next Legacy Format Is the PDF
    The paper check has spent years as the punchline of B2B payments modernization. The next legacy format is already sitting in the accounts payable inbox. It’s the PDF. The PDF invoice ...
  • OpenAI Targets Legal Tech Market With Astra for Law

    Friday 18th September - 3:44 pmOpenAI Targets Legal Tech Market With Astra for Law
    OpenAI has launched an artificial intelligence foundation designed to be used by law firms and legal technology companies to build AI products and workflows, the company said in a Thursday ...
  • Is the Enterprise Insurance Market Agentic AI’s Hidden Ceiling?

    Friday 18th September - 11:14 amIs the Enterprise Insurance Market Agentic AI’s Hidden Ceiling?
    Insurers are in the predictability business. Artificial intelligence is an unpredictable technology. For CFOs and CISOs and their cyber insurance partners, that uncomfortable juxtaposition is becoming harder to ignore as ...
  • CFOs Spent Years Adding to the Payments Stack. Now They May Need to Tear It Apart.

    Thursday 17th September - 6:42 pmCFOs Spent Years Adding to the Payments Stack. Now They May Need to Tear It Apart.
    CFOs have typically solved payments problems by buying more payments technology. A new rail for faster settlement, another provider for cross-border payments. Fraud software, treasury platforms, AP automation, virtual card capabilities, ...
  • Amazon Urges Industry and Government Partnership on AI Safeguards

    Thursday 17th September - 4:53 pmAmazon Urges Industry and Government Partnership on AI Safeguards
    Amazon said artificial intelligence labs should ensure models are safe and fully tested before releasing them but did not call for the industry to slow down, Reuters reported Thursday (Sept. ...
  • Plaid and ID.me Team to Strengthen Benefit Payment ID Checks

    Thursday 17th September - 4:40 pmPlaid and ID.me Team to Strengthen Benefit Payment ID Checks
    Plaid and digital identity wallet ID.me launched a benefits payments partnership, according to a Thursday (Sept. 17) news release. The collaboration is designed to combine ID.me’s wallet with Plaid’s financial account ...
  • FDIC Proposes Fast Track for Bank Merger Reviews

    Thursday 17th September - 3:37 pmFDIC Proposes Fast Track for Bank Merger Reviews
    The Federal Deposit Insurance Corporation (FDIC) board of directors voted Thursday (Sept. 17) to approve a proposed rule that it said would make the agency’s review of bank merger transactions ...
  • Bottomline Connects Payment Rails and Blockchains in One Platform

    Thursday 17th September - 3:35 pmBottomline Connects Payment Rails and Blockchains in One Platform
    Business payments firm Bottomline introduced a Software-as-a-Service (SaaS) platform designed to improve payment messaging, according to a Thursday (Sept. 17) news release. Global Pay Connect is aimed at helping “financial institutions ...
  • S&P Acquires OpenZeppelin to Bring Risk Assessment to On-Chain Finance

    Thursday 17th September - 12:39 pmS&P Acquires OpenZeppelin to Bring Risk Assessment to On-Chain Finance
    S&P Global is acquiring blockchain security company OpenZeppelin as it looks to expand its risk assessment business to on-chain financial products, according to a Thursday (Sept. 17) news release. “The transaction ...
  • The Fed Rate Hike Is Making Corporate Cash Too Expensive to Ignore

    Thursday 17th September - 12:14 pmThe Fed Rate Hike Is Making Corporate Cash Too Expensive to Ignore
    The Federal Reserve just made corporate cash strategic again. The Fed on Wednesday (Sept. 16) raised its benchmark interest rate by a quarter percentage point, bringing the federal funds target range ...
  • Banks Use AI Agents to Catch Compliance Drift Earlier

    Thursday 17th September - 4:01 amBanks Use AI Agents to Catch Compliance Drift Earlier
    Watch more: Digital Shift With Flagright’s Chris Phillips Financial institutions have spent years stalking the risks and opportunities that artificial intelligence brings to their security-critical space. Then came AI agents. These agents ...
  • European Companies Shift Treasury to Mobile With Bank of America CashPro

    Thursday 17th September - 4:00 amEuropean Companies Shift Treasury to Mobile With Bank of America CashPro
    Bank of America’s digital platform for treasury tasks, CashPro App, was used by European companies to approve more than 100 billion euros (about $115 billion) in payments in the first ...
  • American Express Escalates Business Banking War With High-Yield Savings Launch

    Wednesday 16th September - 3:11 pmAmerican Express Escalates Business Banking War With High-Yield Savings Launch
    American Express launched a new high-yield Business Savings account as part of its strategy to add integrated financial solutions to Amex Business membership, the company said in a Tuesday (Sept. ...
  • Revolut and Fed Incidents Expose New Risks Inside Banking’s Trust System

    Wednesday 16th September - 11:24 amRevolut and Fed Incidents Expose New Risks Inside Banking’s Trust System
    Revolut and the Federal Reserve are in the news this week after suffering two banking infrastructure compromises. However, the most interesting thing about the separate incidents isn’t what happened; it’s ...
  • Circle Launches Agentic Commerce Blockchain Arc With 100+ Partners

    Wednesday 16th September - 11:19 amCircle Launches Agentic Commerce Blockchain Arc With 100+ Partners
    Circle has introduced Arc, a blockchain designed for financial markets, real-time money movement and agentic economic activity. Arc launches with integration into Circle’s platform, including the USDC stablecoin, the company said in ...
  • India Brings Merchant Fees to Popular UPI Payment System

    Wednesday 16th September - 10:28 amIndia Brings Merchant Fees to Popular UPI Payment System
    For six years, India’s United Payments Interface (UPI) has been free for everyone involved, but that’s reportedly about to change. Reuters reported Wednesday (Sept. 16) that India is set to begin charging merchants a ...
  • OpenAI Eyes $1.2 Trillion Valuation in Pre-IPO Funding Round

    Wednesday 16th September - 6:41 amOpenAI Eyes $1.2 Trillion Valuation in Pre-IPO Funding Round
    OpenAI is reportedly weighing a funding round at a $1.2 trillion valuation before going public. The artificial intelligence (AI) startup has held early discussions with investors about a private funding round ...