PYMNTS News

Consumers’ Mixed Economic Sentiments Hurt by Inflation, Lifted by Labor
Consumers’ Mixed Economic Sentiments Hurt by Inflation, Lifted by Labor
July 30, 2024  |  Consumer Insights

As consumers look at their economic prospects, they are torn between factors pulling them in different directions, feeling relatively confident about the job market but...

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SoFi Wants Tech Platform to Be AWS of Financial Services
SoFi Wants Tech Platform to Be AWS of Financial Services
July 30, 2024  |  Earnings

SoFi Technologies’ leadership wants the company to become the “Amazon Web Services” (AWS) of FinTech. What that means is a lot of investment into technology...

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Google-Anthropic Partnership Catches Eye of UK Watchdog
Google-Anthropic Partnership Catches Eye of UK Watchdog
July 30, 2024  |  ANTITRUST

Great Britain’s competition regulator is examining Google’s partnership with artificial intelligence (AI) startup Anthropic. The Competition and Markets Authority (CMA) said Tuesday (July 30) it is “considering whether it is...

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Monto Raises $9 Million to Seed B2B Payments Platform
Monto Raises $9 Million to Seed B2B Payments Platform
July 30, 2024  |  Investments

Israeli B2B payments platform Monto has emerged from stealth with $9 million in funding. “Monto enables B2B finance teams to seamlessly get paid from any AP portal...

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TriVerity and Akuvo Team to Ease Collections for Credit Unions
TriVerity and Akuvo Team to Ease Collections for Credit Unions
July 30, 2024  |  Partnerships

Collection agency TriVerity has teamed with collections/credit risk company Akuvo. The collaboration, announced Tuesday (July 30), is designed to ease the process of third-party charge-off...

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Amazon Sees 30% Rise in Same-Day and Next-Day Delivery 
Amazon Sees 30% Rise in Same-Day and Next-Day Delivery 
July 30, 2024  |  Amazon

Amazon says it has seen a sharp rise in the speed of its Prime deliveries this year. The eCommerce giant announced Tuesday (July 30) that it made more...

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Maverick COO Says Embedded Finance Drives Growth and Personalization in Digital Ecosystems
Maverick COO Says Embedded Finance Drives Growth and Personalization in Digital Ecosystems
July 30, 2024  |  Payments Innovation

The integration of financial products and services into digital ecosystems is transforming commerce. “With the advancements of technology and the platforms businesses rely on to...

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Will Earned Wage Access Unlock FedNow Sender Adoption?
Will Earned Wage Access Unlock FedNow Sender Adoption?
July 30, 2024  |  Faster Payments

One year on, FedNow and instant payments are seeing a groundswell of interest and intention to speed up funds paid out to individuals. Taking stock...

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Payments Orchestrators Become Open Payment Platforms to Improve eCommerce Efficiency
Payments Orchestrators Become Open Payment Platforms to Improve eCommerce Efficiency
July 30, 2024  |  Payments Innovation

As digital commerce evolves, businesses are constantly seeking innovative solutions to enhance their payment processes. And providers are working around the clock to give them...

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