PYMNTS News

Consumers and Smaller Businesses Form an Untapped Embedded Lending Market in Germany
Consumers and Smaller Businesses Form an Untapped Embedded Lending Market in Germany
September 26, 2024  |  SMBs

Embedded lending is growing in popularity around the world. It promises convenient, streamlined access to financing for specific expenses from within merchant, business and other...

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Beyond Traditional Banking: Insurance Emerges as Key to Diversifying Revenue
Beyond Traditional Banking: Insurance Emerges as Key to Diversifying Revenue
September 26, 2024  |  Insurance

Banks face a digital shift, pressures on deposits and competition for customer loyalty, so they must constantly fine-tune their operations, embracing new revenue streams and...

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Finexio CEO on Why CFOs Can’t Afford to Ignore Automating Payables
Finexio CEO on Why CFOs Can’t Afford to Ignore Automating Payables
September 26, 2024  |  Accounts Payable

Manual accounts payable (AP) operations can cost firms more than they might think. And the complexity of enterprise AP programs presents a challenge for businesses,...

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BofA: Tech Turns Global Trade’s Paper Jams Into Payment Streams
BofA: Tech Turns Global Trade’s Paper Jams Into Payment Streams
September 26, 2024  |  Technology

Global trade, at its heart, is about receivables. One company owes another for the goods or services it has purchased. While that may sound simple...

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84% of Healthcare Organizations Report Financial Losses Due to Outdated AR Processes
84% of Healthcare Organizations Report Financial Losses Due to Outdated AR Processes
September 26, 2024  |  Healthcare

In an era where convenience is king, the healthcare sector remains shackled by outdated payment processes that jeopardize its financial stability. Despite the promise of...

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Shifting Digital Payment Trends Prompt New Visa Credential System
Shifting Digital Payment Trends Prompt New Visa Credential System
September 26, 2024  |  VISA

For decades, different payment cards existed to serve different purposes: Credit cards have offered the option to pay in full or revolve and pay the...

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Report: OpenAI Plans to Restructure and Become For-Profit Benefit Corporation
Report: OpenAI Plans to Restructure and Become For-Profit Benefit Corporation
September 25, 2024  |  artificial intelligence

OpenAI reportedly plans to restructure its core business into a for-profit benefit corporation that won’t be controlled by its nonprofit board. Under this plan, the...

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First Abu Dhabi Bank Completes Programmable Payments Pilot With JPM Coin
First Abu Dhabi Bank Completes Programmable Payments Pilot With JPM Coin
September 25, 2024  |  Blockchain

First Abu Dhabi Bank (FAB) successfully completed a pilot using programmable payments with JPM Coin through Onyx by J.P. Morgan. This programmability enables payments to...

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Lightspeed Commerce Engages in Discussions of ‘Potential Strategic Alternatives’
Lightspeed Commerce Engages in Discussions of ‘Potential Strategic Alternatives’
September 25, 2024  |  Point of Sale

Lightspeed Commerce responded to media reports of a potential sale of the company, saying that it periodically undertakes a strategic review of its business and...

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