PYMNTS News

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

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...

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Unilever Says Inflation Past Peak as Sales Climb
Unilever Says Inflation Past Peak as Sales Climb
July 25, 2023  |  Earnings

Consumer packaged goods giant Unilever believes inflation has reached its peak. The company’s finance chief made that observation Tuesday (July 25) as Unilever reported its quarterly earnings, which...

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American Express’ New Sync Program Brings Virtual Card On-Demand to U.S. Business Customers
American Express’ New Sync Program Brings Virtual Card On-Demand to U.S. Business Customers
July 25, 2023  |  Commercial Payments

American Express has rolled out its Sync Commercial Partner Program to help improve the workflow between technology organizations that serve businesses in the U.S. and...

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Salesforce Says the Future of B2B Commerce Is Being Powered by AI Decisioning
Salesforce Says the Future of B2B Commerce Is Being Powered by AI Decisioning
July 25, 2023  |  B2B Payments

Customer touchpoints are increasingly coming alive with the help of innovations like artificial intelligence (AI). And it isn’t just consumer-focused. Business-to-business (B2B) and commercial customers...

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Why the Fed Underestimates the Pressures of the Paycheck-to-Paycheck Economy
Why the Fed Underestimates the Pressures of the Paycheck-to-Paycheck Economy
July 25, 2023  |  Consumer Finance

Amber Carroll, senior vice president of membership and lifecycle strategy at LendingClub, told PYMNTS that the Federal Reserve’s long-quoted stat on financial well-being could use...

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PSCU CEO: Credit Unions Will Weather the Battle for Deposits Amid Profit Crunch
PSCU CEO: Credit Unions Will Weather the Battle for Deposits Amid Profit Crunch
July 25, 2023  |  Credit Unions

Earnings season is underway, spotlighting a new reality for smaller banks in a long, hot summer. “They’ve had to re-engineer managing their business from just...

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How One Banker Sees the FedNow and RTP® Faster Payments Landscape Evolving
How One Banker Sees the FedNow and RTP® Faster Payments Landscape Evolving
July 25, 2023  |  Real-Time Payments

The flagship real-time payment system in the U.S., The Clearing House’s RTP® network, reaches 65% of all demand deposit accounts in the country, according to...

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Banks’ Cautious Approach to Generative AI Is More Internal Than Customer-Facing
Banks’ Cautious Approach to Generative AI Is More Internal Than Customer-Facing
July 25, 2023  |  artificial intelligence

Generative artificial intelligence (AI) has quickly become one of the most important topics of our time, and global banks are beginning to explore the possibilities...

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Apple Plans to Ship Same Number of iPhones Despite Global Economic Challenges
Apple Plans to Ship Same Number of iPhones Despite Global Economic Challenges
July 24, 2023  |  Apple

Apple reportedly plans to ship about 85 million units of the upcoming iPhone 15 — about the same number of iPhones it shipped last year...

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