Harmonic AI, the artificial intelligence startup co-founded by Robinhood Markets CEO Vlad Tenev, has raised $100 million in a Series B round, bringing its valuation to $875 million, according to Bloomberg. The Palo Alto-based company, founded in 2023 by Tenev and Tudor Achim, aims to develop AI systems capable of solving complex math problems, an area where current large language models often...
American enterprises are under pressure. Between renewed tariff hikes, global supply chain instability and rising operational costs, many firms face decision points that could shape their futures.
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And that can put the finance team in the hot seat, or command center, depending on the business.
Yet the response from large enterprises to today’s ongoing macro uncertainty...
The quest for profitable small business lending is often thwarted not by a lack of demand, but by a shortage of reliable data.
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The PYMNTS Intelligence report “Keeping Score: Why Data Quality Determines Lending Decisions for the Smallest Firms” revealed a challenge for financial institutions. Banks, particularly in the United States and the United Kingdom, are keen to...
Watch more: CFOs Face Mounting Pressure to Secure Faster B2B Payment Rails
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B2B payments risk is no longer a back-office headache; it’s a C-level priority.
As real-time rails proliferate, suppliers expect cash in seconds, and fraudsters know they have the same window to strike. One errant click on a spoofed email or unvetted vendor record can drain an account before a...
Co-branded debit rewards are helping companies boost loyalty and customer engagement, Galileo Financial Technologies CEO Derek White writes in a new PYMNTS eBook, “Halftime 2025: Charting the Future of Payments.”
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As the second half of 2025 unfolds, one emerging trend in the payments landscape is the renewed focus on debit rewards. This shift is being driven by market...
Earnings season is kicking off next week, and the flood of quarterly reports will move FinTech IPO Index names.
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But in the meantime, as the past five trading days notched a 1.7% gain, platform expansions and digital wallet introductions were the key movers of the stock prices in the group.
Opendoor shares surged more than 54%.
The shares continued a rally in the wake of...
The financial landscape for American consumers is a challenging one, with a record 68.4% living paycheck to paycheck as of May, and nearly a quarter struggling to pay their bills.
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PYMNTS Intelligence found in the latest “Reality Check” report that factors such as persistent inflation, rising housing costs, and tariffs contribute to widespread financial anxiety, with 6...
Oro has launched a payment platform that is integrated with the company’s B2B eCommerce platform, OroCommerce, and purpose-built for the manufacturers and distributors who use it.
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With the addition of OroPay, the platform now includes invoicing, payments, enterprise resource planning (ERP) connectivity and commerce, the company said in a Thursday (July 10) press release...
The Federal Reserve Board proposed Thursday (July 10) that it revise its supervisory rating framework for large bank holding companies to allow those with a “Deficient-1” rating to be considered “well managed.”
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Currently, a firm that receives that rating is not considered well managed, according to a Federal Register notice that details the proposal.
A banking...
The past six months have been nothing but a tariff headache for CFOs, procurement teams and enterprise back offices.
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With the U.S. on Thursday (July 10) threatening additional tariffs of up to 50% on countries like Brazil and materials like copper, the operational migraine that keeping up with each new announcement brings doesn’t appear to be going away any time soon....