Новости за 18.04.2024

Ibotta shares leapt 33% during their debut on the New York Stock Exchange (NYSE) on Thursday (April 18). The stock debuted at $117 per share after pricing at $88 per share Wednesday (April 17), Axios reported Thursday. The firm raised $577.3 million. Ibotta has raised its price Wednesday from an earlier price range of $76 […]

AffiniPay has expanded the availability of its payment processing solutions for attorneys and accounting professionals to Puerto Rico. These solutions, LawPay and CPACharge, are already used by more than 80,000 law and accounting firms in the United States and Canada, the company said in a Thursday (April 18) press release. “This move not only demonstrates our dedication to serving professionals […]

Change Healthcare’s troubles are apparently not over. The company, which is owned by UnitedHealth, said Thursday (April 18) it had fixed an issue that had hindered medical claims processing for some customers, per a report by Reuters. According to that report, a fix had been found and was being monitored to make sure it worked. A […]

Social media virality is beginning to shape mall stores, as ultra-connected Gen Z shoppers expect their physical lives to more closely resemble their digital ones. For instance, young social media users have flocked to fashion brand Edikted, which has roughly 600,000 followers on both Instagram and TikTok, and has garnered more than 8 million likes […]

House Republicans think America’s financial oversight bodies need some oversight of their own. U.S. Rep. Patrick McHenry (R-NC), chair of the House Financial Services Committee, re-introduced legislation Wednesday (April 17) that would set up Financial Services Innovation Offices (FSIO) within each financial regulator. “Each FSIO will assess burdensome agency regulations that hinder innovation, as well as evaluate and approve alternative […]

Amid a changing business landscape, digital innovation is reshaping the growth calculus for organizations. And with the news Wednesday (April 17) that Google CFO Ruth Porat is restructuring the tech giant’s finance team as the company looks to redistribute resources toward artificial intelligence (AI), the impact of embracing a more technology-driven approach is top of mind for […]

A top House Republican wants to overturn a recent federal regulation governing non-bank financial companies. Rep. French Hill (R-Ark.) introduced a resolution Wednesday (April 17) that would yank the approval of the Financial Stability Oversight Council (FSOC)’s guidance on non-bank financial company determinations, adopted last fall. “This guidance transforms FSOC into a roving regulator, aiming to bring entities under […]

Cart.com is working with Walmart Marketplace to simplify onboarding and help both new and existing sellers grow their sales on that platform. Customers using Cart.com’s multichannel management platform will be able to access special incentives across Walmart Marketplace’s shipping, advertising and repricing services as well as support for onboarding and customer success, Cart.com said in […]

The number of initial claims for unemployment insurance filed during the week ended Saturday (April 13) was unchanged from the previous week’s revised figure of 212,000. The previous week’s figure was revised up by 1,000, the Department of Labor (DOL) said in a Thursday (April 18) press release. The four-week moving average of 214,500 was unchanged from the previous week’s […]

The Consumer Financial Protection Bureau (CFPB) recently issued a report listing regulatory concerns around how gaming and virtual reality companies facilitate transactions and collect sensitive data. As “Banking in Video Games and Virtual Worlds” makes clear, the CFPB sees both industries processing transactions and collecting the kind of information it normally associates with banking and payment […]

Retail subscriptions represent a massive growth opportunity for eCommerce merchants. PYMNTS Intelligence data reveals that more and more consumers are choosing to take advantage of the convenience that online retail subscriptions provide. In “The Replenish Economy: A Household Supply Deep Dive,” a report PYMNTS Intelligence compiled based on surveys with more than 2,000 consumers and […]

Marqeta is expanding its earned wage access program with assistance from financial wellness provider Rain. The card-issuing platform announced its collaboration with Rain Thursday (April 18), with Marqeta powering the Rain Card, a branded debit card that lets employers easily disburse earned wagers onto the cards. “Over 60% of Americans are living paycheck-to-paycheck and seeking ways to take control […]

The $35 billion deal for Capital One to buy Discover Financial Services remains on track. And in a truncated first-quarter earnings call — where the usual question-and-answer session was not part of the proceedings — Discover’s management noted that consumer loans are on the upswing. In the meantime, credit card spending has been pressured by […]

Stability AI is laying off an unspecified number of employees as part of a restructuring process. The company will hold a town hall meeting Thursday (April 18) and will notify the impacted employees individually, Reuters reported Thursday, citing a company memo and an unnamed source. “These decisions have not been taken lightly and they are intended to right-size […]

Digital payments platform WorldFirst has debuted a solution to help small businesses speed cross-border payments. WorldTrade, announced Thursday (April 18), is aimed at small and medium-sized enterprises (SMEs) that procure products from suppliers based in China. “The launch of WorldTrade aims to build trust in B2B trade through digital means,” Ma Qisheng, head of global B2B business at WorldFirst, […]

Revolut has reportedly made a $100 million-plus bet on Mexico’s remittance market. Speaking with Reuters Wednesday (April 17), Revolut Mexico CEO Juan Miguel Guerra said the bulk of that investment will be used to hire staff, cover short-term debt and expenses and maintain a strong cash-on-hand balance. “We will be watching how the business evolves,” […]

Continuing the industry’s migration of business payments and expense management to digital platforms, Mastercard announced Thursday (April 18) that it is bringing its commercial cards to mobile wallets. The move comes in the form of a mobile virtual card app engineered to provide financial institutions with options for delivering secure, contactless payment services — a […]

Nonrecurring or ad hoc payments remain a significant part of the monthly revenues of small to mid-sized businesses (SMBs). One way that SMBs streamline the accounts receivable (AR) process is with the help of instant payment methods. Instant payments, which provide quick access to the funds essential to running businesses, are especially helpful to the […]

An unavoidable truth in business is that it frequently takes money to make money.  And in today’s world, where small and medium-sized businesses (SMBs) often find themselves struggling to secure the capital they need to invest in their growth, innovative solutions are crucial. That’s why for the “AI Effect” series, PYMNTS sat down with MJ Jiang, […]

The recent credit card surcharge agreement brings into focus the impact regulations could have on businesses. Spreedly Vice President of Product Joe Meuse explains what the changes could mean for businesses and their customers in PYMNTS’s new eBook, “The Implications of Uncertainty.”   As we near the end of the first quarter of 2024, business […]

Business need to fight fraud with day, says Bryan Lewis, CEO of intellicheck. He breaks it down in PYMNTS’s new eBook, “The Implications of Uncertainty.”   Data breaches and mail theft have resulted in a record level of available compromised identity information, payment information, login information and even stolen checks. It has been said that […]

In the last 30 years, Europe — defined here as the EU plus the U.K., Norway and Switzerland — has created few leading digital businesses compared to the U.S. and China. This long digital winter is symptomatic of underlying problems that are behind persistent gaps between the U.S. and Europe in GDP per capita, output […]

According to PYMNTS Intelligence, 62% of U.S. consumers now live paycheck to paycheck, and that includes 48% of consumers earning more than $100,000 annually. In other words, higher incomes do not necessarily protect people from the financial stress that comes from living from one paycheck to the next. In fact, according to a recent edition […]

Shoppers can now order tires from third-party sellers on Walmart Marketplace and schedule an appointment to have those tires installed at a Walmart Auto Care Center at the same time. The tires will be shipped to the customer’s local Walmart store for installation, Michael Mosser, vice president and category lead at Walmart Marketplace, said in a Wednesday (April […]

Google is laying off an unspecified number of employees and shifting some roles to other countries as part of a continuing effort to cut costs. The employees will be able to apply for other roles at the company and some of the impacted roles will move to hubs in India, Chicago, Atlanta and Dublin, a Google […]