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Economy

PYMNTS - Economy

9 | Follower

PYMNTS

03.02.2025

Consumers Change Spending Habits to Ease Paycheck Squeeze

PYMNTS Intelligence finds that paycheck-to-paycheck consumers use short-term solutions like skipping payments or canceling services.

PYMNTS

03.02.2025

Serve Robotics CEO Sees Delivery Robots Transforming Logistics

Serve Robotics CEO Ali Kashani said his autonomous delivery robots can deliver food, consumer goods and parcels.

PYMNTS

03.02.2025

Shein’s Marketplace Reportedly Facing EU Investigation

Chinese eCommerce retailer Shein is reportedly facing a European Commission probe over its compliance with consumer protection laws.

PYMNTS

03.02.2025

OpenAI Debuts Tool to Conduct ‘Deep Research’ Online

OpenAI has debuted an AI tool dubbed “deep research” capable of performing multi-step online research and data analysis.

PYMNTS

03.02.2025

Musk Says DOGE is Suspending Payments to Federal Contractors

Elon Musk says his Department of Government Efficiency (DOGE) is “rapidly shutting down” payments to federal contractors.

PYMNTS

03.02.2025

Samsung Doubles Down on AI and Smart Home Tech for 2025

Samsung’s 2025 strategy centers on leveraging AI and smart home innovations to drive growth, following a tough fourth quarter.

PYMNTS

03.02.2025

Faster Payments Open Global Markets to Smaller Companies

Mike Salerno of FNBO says faster payments and better security are leveling the cross-border payments playing field.

PYMNTS

03.02.2025

Trump Designates Treasury Secretary as CFPB Acting Director

President Donald Trump designated Treasury Secretary Scott Bessent as the Consumer Financial Protection Bureau’s acting director.

PYMNTS

03.02.2025

Does Trump 1.0 Give Clues to the CFPB’s Fate During Trump 2.0?

As Trump 2.0 takes shape, will we see the CFPB return to enforcement actions as a key focus rather than a flurry of rulemaking?

PYMNTS

03.02.2025

Meta Smart Glasses Spending Nears ‘Eye-Watering’ $100 Billion

Meta’s investments in virtual and augmented reality projects could reportedly exceed $100 billion this year.

PYMNTS

03.02.2025

From Klarna to Nelly: Scalable Digital Health Across Europe

Nelly CEO Niklas Radner says automating practices’ administrative workflows and getting them paid faster will scale across Europe.

PYMNTS

03.02.2025

EU Customs Reform Increases Platforms’ Responsibilities

A proposed customs reform in the EU would shift responsibility of importers from individual purchasers to the platforms that sell them.

PYMNTS

03.02.2025

Plaid and Algebrik Launch CU-Focused Loan Origination Platform

Plaid has launched a partnership with loan origination platform Algebrik AI to aid decision-making for lenders and borrowers.

PYMNTS

03.02.2025

CE 100 Index Adds 0.9% as Visa and Mastercard Lead Payments

Earnings were the key movers of the components of the CE 100 Index. The payments networks did well, but LendingClub dropped.

PYMNTS

03.02.2025

Trump Meme Coin Generates Over $86 Million in Trading Fees

President Donald Trump’s meme coin reportedly generated between $86 million and $100 million in trading fees by Thursday (Jan. 30).

PYMNTS

03.02.2025

52% of Consumers Use Credit for Groceries

PYMNTS Intelligence report finds more than half of consumers use credit to buy groceries, signaling a change in how credit products are used.

PYMNTS

03.02.2025

eCommerce Down Under Turns to PSPs for Fraud Expertise

PYMNTS Intelligence finds middle-market eCommerce merchants in Australia value PSPs for tech upgrades to improve and secure online checkout.

PYMNTS

03.02.2025

DeepSeek’s Ascent Means B2B Firms Need to Consider AI ROI

DeepSeek’s emergence could signal a shift in AI’s competitive landscape, where smaller, specialized models gain traction for B2B use cases.

PYMNTS

03.02.2025

Google to Seek Reversal of Judge’s App Store Order

Google and Epic Games will reportedly be in court Monday (Feb. 3) as Google seeks a reversal of a judge’s order on rival app stores.

PYMNTS

03.02.2025

Coinbase: VASP OK Makes It UK’s Biggest Registered Crypto Firm

Coinbase says its virtual asset service provider (VASP) registration means it’s the largest registered digital assets company in the U.K.

PYMNTS

03.02.2025

OpenAI and SoftBank Partner on Enterprise AI Solutions in Japan

OpenAI and the SoftBank Group agreed to establish a joint venture company that will market enterprise AI solutions to major firms in Japan.

PYMNTS

01.02.2025

LinkedIn AI Training Data Lawsuit Dismissed

A lawsuit accusing LinkedIn of using user messages to train artificial intelligence models has been dismissed.

PYMNTS

01.02.2025

Tether Reportedly Made $13 Billion In Profits in 2024

Stablecoin issuer Tether says it made $13 billion in profits during 2024, putting it in the same company as Goldman Sachs.

PYMNTS

01.02.2025

Consumers Use Credit to Plug Gap Between Income and Spending

Personal consumption and income are up, but spending is outpacing the growth in disposable personal income. Consumers turn to credit to cope.

PYMNTS

01.02.2025

Personalized Shopping: The Future of in-Car Commerce

As drivers spend more time in their vehicles, the demand for smarter, more seamless in-car experiences is on the rise.

PYMNTS

01.02.2025

Report: Apple Shelves Mac-Connected AR Glasses Project

Apple has reportedly shut down plans to develop augmented reality glasses that are connected to its computers.

PYMNTS

01.02.2025

Got Digital Assets? The Weird, the Wild and the Whatever Coins

With digital assets proliferating, the PYMNTS Weekender takes a look at some of the unique — OK, just plain bizarre — meme tokens.

PYMNTS

01.02.2025

What Earnings Season Reveals About B2B Payments Opportunity

Financial services, FinTech and enterprise tech firms are providing tools that enhance efficiency, transparency and security in B2B payments.

PYMNTS

01.02.2025

Santander Picks New US CEO Amid Reorganization

Banking giant Santander has reportedly chosen Christiana Riley as its a new U.S. CEO amid a larger reshuffle.

PYMNTS

01.02.2025

Shopping Ranking Reveals Best in Personalized Experiences

PYMNTS’ Shopping Apps Provider Ranking reveals the top apps delivering the best personalized shopping experiences.

PYMNTS

01.02.2025

Rent-A-Center Owner Targets Wage Access With Acquisition

Upbound Group, owner of Rent-A-Center and Acima, has completed its purchase of financial health technology firm Brigit.

PYMNTS

31.01.2025

Cross-Border Payments Transformed by Digital Wallets

Cross-border payments often utilize digital wallets, but banks are not meeting the demand and are not using wallets to their full potential.

PYMNTS

31.01.2025

Worldpay’s Link2Gov Enables Digital Tax Payments for IRS

The Internal Revenue Service has selected Link2Gov, a wholly owned subsidiary of Worldpay, as an authorized digital payments provider.

PYMNTS

31.01.2025

Walmart Canada to Build Dozens of Stores and Sell Fleet Business

Walmart Canada said it will build dozens of new stores across the country over the next five years and that it will sell its fleet business.

PYMNTS

31.01.2025

Visa Tops 4.7 Billion Credentials, Logs 44% Growth in Tokens YOY

Beyond a surge in holiday spending, Visa pointed to a fiscal first quarter that was buoyed by the continued shift to digital transactions.

PYMNTS

31.01.2025

FinTech IPO Index Up 4.9%; Open Lending Leads Platforms Higher

Open Lending gained more than 24%, and the FinTech IPO Index got a boost as investors ready for an onslaught of earnings reports.

PYMNTS

31.01.2025

92% of Large Banks Interested in Metal Cards to Boost Security

As banking fraud rises, FIs are seeking more secure and efficient authentication methods, such as tap-to-authenticate metal payment cards.

PYMNTS

31.01.2025

Think Fraud Prevention Should Be Frictionless?

Brian Oh of FIS Global discusses why the company is focusing on layered security, behavioral intelligence and collective defense.

PYMNTS

31.01.2025

CPG Treasury Chiefs Call for Greater Strategic Integration

Treasurers are often misunderstood in CPG companies, but their understanding of cash flow and funding should give rise to collaborations.

PYMNTS

31.01.2025

Amazon Expands Healthcare Footprint, Taking on Walmart’s Role

Amazon is reshaping access to healthcare, while Walmart continues its focus on affordable care and healthcare research.

home›PYMNTS›Economy

PYMNTS - Economy

Consumers Change Spending Habits to Ease Paycheck Squeeze

Serve Robotics CEO Sees Delivery Robots Transforming Logistics

Shein’s Marketplace Reportedly Facing EU Investigation

OpenAI Debuts Tool to Conduct ‘Deep Research’ Online

Musk Says DOGE is Suspending Payments to Federal Contractors

Samsung Doubles Down on AI and Smart Home Tech for 2025

Faster Payments Open Global Markets to Smaller Companies

Trump Designates Treasury Secretary as CFPB Acting Director

Does Trump 1.0 Give Clues to the CFPB’s Fate During Trump 2.0?

Meta Smart Glasses Spending Nears ‘Eye-Watering’ $100 Billion

From Klarna to Nelly: Scalable Digital Health Across Europe

EU Customs Reform Increases Platforms’ Responsibilities

Plaid and Algebrik Launch CU-Focused Loan Origination Platform

CE 100 Index Adds 0.9% as Visa and Mastercard Lead Payments

Trump Meme Coin Generates Over $86 Million in Trading Fees

52% of Consumers Use Credit for Groceries

eCommerce Down Under Turns to PSPs for Fraud Expertise

DeepSeek’s Ascent Means B2B Firms Need to Consider AI ROI

Google to Seek Reversal of Judge’s App Store Order

Coinbase: VASP OK Makes It UK’s Biggest Registered Crypto Firm

OpenAI and SoftBank Partner on Enterprise AI Solutions in Japan

LinkedIn AI Training Data Lawsuit Dismissed

Tether Reportedly Made $13 Billion In Profits in 2024

Consumers Use Credit to Plug Gap Between Income and Spending

Personalized Shopping: The Future of in-Car Commerce

Report: Apple Shelves Mac-Connected AR Glasses Project

Got Digital Assets? The Weird, the Wild and the Whatever Coins

What Earnings Season Reveals About B2B Payments Opportunity

Santander Picks New US CEO Amid Reorganization

Shopping Ranking Reveals Best in Personalized Experiences

Rent-A-Center Owner Targets Wage Access With Acquisition

Cross-Border Payments Transformed by Digital Wallets

Worldpay’s Link2Gov Enables Digital Tax Payments for IRS

Walmart Canada to Build Dozens of Stores and Sell Fleet Business

Visa Tops 4.7 Billion Credentials, Logs 44% Growth in Tokens YOY

FinTech IPO Index Up 4.9%; Open Lending Leads Platforms Higher

92% of Large Banks Interested in Metal Cards to Boost Security

Think Fraud Prevention Should Be Frictionless?

CPG Treasury Chiefs Call for Greater Strategic Integration

Amazon Expands Healthcare Footprint, Taking on Walmart’s Role

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