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Zelle operator Early Warning Services is being sued by New York State Attorney General Letitia James, who alleged that the company fails to protect its users from “massive amounts of fraud.”
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The Office of the New York State Attorney General said in a Wednesday (Aug. 13) press release that its investigation found that Early Warning Services designed Zelle without...
The U.S. debt clock didn’t just notch another record Tuesday (Aug. 12), it smashed it. The deficit blew past $37 trillion, effectively creating a shadow benchmark that could soon rival the Federal Reserve’s policy rate in steering borrowing costs across the economy.
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According to the Treasury’s daily statement Monday (Aug. 11) the $37 trillion figure is five years ahead ...
Investors’ concerns that artificial intelligence tools could enable faster and cheaper software development have reportedly driven a selloff that has impacted the world’s largest software businesses.
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Monday.com saw a 30% drop Tuesday (Aug. 13), SAP saw a 7.1% drop, and Salesforce and Workday saw a slide Monday (Aug. 12), Bloomberg reported Tuesday. Smaller companies...
B2B payment orchestration platform Bluechain and Visa have partnered to enable digital transformation of B2B payments in verticals in the United Kingdom in which card acceptance has historically been limited or nonexistent.
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The collaboration enables businesses to use Visa cards to pay any supplier, including those that don’t accept cards, the companies said in a...
The B2B payments landscape presents a massive opportunity for digital transformation.
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The global B2B payments market is projected to grow to $213.28 trillion by 2032, according to market studies provider Fortune Business Insights.
The move to modernization hinges on flexibility, where payments are streamlined, and where suppliers, especially, have some optionality in...
A U.S. federal judge rejected Tesla, SpaceX and X CEO Elon Musk’s attempt to throw out OpenAI’s claims that he waged a “years-long harassment campaign” against the company he helped start in 2015 and later left.
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In a Tuesday (Aug. 12) ruling, U.S. District Judge Yvonne Gonzalez Rogers of the Northern District of California said OpenAI’s allegations were strong enough to...
Mark Twain once remarked that there are “lies, damned lies, and statistics.” A century later, the line still gets a chuckle. Not because statistics are inherently dishonest, but because we all recognize their power.
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Data has always shaped how people understand the world and decide what to do next. For most of history, the limitation wasn’t whether data had value, but...
Beyond the Credit Card Paradigm
For decades, co-branded credit cards have been the gold standard in loyalty marketing. Think of the familiar names: Delta SkyMiles from American Express, Amazon Prime Visa or Marriott Bonvoy Boundless. Such partnerships between banks and consumer brands have become synonymous with customer engagement, rewarding cardholders for their loyalty and making brands...
Consumers demand speed and flexibility from their financial transactions. They’re moving away from traditional bank transfers toward more immediate and accessible options.
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In the PYMNTS Intelligence report “Instant Payouts: The New Paycheck for a Real-Time Economy,” a collaboration with Ingo Payments, responses from more than 4,000 individuals indicated that digital...
With this week’s news that optimism has returned to small- to medium-sized businesses (SMBs), we took a look at its roots.
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While attention often focuses on the growing disparity in outlook between urban and rural SMBs, new PYMNTS data reveals a persistent, nuanced optimism across the entire sector, even as core economic anxieties unite businesses regardless of location...