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Salesforce plans to acquire Informatica in an $8 billion deal, saying Informatica’s cloud data management capabilities will enhance the agentic artificial intelligence features of Salesforce’s customer relationship management platform.
The transaction has been approved by both companies’ boards of directors and is expected to close early in Salesforce’s fiscal year 2027, subject to customary...
While Wall Street rejoiced at the U.S.-China tariff truce, small businesses have less to celebrate.
As The New York Times (NYT) reported Tuesday (May 27), these enterprises are struggling even after a drop in tariffs on Chinese imports from 145% to 30%.
“Six weeks ago, 30 percent would have shocked the world and been appalling and hard to deal with — and it is now,” said Robby Ringer, co-founder...
Texas is reportedly closer to instituting age verification standards for Apple and Google’s app stores.
As Reuters reported Tuesday (May 27), a bill requiring the two tech giants to verify users’ ages could become law in Texas this week, awaiting Governor Greg Abbott’s signature after passing both houses of the state legislature.
The legislation says that if users are under the age of 18, they...
Relationship experts say that the honeymoon period lasts about two years. After that, the newlywed sheen wears off, and what’s left is navigating the real work of building a future together. The same is now being said about GenAI.
Almost like clockwork, 30 months after ChatGPT broke into the mainstream, GenAI’s honeymoon with the media seems to be over. Headlines now hint at disappointment, with...
Visa has named banking veteran Antony Cahill to head its European operations.
Cahill replaces European CEO Charlotte Hogg, who is leaving the company after eight years to pursue a new opportunity, the payments giant announced in a Tuesday (May 27) news release.
“We are grateful to Charlotte for all she has done to advance our business in Europe,” said Visa CEO Ryan McInerney. “With Antony’s...
Credit unions (CUs) consistently earn high marks for trust and service, but that status has come under pressure. With many CU members navigating financial stress, expectations have increased for digital services that include budgeting tools and personalized support where and when it matters most.
Forward-thinking credit unions are responding, updating legacy systems and investing in digital...
The rapid rise of real-time payments is transforming the way consumers and businesses move money, offering unprecedented speed and convenience. Nevertheless, a significant disconnect remains: While most financial institutions (FIs) now support the ability to receive real-time payments, far fewer have enabled customers to send funds instantly. This imbalance limits the full potential of real-time...
The future of B2B payments is getting closer than it looks.
As young generations take on more influence in procurement and finance, the demand for intuitive, tech-forward experiences is beginning to accelerate. From virtual card acceptance to embedded accounts payable/accounts receivable (AP/AR) automation, the B2B payments space, worth an estimated $120 trillion annually, is being asked to...
While the trend toward mobile-first shopping is global, the U.K. presents a unique dynamic: consumers are actively using mobile for purchases and engagement, yet the country ranks last among eight surveyed nations in overall digital shopping engagement.
This presents both challenges and significant opportunities for financial services professionals supporting merchants and for merchants...
America’s mid-sized firms, with annual revenues ranging from $1 billion to $5 billion, are often the backbone of their communities.
Yet in the modern era of global uncertainty and geopolitical tension, they have been left bearing the brunt of a new wave of tariff pressures and supply chain volatility.
The PYMNTS Intelligence report “The Enterprise Reset: Navigating Tariffs, Supply Chain Shifts...