Payments Platform news and trends

PayPal Reports BNPL Bounce, More Focus on Financial Services
Earnings // October 29, 2024

With its transaction growth rates slowing and less-than-expected revenue guidance for the balance of the year, PayPal focused on its repositioning from a peer-to-peer pioneer to a two-sided payments technology platform in its Q3 earnings call Tuesday (Oct. 29). Notably absent from the call was any...

Report: X Working on Adding ‘Payments’ Button
Social Commerce // August 06, 2024

X is reportedly getting closer to introducing a payment service. The social media platform and aspiring “everything app” is working on adding a “Payments” button to the navigation bar, TechCrunch reported Tuesday (Aug. 6), citing a post on X by independent app researcher Nima Owji....

GroupSync and Spreedly Partner to Facilitate Payments for Hotels
Partnerships // June 05, 2024

GroupSync has partnered with Spreedly to expedite value delivery and revenue growth for the hotel groups and event planners using its platform. With this collaboration, the GroupSync platform that provides online booking for group hotel rooms and meeting spaces will integrate Spreedly’s open payments platform,...

Adyen Updates Financial Objectives Amid Investor Scrutiny
Earnings // November 08, 2023

Adyen has “evolved its financial objectives in order to specify timelines around growth expectations,” the FinTech platform said Wednesday (Nov. 8) in a press release issued in conjunction with its Investor Day. The firm wants to specify its expectations for the coming three years while maintaining that its...

Interviews & Exclusives
PayPal Reports BNPL Bounce, More Focus on Financial Services

October 29, 2024
With its transaction growth rates slowing and less-than-expected revenue guidance for the balance of the year, PayPal focused on its repositioning from a peer-to-peer pioneer to a two-sided payments technology platform in its Q3 earnings call Tuesday (Oct. 29). Notably absent from the call was any substantial discussion of the financial health of consumers that will […]

Companies Want Digital Flexibility but Fort Knox Security, Hazeltree CFO Says

August 30, 2023
In the fast-paced world of digital finance, security is a pressing concern. With a deep understanding of the risks at hand, organizations and individuals alike are demanding greater assurance that...

AI’s Most Promising Banking Applications Will Need a Human in the Loop

June 05, 2023
Artificial intelligence (AI) may not be as mysterious as people think — but it is as pervasive. What generative AI capabilities have done, i2c CEO and chairman Amir Wain tells PYMNTS, is “brought in...

Cashless Cannabis Delivery Drives Higher Order Values to a Fragmented Space

April 19, 2023
In a curious reversal, the ongoing legalization of cannabis is akin to the repeal of alcohol prohibition of the 1920s, except in that case, the federal government lifted the ban...

Quick Reads
Report: X Working on Adding ‘Payments’ Button

August 06, 2024
X is reportedly getting closer to introducing a payment service. The social media platform and aspiring “everything app” is working on adding a “Payments” button to the navigation bar, TechCrunch reported Tuesday (Aug. 6), citing a post on X by independent app researcher Nima Owji. Owji told TechCrunch that he has also found references to […]

GroupSync and Spreedly Partner to Facilitate Payments for Hotels

June 05, 2024
GroupSync has partnered with Spreedly to expedite value delivery and revenue growth for the hotel groups and event planners using its platform. With this collaboration, the GroupSync platform that provides...

Adyen Updates Financial Objectives Amid Investor Scrutiny

November 08, 2023
Adyen has “evolved its financial objectives in order to specify timelines around growth expectations,” the FinTech platform said Wednesday (Nov. 8) in a press release issued in conjunction with its Investor Day. The...

Square Promises ‘Full Review’ After Widespread Outage

September 08, 2023
Square has said it will investigate and publish a full review of an outage that impacted merchants for about 19 hours late Thursday (Sept. 7) and early Friday. The payments...