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Online retail platform eBay has invested in TrueLayer as part of a partnership with the Pay by Bank provider.
“This milestone follows a year of strong momentum for Pay by Bank across Europe, as merchants increasingly prioritize fast, safe, and flexible payment options that align with evolving consumer payment preferences,” TrueLayer said in a Thursday (Feb. 19) news release.
The...
For more than two decades, financial technology companies have been racing to expand a financing model invented by General Motors over a century ago. The model established in‑house finance arms so that car buyers could get a loan at the dealership instead of trudging to a bank.
Now the sprint to put more financial services into more businesses that aren’t banks is downshifting to a...
Hype can go hand in hand with immediacy.
Since artificial intelligence first went mainstream, the innovation has been framed as having an immediate impact.
As a result, the goals for enterprise buyers have centered around productivity gains that happen upon implementation; quick, cost-saving wins that justify experimentation; and other early, easy victories.
However, PYMNTS...
Rule 1033 was supposed to be the moment U.S. “open banking” stopped being a patchwork of screen-scraping workarounds and became a regulated data-right.
The Consumer Financial Protection Bureau (CFPB)’s final rule set out a clean idea: Consumers should be able to direct their bank or card issuer to share their account data with authorized third parties through secure interfaces, with...
Watch more: TechReg Talks With Nixon Peabody’s Andrew Glass and Gregory Blase
For years, getting a bank charter was something only traditional financial institutions worried about.
That’s changing fast.
A growing number of FinTech companies now see charters as powerful tools that can shape how they build their businesses, manage compliance and compete in the market.
The shift is being...
The fastest way to spot where agentic artificial intelligence will land next is to watch the technology sector, where it is already being built and tested.
Inside tech, familiarity is translating into early, careful moves along a classic S-shaped adoption curve.
The PYMNTS Intelligence report “Tech on Tech: How the Technology Sector Is Powering Agentic AI Adoption” found a widening...
Generative artificial intelligence enabled Booking Holdings to reduce its customer service costs year over year, even as the company handled 10% more bookings, Booking Holdings Chief Financial Officer Ewout Steenbergen said Wednesday (Feb. 18).
Speaking during the company’s quarterly earnings call, Steenbergen said the customer service cost per booking dropped by 10% year over year.
“I...
Investors were looking for answers during Carvana’s fourth quarter 2025 earnings call Wednesday (Feb. 18). And while they didn’t find them, the absence of a clear answer was, for many, answer enough.
Carvana is facing fraud allegations and an investor lawsuit, making the biggest question heading into Wednesday’s earnings announcement whether management could restore confidence around...
DoorDash used its fourth-quarter earnings call to make a broader point about where it sees the next leg of competition: not just in meal delivery, but in owning the software and logistics stack that powers local commerce.
“We believe these investments are the right investments, especially as we think about becoming the operating system for local commerce,” CFO Ravi Inukonda told...
A tokenized deposit network built by five banks and a blockchain-based platform led by former Comptroller of the Currency Gene Ludwig is expected to be available to the banks’ customers in the fourth quarter, Bloomberg reported Wednesday (Feb. 18).
The launch will follow a pilot program that is set to be run in the third quarter, Ludwig said in the report. Ludwig leads the blockchain-...