The Business & Technology Network
Helping Business Interpret and Use Technology
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Building the plumbing for the next generation of financial services is the goal of the cryptocurrency sector. [contact-form-7] Innovations in money movement need infrastructure to scale, and crypto as a service (CaaS) could help it get there. Brett McLain, head of payments and blockchain at Kraken, told PYMNTS that, with his firm’s launch of its CaaS model in partnership with equities...
Self-service models are emerging not merely as a convenience but as a powerful catalyst for faster commerce and payments experiences at every consumer touchpoint. [contact-form-7] This paradigm shift is particularly evident in high-traffic environments, where consumer expectations for speed, personalization and frictionless interactions are paramount. Sports and entertainment venues...
The trucking and transportation industry depends on timing. When parts, fuel or payments don’t arrive on time, everything downstream suffers. In recent years, instant payments have helped address part of this challenge, enabling fast and secure vendor disbursements. However, while fuel providers now receive urgent payouts, drivers often don’t — and that imbalance is becoming harder to ignore...
In an era where liquidity defines corporate survival, the back office has become a strategic battleground. [contact-form-7] The unglamorous accounts receivable (AR) function, once considered a cost center, is at the heart of this transformation. AR had been synonymous with manual invoices, aging spreadsheets, and overdue notices. But now, a wave of automation, data intelligence, and...
Latin America’s financial landscape continues its digital transformation as digital payments rapidly displace traditional cash transactions, signaling a new era for commerce and financial inclusion. [contact-form-7] A recent PYMNTS Intelligence report titled, “Digital Payments Reshape Commerce Across Latin America,” a collaboration with Galileo Financial Technologies, details how...
For decades, credit cards have remained remarkably unchanged in their core functionalities: swipe, spend, earn points. [contact-form-7] But what was once revolutionary may have now reached a saturation point. Nearly every major issuer provides points-based rewards, tiered interest rates and fraud protection. These features can often no longer differentiate in a crowded market. But a new...
Most Americans know the pain of having their earnings hit their bank account each month, only to fly immediately out the door for a mortgage or rent, food, electricity, gas, cellphone bills and other essentials, along with incidentals. What millions of struggling consumers don’t know is that there’s a pain reliever for that condition: budgeting apps. Used right, the analgesic can help cure...
Pinterest ads will become directly shoppable via Instacart under a new retail media collaboration between the two companies. [contact-form-7] This collaboration will enable Pinterest users to complete a purchase in a few clicks and have the items delivered in as little as 30 minutes, the companies said in a Monday (June 16) press release. “This partnership transforms discovery into...
Tensions between longtime partners OpenAI and Microsoft have reportedly reached a point where OpenAI executives have discussed accusing Microsoft of anticompetitive behavior and seeking a federal regulatory review of the terms of their contract. [contact-form-7] The tensions center in part on whether Microsoft would have access to the intellectual property of Windsurf, if OpenAI...
The Federal Trade Commission (FTC) said Monday (June 16) that Paddle.com Market Limited and its subsidiary, Paddle.com, will pay $5 million to settle the agency’s allegations that the organizations processed payments for deceptive tech-support schemes. [contact-form-7] Paddle will also be permanently banned from processing payments for tech-support telemarketers, the FTC said in a...