PYMNTS News

Data Shows 52% of Gen Z Borrow Money to Make Ends Meet
Data Shows 52% of Gen Z Borrow Money to Make Ends Meet
July 31, 2023  |  Connected Economy

As is often the case, but especially during troubled economic times, a fair amount of borrowing to meet expenses goes on.  In New Reality Check: The...

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Fed’s Senior Loan Officer Survey Signals Pressure as Small Businesses Seek Credit
Fed’s Senior Loan Officer Survey Signals Pressure as Small Businesses Seek Credit
July 31, 2023  |  Banking

The traditional avenues of lending are narrowing, signaling tougher times ahead for smaller businesses seeking access to credit. As detailed Monday (July 31) in the...

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Time for CFOs to Break the AP/AR Automation Bottleneck 
Time for CFOs to Break the AP/AR Automation Bottleneck 
July 31, 2023  |  CFO

Today’s CFOs find themselves more and more in the driver’s seat.  But that doesn’t mean the road ahead is a clear one.  Coming out of a...

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Educational Conglomerate Pearson Adding Generative AI-Based Study Tools
Educational Conglomerate Pearson Adding Generative AI-Based Study Tools
July 31, 2023  |  artificial intelligence

Educational conglomerate Pearson is adding new generative artificial intelligence (AI)-based study tools to its real-time personalized learning experience. The firm’s online textbook and assessment platforms Pearson+ and...

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New Relic Agrees to $6.5 Billion Acquisition by Francisco Partners and TPG
New Relic Agrees to $6.5 Billion Acquisition by Francisco Partners and TPG
July 31, 2023  |  Acquisitions

New Relic, an observability platform for engineers, has agreed to be acquired by private equity firms Francisco Partners and TPG Capital for an equity value of approximately $6.5 billion....

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Treasury Prime Teams With Academy Bank to Expand BaaS Offerings
Treasury Prime Teams With Academy Bank to Expand BaaS Offerings
July 31, 2023  |  Digital Banking

Treasury Prime has teamed with Academy Bank to bring embedded finance services to its customers. “This partnership addresses the increasing demand for flexible and scalable solutions that...

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Birkenstock Preparing for September IPO in the US
Birkenstock Preparing for September IPO in the US
July 31, 2023  |  Retail

German footwear brand Birkenstock is reportedly getting set for a listing in the U.S. as soon as September. The brand’s owner, private equity firm L Catterton,...

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Upwork and OpenAI Team to Help Companies Find AI Experts
Upwork and OpenAI Team to Help Companies Find AI Experts
July 31, 2023  |  artificial intelligence

Work marketplace Upwork is teaming with OpenAI to help businesses find artificial intelligence (AI) expertise. The partnership, announced Monday (July 31), gives OpenAI customers and other businesses access to professionals “deeply...

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eToro’s Value Dips After $120 Million Secondary Share Sale
eToro’s Value Dips After $120 Million Secondary Share Sale
July 31, 2023  |  Markets

Trading platform eToro’s valuation has reportedly dropped following a $120 million secondary share sale. As CNBC reported Monday (July 31), the Israeli company had been valued at $3.5 billion...

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