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Small to mid-sized businesses (SMBs) are approaching a practical turning point in how they pay. Cash and checks still play an outsized role in day-to-day operations, especially for supplier and vendor payments, but the direction of travel is clear. Many SMBs want simpler, more modern options that let them run their businesses with more control and fewer headaches.
“Ready for Change:...
Small businesses are not just borrowing to survive. They are using credit cards as operating systems, and they are willing to pay for features that make day-to-day cash flow easier to manage.
“SMB Growth Monitor: Small Businesses, Big Credit Needs,” a PYMNTS Intelligence collaboration with i2c, finds that most small and medium-size businesses (SMBs) feel confident about getting...
Mercado Libre’s application of artificial intelligence across its online commerce ecosystem added revenue and enhanced efficiency in the fourth quarter, the company said Tuesday (Feb. 24).
Mercado Libre Chief Financial Officer Martín de los Santos led off an earnings call by saying that the company recorded fourth quarter net revenues growth of 45% year over year, supported by the...
Coinbase now offers stock trading to everyone in the United States, allowing its users to trade stocks and exchange-traded funds (ETFs) alongside the crypto the platform already handled.
This move is part of the company’s Everything Exchange vision in which it aims to encompass all asset classes and build the next generation of markets, Coinbase said in a Tuesday (Feb. 24) blog post....
Card issuing and embedded finance framed Marqeta’s fourth-quarter earnings call on Tuesday (Feb. 24).
Operationally, Marqeta delivered another quarter defined by scale milestones. Total processing volume reached $109 billion, marking the first time the company crossed the $100 billion threshold within a single quarter. Growth accelerated sequentially, supported by expansion across...
Tuesday (Feb. 24) marked a potentially seismic day in the payments industry.
Rumors of Stripe’s interest in PayPal emerged after hours on Tuesday, initially reported by the likes of Bloomberg, with implications extend beyond deal mechanics.
Stripe and PayPal operate at different but increasingly intersecting layers of the payments economy, particularly across digital wallets, identity...
Customer data allegedly stolen from car shopping site CarGurus was posted by a hacking group, according to multiple media reports.
Bleeping Computer reported Tuesday (Feb. 24) that an extortion group called ShinyHunters claimed Saturday (Feb. 21) that it had 12.4 million records from CarGurus. The group later published the data, according to the report.
TechCrunch also reported Tuesday...
Anthropic is expanding how enterprises can deploy Claude inside day-to-day work, rolling out new Cowork updates and a broader set of plugins and connectors designed to turn the model into role-specific agents that sit alongside existing software rather than replace it.
The announcement, made Feb. 24 during the company’s Enterprise Agents event, centers on a push to make Claude easier...
A White House economist said a report that warned of potential risks to the economy posed by artificial intelligence (AI) “violates some of the basic accounting in economics,” Bloomberg reported Tuesday (Feb. 24).
The report, published by Citrini Research on Sunday (Feb. 22), shook the stock market on Monday (Feb. 23) by saying that if AI makes a lot of human labor obsolete, there...
Slight improvements in consumers’ expectations for business conditions, labor market conditions and incomes drove a turnaround in consumer confidence in February, The Conference Board said Tuesday (Feb. 24).
The organization’s Consumer Confidence Index rose by 2.2 points in February to 91.2 after dropping in January, according to a Tuesday press release.
“Four out of five components of...