Data news and trends

Thrive Capital Reportedly Weighing $1 Billion Databricks Stake
Investments // November 14, 2024

Thrive Capital is reportedly in discussions to invest $1 billion in analytics software maker Databricks. This deal would value the company around $55 billion, Bloomberg News reported Thursday (Nov. 14), citing sources familiar with the matter. Those sources say Thrive is expected to lead a share sale, allowing some...

Volante Adds Business Intelligence Module to Payments Platform
B2B Payments // November 14, 2024

Volante Technologies has expanded the capabilities of its Volante Payments Platform by adding a module that gives financial institutions greater visibility and control over their payments business. The new module, Volante Payments Intelligence, offers banks historical and real-time payments data together with actionable intelligence for...

Nearly Three-Quarters of Small Businesses Using Embedded Lending Access Bigger Credit Lines
SMBs // November 14, 2024

Small and medium-sized businesses (SMBs) face challenges when securing credit, especially in an uncertain economy. Embedded lending, which integrates credit options directly into purchase platforms, offers a fast and convenient solution. But a key element of embedded lending is the need for SMBs to share...

CFPB: States Should Fill Gaps in Laws to Protect Consumers’ Financial Data
CFPB // November 12, 2024

At a time when more financial institutions are monetizing consumers’ financial data, state policymakers should assess gaps in their data privacy laws, the Consumer Financial Protection Bureau (CFPB) said Tuesday (Nov. 12). The regulator found in a report released Tuesday that many states have adopted...

Interviews & Exclusives
Nearly Three-Quarters of Small Businesses Using Embedded Lending Access Bigger Credit Lines

November 14, 2024
Small and medium-sized businesses (SMBs) face challenges when securing credit, especially in an uncertain economy. Embedded lending, which integrates credit options directly into purchase platforms, offers a fast and convenient solution. But a key element of embedded lending is the need for SMBs to share their financial data in real time — something many businesses […]

Technology Collaboration Set to ‘Supercharge’ Service-Oriented Approach

November 12, 2024
Collaboration will be key for payment industry players to deliver value in marketing, fraud, risk and operations, Banyan Chief Commercial Officer Mike Minelli writes in a new PYMNTS eBook, “The...

New Data: Amazon Expands Grocery Reach, but Walmart Maintains Delivery Edge

November 08, 2024
Amazon’s latest move into the grocery sector, through a new partnership with Mexican grocery delivery startup Jüsto, signals its push to expand its food and essentials offerings. Amazon customers in...

How to Cut Through the AI-Powered Cash Flow Hype

November 04, 2024
In times of business uncertainty, controlling for what’s controllable becomes paramount for a company’s leadership. And it’s these times when all heads tend to turn to the finance function for...

Quick Reads
Thrive Capital Reportedly Weighing $1 Billion Databricks Stake

November 14, 2024
Thrive Capital is reportedly in discussions to invest $1 billion in analytics software maker Databricks. This deal would value the company around $55 billion, Bloomberg News reported Thursday (Nov. 14), citing sources familiar with the matter. Those sources say Thrive is expected to lead a share sale, allowing some early investors and employees to sell stakes to new investors. […]

Volante Adds Business Intelligence Module to Payments Platform

November 14, 2024
Volante Technologies has expanded the capabilities of its Volante Payments Platform by adding a module that gives financial institutions greater visibility and control over their payments business. The new module,...

CFPB: States Should Fill Gaps in Laws to Protect Consumers’ Financial Data

November 12, 2024
At a time when more financial institutions are monetizing consumers’ financial data, state policymakers should assess gaps in their data privacy laws, the Consumer Financial Protection Bureau (CFPB) said Tuesday...

Western Union Launches Media Network Business Supported by User Data

November 11, 2024
Western Union has launched a media network business that lets companies advertise to its customers via company-owned channels like its website, mobile app and digital-out-of-home (DOOH) screen network as well...