PYMNTS News

YouLend Expands Revenue-Based Financing Capacity by $5.1 Billion
YouLend Expands Revenue-Based Financing Capacity by $5.1 Billion
January 29, 2024  |  Investments

Global embedded finance platform YouLend secured a financing deal that will enable it to extend 4 billion pounds (about $5.1 billion) in additional revenue-based financing...

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Campuses Tap AI-Powered Checkout to Make Payments Invisible
Campuses Tap AI-Powered Checkout to Make Payments Invisible
January 29, 2024  |  Artificial Intelligence

From universities to hospitals, campuses with their own identity verification systems are using computer vision checkout to integrate payments more seamlessly into shoppers’ on-site routines....

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SoFi New Member Additions Soared 44% Amid Strong ‘Cross-Buy’ Opportunities
SoFi New Member Additions Soared 44% Amid Strong ‘Cross-Buy’ Opportunities
January 29, 2024  |  Earnings

SoFi Technologies said in its latest earnings report that it had seen significant growth in cross-selling activity, and noted that the vast majority of its...

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Regional Banks Try to Smooth ‘Scar Tissue’ of SVB Collapse
Regional Banks Try to Smooth ‘Scar Tissue’ of SVB Collapse
January 29, 2024  |  Banking

America’s regional lenders say they’re emerging from the shadow of Silicon Valley Bank. Get the Full Story Complete the form to unlock this article and enjoy...

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Experian Launches Service to Secure Savings and Cancel Unwanted Subscriptions
Experian Launches Service to Secure Savings and Cancel Unwanted Subscriptions
January 29, 2024  |  Subscriptions

Experian launched a new feature that can identify opportunities for consumers to save on recurring bills and paid subscriptions. Get the Full Story Complete the...

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BNPL Finds Traction in Unexpected Niches and Subscription Services 
BNPL Finds Traction in Unexpected Niches and Subscription Services 
January 29, 2024  |  Buy Now Pay Later

People using buy now, pay later (BNPL) are favoring these options and incorporating them into their financial choices. This growing trend has led BNPL providers...

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Mid-Sized Firms Are Lagging in AP and AR Automation
Mid-Sized Firms Are Lagging in AP and AR Automation
January 29, 2024  |  B2B Payments

Automation of business processes among small and medium-sized businesses (SMBs) is traditionally behind the level of adoption shown by larger companies that have more economic...

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Logistics Startups Slash Jobs as Freight Volumes Drop
Logistics Startups Slash Jobs as Freight Volumes Drop
January 29, 2024  |  Transportation

Last year saw a surge in layoffs in the logistics sector as freight volumes declined. Get the Full Story Complete the form to unlock this...

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Free Shipping Bolsters Loyalty Most Among Online Shoppers
Free Shipping Bolsters Loyalty Most Among Online Shoppers
January 29, 2024  |  Retail

Foot traffic is a key metric of customer attraction for brick-and-mortar stores, and online visits are the corresponding metric for online shops. If the product...

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