Bank of America is touting a new milestone for its CashPro Forecasting solution.
During 2025, this tool helped more than 3,000 companies save upwards of 250,000 hours, the banking giant announced Thursday (Dec. 11).
According to a news release provided to PYMNTS, the tool automates what is typically a highly manual effort, and is accessed from CashPro, a platform the bank’s clients use...
Consumer payments platform Zilch has secured a payment services license in the U.K.
The license, handed down by the Financial Conduct Authority (FCA), means that Zilch will no longer need to rely on third parties and can now begin to build more payment methods in-house, the company said in a Thursday (Dec. 11) news release.
“This is a major step change for Zilch, bringing us firmly...
Vertical software companies have built thriving businesses by deeply understanding niche industries.
Education technology platforms, for example, manage enrollment, tuition schedules and financial aid. Healthcare systems coordinate scheduling, billing codes and insurance workflows. Field-service platforms help contractors dispatch crews, track jobs, and manage customers.
But findings...
Global logistics has become defined by a fundamental paradox: Like many of the world’s critical commercial functions, the sector is caught between two worlds, the analog past and digital future.
Global logistics is one of the most operationally sophisticated industries underpinning commerce, coordinating ships, planes, trucks, ports, warehouses, customs authorities, and retailers...
Watch more: Need to Know: Block’s Brian Boates
Scams are rising and shaping consumer loyalty in real time.
When money is lost, speed and convenience no longer define the financial relationship. Accountability does.
In a conversation between Block Chief Risk Officer Brian Boates and PYMNTS TV, one stat stood out. Nearly 1 in 5 consumers walk away from their bank after a fraud incident....
Prediction markets, which let users bet on everything from the future price of Bitcoin to the future president of the United States, are the latest flash point between federal and state regulators. Real-money prediction markets technically like fall under the jurisdiction of the Commodities Futures Trading Commission (CFTC), but a growing number of states have sought to shut down the markets they...
Merchants have spent much of the eCommerce era obsessed over understanding a single buyer: the human at the other end of a screen, swayed by brand storytelling, emotional triggers, intuitive design, and social proof.
But a second customer class has quickly and stealthily entered the marketplace. This new customer does not browse, feel, or behave according to any of the norms that have...
A new PYMNTS Intelligence report suggests that the most meaningful trend in instant payments is not how fast money moves but how recipient behavior is reshaping the economics of payouts across industries.
“Money Mobility Ecosystem: Meeting Recipient Expectations in the Instant Economy” finds that instant access to funds now operates as a defining feature of consumer and worker...
Adobe expects to see revenue of $25.9 billion to $26.1 billion in fiscal year 2026, saying its growth will be driven in part by the rapid adoption of its artificial intelligence-powered tools.
“By advancing our innovative generative and agentic platforms and expanding our customer base, we are excited to target double-digit ARR [annual recurring revenue] growth in FY 2026,” Adobe Chair...
Artificial intelligence (AI) has moved rapidly into every corner of the economy.
Financial services is a flash point over whether AI will strengthen or destabilize markets, as illustrated at a hearing before the House Financial Services Committee on Wednesday (Dec. 10).
Market operators, cloud providers, cybersecurity leaders, consumer advocates and housing-platform executives...