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Main Street depends on the vitality of its smallest businesses. With the right mix of growth opportunities and the tools to seize them, micro-businesses can blossom into larger firms that employ more workers and provide the goods and services that sustain local economies.
A PYMNTS Intelligence report on small and medium-sized businesses (SMBs), “Main Street SMB Confidence Rises While...
Generation Z is often portrayed as a disruptive force, reinventing money, work and consumption.
Yet PYMNTS Intelligence’s “Gen Z Decoder Ring” report suggests something more subtle, and in some ways more telling.
The real story isn’t that this generation is different. It’s that they are making the digital revolution feel ordinary, weaving once-radical technologies into daily routines...
Cryptocurrencies grab headlines, but they aren’t a mainstream asset for consumers. The credit card industry might change that, and in more ways than one.
Nearly 1 in 10 (8%) U.S. adult consumers had an average $4,017 in crypto in their investment portfolios as of mid-August, a recent PYMNTS Intelligence report shows. Almost half these individuals are in higher-income households earning...
Watch more: Live roundtable
The future of payments is not being built on shiny apps or clever interfaces.
Instead, it is being built on reliability, scale and data. It is also being measured by how those building blocks are used to design products that deepen trust and expand customer lifetime value.
That was the theme of a conversation between PYMNTS CEO Karen Webster, Current Chief...
Heightened competition in Brazil’s eCommerce market reportedly drove shares of Mercado Libre into their biggest two-day slump since November.
The eCommerce and payments company’s stock fell 6.8% on Wednesday (Oct. 1) after declining 6.6% on Tuesday (Sept. 30), Bloomberg reported Wednesday.
The report attributed the two-day decline to Amazon Brazil’s announcement that it will waive or...
Microsoft Chairman and CEO Satya Nadella is handing off some duties related to the company’s commercial business so that he and the firm’s engineering leaders can be “laser focused” on technical work related to artificial intelligence.
In a communication to employees that he shared online, Nadella said that Judson Althoff will take on an expanded role as CEO of the company’s commercial...
Real estate listings platforms Redfin and Zillow said Wednesday (Oct. 1) that they disagree with allegations that their partnership violated antitrust laws.
The companies’ separate statements came after five states filed an antitrust lawsuit against them Wednesday, a day after the U.S. Federal Trade Commission filed a similar complaint.
The states’ lawsuit was filed in Virginia by the...
DailyPay has appointed its executive chairman, Nelson Chai, as its new CEO.
Chai succeeds Stacy Greiner, who will continue to serve as an advisor, the company said in a Wednesday (Oct. 1) press release.
This leadership transition comes at a time when DailyPay has expanded its strategy to include not only on-demand pay but also a suite of financial wellness solutions for its customers’...
By combining permissioned customer data with artificial intelligence (AI), financial institutions can tailor moments of interaction today and anticipate the needs and products clients will demand tomorrow, in a shift toward “cognitive banking” that builds on trusted relationships.
What Cognitive Banking Is
Cognitive banking refers to embedding AI-driven inferencing and pattern...
Financial infrastructure platform PhotonPay has joined forces with payments processor Thredd.
The partnership, announced Wednesday (Oct. 1), is designed to bolster the underlying issuer processing architecture of PhotonPay Card worldwide.
“This collaboration allows PhotonPay to further refine its card product capabilities—including advanced card expense controls, faster settlement...