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Dojo, a payments technology provider in the United Kingdom, secured a $190 million investment from global growth investment firm Vitruvian Partners to accelerate its growth in the U.K. and expand across Europe.
Dojo offers a cloud-native platform that provides in-person and digital payment solutions together with business funding, booking management software and other value-added services, the...
Certainty is at a premium in uncertain times, particularly across the landscape of cross-border B2B commerce.
The volatile tariff landscape has reportedly cost companies over $34 billion in lost sales and higher costs while at the same time throwing supply chains and overseas relationships into disarray. And while the tariffs were blocked by the U.S. Court of International Trade Wednesday (May...
This week in artificial intelligence, newsmakers include Google, Claude, Microsoft, Nvidia and Saudi Arabia.
Brands Must Lean Into AI Chatbots as Google Search Changes
AI chatbots are transforming how search works, making traditional SEO tactics less effective.
“It is fundamentally changing the search engine optimization (SEO) universe,” Local Falcon CEO David Hunter told PYMNTS in an interview...
April’s data on inflation and consumer activity show slowing price increases, a boost to savings and a deceleration in spending, too.
The Personal Income and Outlays data, released on Friday (May 30), indicates prices were up only slightly month on month and 2.1% year on year, though the full impact of tariffs, and the most recent pause with China, has yet to be felt.
The Bureau of Economic...
The European Union reportedly plans to introduce an age verification app in July and may introduce rules requiring online platforms to protect minors after that.
The new app will enable users to verify their age without disclosing personal information to online platforms, the Financial Times (FT) reported Friday (May 30), citing its interview with Henna Virkkunen, executive vice president for...
Artificial intelligence is increasingly being used by insurers, rental car companies, vehicle auction houses and others to more accurately assess vehicle damage, automate claims processing and avoid disputes.
Click-Ins is a company that uses AI and its own proprietary system that taps a mix of computer vision, photogrammetry and simulated environments to capture dents, scrapes, cave-ins, paint...
Mexico is becoming a mobile-first consumer market.
Less than half of shoppers in the country used a mobile device for their latest retail purchase, whether online or in-store, reflecting a 17% increase since 2022. What’s more, Mexicans conduct 1.3 distinct mobile shopping activities per day on average, including browsing and buying.
However, PYMNTS Intelligence’s latest research finds that 29% of...
Generation Z and Generation Alpha are critical for financial institutions’ long-term viability. They’re the ones with decades of financial journeys ahead of them.
As young people open their first accounts, apply for mortgages, set up college funds and start businesses, financial institutions must strive to gain loyalty and wallet share from these long-lived relationships and keep funds flowing...
Despite the persistent surge of eCommerce, recent data indicates that physical retail locations continue to play a vital role in consumer purchasing habits, attracting shoppers for distinct reasons and product types that differ significantly from online patterns.
A new report from PYMNTS Intelligence highlights the enduring appeal of brick-and-mortar stores even as consumers spend considerably...
The past few days to be volatile ones in the FinTech IPO realm, as our Index slipped 0.4% in a week that was truncated due to the Memorial Day holiday.
Platforms led the decline, and some recent gainers of note now led to the downside.
Defi Development Corp. (formerly Janover) had notched triple-digit gains through a few of the past weeks – and this time around, the stock lost 44% through the...