Новости за 17.04.2024

Startup-focused banking FinTech Mercury is getting into the consumer banking business. The company has launched Mercury Personal, designed to help builders in the tech sector optimize their money, according to a Wednesday (April 17) news release. “Many founders and investors are not happy with their bank accounts today and often need to switch between several platforms to access […]

Amazon is pushing sales of its Just Walk Out technology even as it pulls back on the checkout system in its own grocery stores, a move that comes as tech giants compete to own the Click-and-Mortar™ grocery experience. The company recently shifted away from the technology to smart carts in its grocery stores, but according […]

German grocery delivery startup Flink is reportedly receiving another 100 million euros ($106.7 million) from investors to extend its runway and try to outlast its competitors. The startup is also in discussions with rival food delivery companies about a potential merger, Bloomberg reported Wednesday (April 17), citing unnamed sources. Flink did not immediately reply to PYMNTS’ request […]

College students aside, fewer Americans are ordering their meals from Grubhub. The food delivery platform’s parent company, Dutch firm Just Eat Takeaway, reported earnings Wednesday (April 17) showing a 6% decline in order volume across its business, and a 12% drop in orders in North America, from 74.1 million in 2023 to 63.9 million this year. Gross transaction value […]

Klarna has opened its waitlist for the new Klarna Card to all U.S. consumers and said the card will roll out over the next few months. The new card, which is already available in Europe, offers flexible payment options both in-store and online, can be used anywhere Visa is accepted, and charges no foreign transaction fees when used abroad, […]

U.S. Bancorp said in its latest earnings report that consumers are continuing to boost their credit card loans – and though charge-offs have increased, credit quality has remained strong. Credit card loans in the quarter were $28 billion, adding more than 9% year over year, the parent company of U.S. Bank said Wednesday (April 17). […]

Despite the prevalence of digital alternatives, checks continue to be a preferred payment method for many organizations. PYMNTS Intelligence research underscores this trend, revealing that checks constitute a significant portion of business-to-business (B2B) transactions across various industries. In real estate, nearly 21% of B2B transactions involve checks, while retailers rely on checks for 15.2% of […]

B2B credit card platform Pliant is planning to expand after raising $19 million. The funding round, announced Wednesday (April 17) was led by PayPal Ventures and brings the Berlin-based Pliant’s total Series A financing to north of $53 million. “We are excited to welcome PayPal Ventures as a new shareholder, and we’re looking forward to continuing to grow the company […]

Walmart will launch a new service that allows suppliers to combine insights from its data monetization platform with its closed-loop, omnichannel retail media solutions. This combination of Walmart Luminate insights and the Walmart Connect retail media solutions was piloted last year and will be available to all Walmart Luminate Charter subscribers by the end of 2024, the company said in […]

The former chair of the FDIC is looking for signs of weakness in regional bank earnings. “I’m worried about a handful of them,” Sheila Bair, who headed the Federal Deposit Insurance Corp. during the financial crisis of 2008, said in an interview with CNBC Tuesday (April 16). “I think some of them are still overly reliant on industry deposits, have […]

U.S. Bancorp is forecasting a decline in net interest income for this year.  In announcing its earnings Wednesday (April 17), the lender said it anticipates net interest income (NII) of $16.1 billion to $16.4 billion, down from earlier projection of at least $16.6 billion for the year. The bank’s NII for the quarter came to $3.9 […]

Call it the thaw after the FinTech funding winter. Maybe. And for the FinTech IPO Index, there may be some reason for cheer — perhaps this year. Because if private capital is sanguine about the prospects of digital upstarts seeking to change financial services and valuations improve, retail and institutional investors may be moved to […]

The first payment in the ISO 20022 message format on the CHIPS network was completed by Japanese financial institution MUFG Bank and European financial institution Crédit Agricole Corporate & Investment Bank, The Clearing House said in a Wednesday (April 17) press release. “We congratulate Crédit Agricole Corporate & Investment Bank and MUFG for completing the first payment in the ISO 20022 message format on […]

Online shoppers want options for a wider range of grocery occasions, not just their weekly haul, Misfits Market CEO Abhi Ramesh said. The online grocer on Wednesday (April 17) announced a partnership with Gopuff to leverage its perishable supply chain and operational capabilities to enable near-instant delivery of  fresh products. In an interview with PYMNTS, […]

When it comes to issuing credit cards, national banks continue to dominate the field, and — thanks to their massive scale, extensive customer base and seemingly unlimited opportunities to cross-sell — it is unlikely they will surrender that market dominance anytime soon.  Yet, PYMNTS Intelligence data reveals that in recent years, both credit unions (CUs) […]

Two U.S. lawmakers have introduced legislation to govern the use of stablecoins. The legislation, announced Wednesday (April 17) by Sen. Kirsten Gillibrand (D-N.Y.) and Sen. Cynthia Lummis (R-Wyo.) would require stablecoin issuers to maintain one-to-one reserves and ban unbacked, algorithmic stablecoins. It would also outlaw “illicit or unauthorized” use of stablecoins by issuers and users and create state and federal […]

Flatpay has raised 45 million euros (about $48 million) in a Series B funding round to expand its offering of point-of-sale (POS) systems and payment solutions designed for small and medium-sized businesses (SMBs). The Danish company will use the new funding to develop new products and scale new and existing markets, Flatpay said in a […]

Mistral AI is reportedly exploring a funding round that would value it at $5 billion. The French startup has been in talks with investors about raising several hundred million dollars, The Information reported Tuesday (April 16), citing a source with direct knowledge of the matter. The report notes that it’s not clear which investors Mistral had approached. The […]

Earlier this year, Visa and PYMNTS Intelligence trained a spotlight on the Click-and-Mortar™ shopper. This fast-growing segment, who seek digital features with the instant gratification of in-store shopping, offers both challenge and opportunity for merchants as they offer up reimagined experiences in the aisles, at the register and online.   Andre Machicao, senior vice president, Acceptance Solutions at Visa, told […]

Andreessen Horowitz has raised $7.2 billion for tech startups including those in the AI sector. The funding, announced by the venture capital (VC) group Tuesday (April 16), comes as the VC sector is increasingly focused on artificial intelligence (AI) as both an investment target and a tool for making investment decisions. As PYMNTS has written, […]

Real-time payments have enjoyed optional status up to this point. But they are quickly becoming an essential competitive factor for financial institutions (FIs), especially in sectors like real estate and daily payroll. According to Jill Capicchioni, product director, payments at NCR Voyix, there’s a lack of urgency in adoption from some FIs, and it could cost them […]

The hospitality and travel industries have endured a turbulent few years, with the pandemic bringing operations to a halt as travel restrictions led to declines in tourism and subsequent layoffs. Now that the public has resumed its travels and is eagerly securing accommodations, the industries are on the road to recovery. However, legacy payment methods […]

It’s imperative for eCommerce merchants serving international markets to be able to complete frictionless cross-border transactions. However, since these merchants must also fend off fraudsters, they must find and employ fraud prevention tools that do not disrupt consumer transactions.  When compiling “Fraud Management in Online Transactions,” a collaboration with Nuvei, PYMNTS Intelligence found that 82% of […]

Bankjoy and Pinwheel have partnered to help financial institutions offer their customers a frictionless way to set up their direct deposit. With this collaboration, Bankjoy will help its bank and credit union clients integrate Pinwheel’s digital deposit switching (DDS) solution, Pinwheel Prime, the companies said in a Tuesday (April 16) press release. “Removing the friction during the deposit switching setup […]

Interac has acquired the exclusive Canadian rights to use Vouchr’s engagement platform. This platform allows users to send and receive personalized multimedia notifications along with money transfers, and the deal will enable multimedia Interac e-Transfer notifications that can be customized by Canadian consumers and businesses, the companies said in a Tuesday (April 16) press release. “As Canadians show increased […]