PYMNTS News

From Managing Cash to Improving Credit, BNPL Helps Consumers Balance Payment Needs
From Managing Cash to Improving Credit, BNPL Helps Consumers Balance Payment Needs
September 26, 2023  |  Buy Now Pay Later

From affluent consumers to Gen Zs and baby boomers, buy now, pay later (BNPL) continues to gain popularity across markets, enabling consumers across all ages and income levels to acquire...

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BlockFi Receives Court Approval for Liquidation Plan
BlockFi Receives Court Approval for Liquidation Plan
September 26, 2023  |  Cryptocurrency

Crypto lender BlockFi has reportedly been granted approval for its liquidation plan by a bankruptcy court. This decision brings a glimmer of hope for customers...

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Confluent Adds Partnerships to Facilitate Real-Time Data Streams for AI
Confluent Adds Partnerships to Facilitate Real-Time Data Streams for AI
September 26, 2023  |  artificial intelligence

Data streaming platform Confluent has announced its new initiative called Data Streaming for AI, aiming to simplify and accelerate organizations’ development of real-time AI applications. Recognizing that real-time...

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Voice Tech’s Renaissance: The Conversation Gets Real with Generative AI Boost
Voice Tech’s Renaissance: The Conversation Gets Real with Generative AI Boost
September 26, 2023  |  artificial intelligence

VoiceTech is finally starting to come into its own.  And it’s all thanks to the increasingly multi-modal capabilities of generative artificial intelligence (AI).  This, as a...

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Report: Birkenstock Prepares for IPO, Targets $10 Billion Market Capitalization
Report: Birkenstock Prepares for IPO, Targets $10 Billion Market Capitalization
September 26, 2023  |  Stock Index

Birkenstock is reportedly gearing up for its highly anticipated initial public offering (IPO) with a target valuation of $10 billion.  If successful, this move would...

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Mangopay and VTEX Team to Boost Global Marketplaces
Mangopay and VTEX Team to Boost Global Marketplaces
September 26, 2023  |  Digital Payments

Payment infrastructure provider Mangopay has launched a partnership with digital commerce platform VTEX. The collaboration is designed to give marketplace operators a single pay-in and pay-out solution and...

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Wells Fargo, Centerbridge Collaborate to Provide Loans for Middle Market Firms
Wells Fargo, Centerbridge Collaborate to Provide Loans for Middle Market Firms
September 26, 2023  |  B2B Payments

Wells Fargo and Centerbridge Partners have announced a partnership to provide direct lending solutions to non-sponsor North American middle-market companies. This partnership will be facilitated through the...

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Report: Microsoft Working to Build Cheaper AI Software
Report: Microsoft Working to Build Cheaper AI Software
September 26, 2023  |  artificial intelligence

Microsoft is reportedly working on developing artificial intelligence (AI) at a lower cost while maintaining the same quality as the models of OpenAI, a company with which...

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27% of Consumers Skip Restaurant Purchases Altogether
27% of Consumers Skip Restaurant Purchases Altogether
September 26, 2023  |  Consumer Insights

As restaurants look to drive traffic amid menu price inflation, more than 1 in 4 consumers are not making restaurant purchases at all, PYMNTS Intelligence...

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