Consumers leaning on buy now, pay later for everything from groceries to larger-ticket purchases helped push Klarna deeper into everyday spending during the first quarter, while deposits, debit usage and point-of-sale financing increasingly are part of the company\u2019s growth story.
The post Klarna Expands Deposits and Debit Push as GMV Hits $33.7 Billion appeared first on PYMNTS.com.
\n", "content_text": "Consumers leaning on buy now, pay later for everything from groceries to larger-ticket purchases helped push Klarna deeper into everyday spending during the first quarter, while deposits, debit usage and point-of-sale financing increasingly are part of the company\u2019s growth story.\r\n\t\r\n\t\t\r\n\t\r\n\r\n\r\n\t\nThe company on Thursday (May 14) reported first-quarter revenue of $1 billion, up 44% year over year, while gross merchandise volume rose 33% to $33.7 billion. The earnings presentation also showed active consumers rising 21% to 119 million and merchants increasing 49% to 1.1 million.\nKlarna CEO Sebastian Siemiatkowski said the company\u2019s strategy centers on building a broader payments ecosystem that stretches beyond traditional BNPL.\n\u201cWe are still spend-centric not lend-centric,\u201d Siemiatkowski said on the earnings call. \u201cPay later means we start small with every new customer. A $100 transaction repaid in weeks. That\u2019s how we get to know each other.\u201d\nThe company said it is now live with the majority of the top 100 online retailers in the United States, where Klarna has increasingly pushed its \u201cfair financing\u201d installment product. Executives said most borrowers using those longer-duration installment loans are existing customers with established repayment histories.\nKlarna\u2019s U.S. business remained a key growth engine during the quarter. GMV in the United States rose 39% to $7.1 billion, representing 21% of total GMV. Revenue in the market climbed 67% to $399 million.\nThe company\u2019s fair financing business, tied to its point-of-sale installment offering, generated $4.1 billion in GMV during the quarter, up 138% year over year. Klarna said 225,000 merchants now offer the product, compared to 103,000 a year earlier.\nEveryday Spending \nManagement added that the company is trying to achieve parity and ubiquity with traditional payment networks by offering payment methods suited for different merchant categories including subscriptions, groceries, ridesharing and airlines.\nThat strategy also appeared in the company\u2019s debit and card business. The company has detailed that card product surpassed 5 million users globally during the quarter. Siemiatkowski said debit usage on the card has been stronger than expected.\n\u201cWhat I\u2019m particularly pleased about with the card is obviously its high growth,\u201d he said. \u201cThe additional thing that I find interesting and happy about as well is that the debit side of the card is stronger than we initially expected.\u201d\nKlarna executives said the card is becoming part of consumers\u2019 everyday spending habits, helping deepen engagement with the app while creating additional cross-selling opportunities.\nChief Financial Officer Nicholas Negl\u00e9n said membership fee revenue tied to the card business increased more than 600% year over year during the quarter. He added that card users transact roughly three times more frequently than non-card users and generate materially higher revenue over time.\nThe broader engagement push is also feeding Klarna\u2019s banking and deposit operations. Siemiatkowski said 91% of the company\u2019s funding base now comes from consumer deposits with an average duration of 270 days.\n\u201cEveryday spend feeds the deposits. Deposits fund the originations,\u201d he told analysts.\nCredit Quality Holds Steady \nDespite broader concerns about consumer health and pressure on lower-income households, Klarna executives said delinquency trends remained stable.\nNegl\u00e9n said 30-day-plus delinquency rates in Klarna\u2019s pay-later portfolio remained \u201cstable and well managed,\u201d while delinquency rates in the fair financing portfolio declined sequentially. The company\u2019s earnings presentation showed charge card equivalent delinquency rates at 1.6% for 30-plus days past due and 0.9% for 60-plus days past due.\nExecutives attributed that performance to the company\u2019s short-duration lending structure and transaction-level underwriting model.\nManagement also discussed its emerging agentic commerce strategy during the call, framing Klarna as a payment layer inside AI-driven shopping experiences.\n\u201cAgentic commerce needs three things and we own all three of those. That\u2019s trust, data and transaction layer,\u201d Siemiatkowski said.\nHe pointed to integrations with Google Pay inside Gemini and Klarna\u2019s position within Stripe Link as examples of how the company is trying to secure a place inside future AI-driven purchasing flows.\nLooking ahead, Klarna reiterated its full-year guidance, including GMV above $155 billion and adjusted operating income above 6.9% of revenue.\nShares surged 16% in early trading on Thursday.\n\r\n\r\nThe post Klarna Expands Deposits and Debit Push as GMV Hits $33.7 Billion appeared first on PYMNTS.com.", "date_published": "2026-05-14T14:11:47-04:00", "date_modified": "2026-05-14T14:11:47-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2023/07/klarna-2.jpg", "tags": [ "BNPL", "buy now pay later", "Earnings", "installment payments", "Klarna", "News", "PYMNTS News", "Retail" ] }, { "id": "https://www.pymnts.com/?p=3731957", "url": "https://www.pymnts.com/earnings/2026/alibaba-sacrifices-profits-to-fuel-ai-growth/", "title": "Alibaba Sacrifices Profits to Fuel AI Growth", "content_html": "Artificial intelligence accounts for a rapidly growing share of Alibaba Group\u2019s revenue, and it will deliver a return on the substantial investment the company is making in AI infrastructure, CEO Eddie Wu said Wednesday (May 13).
The post Alibaba Sacrifices Profits to Fuel AI Growth appeared first on PYMNTS.com.
\n", "content_text": "Artificial intelligence accounts for a rapidly growing share of Alibaba Group\u2019s revenue, and it will deliver a return on the substantial investment the company is making in AI infrastructure, CEO Eddie Wu said Wednesday (May 13).\r\n\t\r\n\t\t\r\n\t\r\n\r\n\r\n\t\nSpeaking during the company\u2019s earnings call for the quarter ended March 31, Wu said that AI-related product revenue now accounts for 30% of its Cloud Intelligence Group\u2019s revenue and that it will account for more than 50% in about a year.\nAlibaba Group\u2019s Cloud Intelligence Group, which includes what it calls \u201cAI + Cloud\u201d businesses, saw its revenue increase 40% year over year, according to a presentation released Wednesday.\n\u201cGiven the certainty of long-term AI demand and our full-stack technology advantages, we expect this trajectory to sustain strong growth over the medium to long term,\u201d Wu said.\nThe group\u2019s AI revenue has seen triple-digit growth for 11 consecutive quarters. This has brought AI product revenue to where it accounts for 30% of the group\u2019s revenue, per the presentation.\n\u201cWe are at a pivotal inflection point in the evolution from conversational chatbots to autonomous AI agents, which is directly driving explosive growth across three core workload categories: training, inference and agent orchestration,\u201d Wu said during the call. \u201cAgainst this backdrop, Alibaba\u2019s AI has moved beyond the initial investment phase and progressed commercialization at scale.\u201d\nAmid this growth, Alibaba Group\u2019s EBITDA fell by 61% year over year, which the company said was primarily attributable to its investment in technology businesses, quick commerce and user experiences, according to a Wednesday earnings release.\nAsked by an analyst how the company\u2019s management balances its aggressive AI spending against earnings stability, Wu compared it to investing in factories in order to profit from manufacturing in the future.\n\u201cWe see the ROI [return on investment] on this investment in the next three- to five-year period as being extremely clear,\u201d Wu said.\nOverall, during the quarter, Alibaba saw year-over-year revenue growth of 3%. When revenue is compared on a like-for-like basis, with revenue from two businesses that Alibaba sold (Sun Art and Intime) excluded, that figure rises to 11%, according to the earnings release.\nAlibaba Group\u2019s two eCommerce businesses, which it dubs \u201cconsumption businesses,\u201d grew at a slower pace. Alibaba China E-commerce Group and Alibaba International Digital Commerce Group each saw a revenue increase of 6% year over year, according to the presentation.\nAlibaba Group\u2019s \u201call others\u201d segment saw its revenue drop by 21% year over year. The company said the decline was primarily due to its sale of Sun Art and Intime.\n\r\n\r\nThe post Alibaba Sacrifices Profits to Fuel AI Growth appeared first on PYMNTS.com.", "date_published": "2026-05-13T23:16:26-04:00", "date_modified": "2026-05-13T23:17:18-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2026/05/Alibaba-AI-earnings-1.jpg", "tags": [ "AI", "AI infrastructure", "alibaba", "cloud computing", "ecommerce", "News", "PYMNTS News", "What's Hot", "Earnings" ] }, { "id": "https://www.pymnts.com/?p=3730386", "url": "https://www.pymnts.com/earnings/2026/openai-helps-drive-up-profits-for-japanese-backer-softbank/", "title": "OpenAI Helps Drive up Profits for Japanese Backer SoftBank", "content_html": "Japanese conglomerate\u00a0SoftBank\u2019s quarterly profits jumped nearly threefold thanks to its stake in\u00a0OpenAI.
The post OpenAI Helps Drive up Profits for Japanese Backer SoftBank appeared first on PYMNTS.com.
\n", "content_text": "Japanese conglomerate\u00a0SoftBank\u2019s quarterly profits jumped nearly threefold thanks to its stake in\u00a0OpenAI.\r\n\t\r\n\t\t\r\n\t\r\n\r\n\r\n\t\nThe company\u00a0released earnings Wednesday (May 13) showing its net profit more than tripled to 1.83 trillion yen, or $11.6 billion.\nSoftBank has invested more than $30 billion in OpenAI and said it had recorded a cumulative $45 billion increase on that stake in the last year, much of it during the fourth quarter. This helped offset losses on investments in companies such as Klarna.\nThe company\u2019s initial investment in OpenAI\u00a0came in 2024, when the artificial intelligence (AI) startup was valued at $150 billion. That figure has since ballooned to $852 billion following a\u00a0record round\u00a0of funding last month.\nA\u00a0report\u00a0on the earnings by the Financial Times notes that SoftBank\u2019s ability to take part in the funding rounds that have boosted OpenAI\u2019s valuation \u2014 which can then in turn bolster SoftBank\u2019s numbers \u2014 has caused some analysts to express concerns.\nThe report cites a note from analyst Atul Goyal at Jefferies, who has characterized the situation as\u00a0\u201ccircular funding dynamics,\u201d\u00a0writing in a note that of the estimated $70 billion in actual cash OpenAI has raised in the last year, nearly 85% has come from SoftBank.\n\u201cThis concentration creates a self-reinforcing valuation loop,\u201d Goyal wrote.\nIn other OpenAI news, PYMNTS CEO Karen Webster wrote about the company\u2019s efforts \u2014 and those of Amazon \u2014 to develop a device to take on\u00a0Apple\u2019s iPhone.\n\u201cThe\u00a0conventional analysis\u00a0of these moves focuses on whether OpenAI or Amazon can compete with the iPhone,\u201d Webster wrote. \u201cHistory would say, whoa, not so fast.\u00a0The Fire Phone.\u00a0Windows Phone.\u00a0Facebook phone. The graveyard of failed smartphone challengers is deep and well-populated with some of the biggest names in tech. Then again, maybe that was then and this could be what\u2019s next.\u201d\nThe question, she added, is not whether OpenAI is able to outsell Apple. Rather, it\u2019s what happens when a company that has 900 million weekly active users and 50 million paying subscribers decides that it wants to stop accessing those users via another firm\u2019s hardware.\nChatGPT is the largest tenant in the Apple App Store, with Apple taking a piece of every subscription sold through it.\n\u201cThat\u2019s a business relationship that works until it doesn\u2019t. And OpenAI is clearly signaling that it wants to own the full stack,\u201d Webster wrote.\n\r\n\r\nThe post OpenAI Helps Drive up Profits for Japanese Backer SoftBank appeared first on PYMNTS.com.", "date_published": "2026-05-13T13:34:40-04:00", "date_modified": "2026-05-13T13:34:40-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2021/07/softbank.jpg", "tags": [ "AI", "Earnings", "Investments", "News", "OpenAI", "PYMNTS News", "SoftBank Group Corp.", "What's Hot" ] }, { "id": "https://www.pymnts.com/?p=3730138", "url": "https://www.pymnts.com/earnings/2026/paysafe-targets-agentic-commerce-as-digital-wallet-users-jump-9percent/", "title": "Digital Wallets Give Paysafe a Door Into AI Commerce", "content_html": "As digital wallets, eCommerce and AI-powered payments continue reshaping online commerce, Paysafe used its latest quarter to position itself at the intersection of those trends while also navigating some of the pressures that can come with scaling a global payments platform.
The post Digital Wallets Give Paysafe a Door Into AI Commerce appeared first on PYMNTS.com.
\n", "content_text": "As digital wallets, eCommerce and AI-powered payments continue reshaping online commerce, Paysafe used its latest quarter to position itself at the intersection of those trends while also navigating some of the pressures that can come with scaling a global payments platform.\r\n\t\r\n\t\t\r\n\t\r\n\r\n\r\n\t\nThe company reported first-quarter revenue of $442.7 million, up 10% year over year.\nWallets, eCommerce and Agentic Commerce \nPaysafe CEO Bruce Lowthers said on the Wednesday (May 13) conference call that the quarter reflected continued momentum across sports betting, digital wallets and Latin American markets, alongside investments designed to support AI-enabled commerce.\nLowthers also pointed to accelerating adoption of Paysafe\u2019s wallet products across Europe and Latin America. Active users reached 7.9 million in the quarter, up 9% year over year.\nThe company\u2019s digital wallets segment generated $216.3 million in revenue, up 15%, while wallet volume increased 19% to $7.1 billion. Within merchant solutions, eCommerce revenue increased 17%, led by 28% growth in iGaming. Paysafe also highlighted strong activity tied to the NFL playoffs, Super Bowl and March Madness.\nLowthers said the company is increasingly focusing on how payments infrastructure can support agentic commerce models where artificial intelligence assistants initiate transactions on behalf of consumers. He told analysts, \u201cWith one integration, Paysafe can enable merchants to offer AI powered commerce across ChatGPT, Claude, and Gemini along with their own portal and apps.\u201d\nAccording to Lowthers, the company sees agentic commerce as \u201ca meaningful evolution in how transactions originate.\u201d\nThe company also continued leaning into automation internally. Paysafe management noted on the conference call Wednesday that nearly 60% of consumer support interactions were resolved through digital assistance channels during the quarter, up 25% from a year ago.\nLatin America and Wallet Adoption Gain Momentum\nLatin America remained one of the company\u2019s strongest growth engines.\nPaysafe said its local payments network and wallet offerings continue gaining traction across the region as consumers shift from cash toward digital payment methods. The company reported that Latin America active users reached 3.3 million during the quarter, the highest level to date.\nThe company\u2019s PagoEfectivo Wallet product was also highlighted as a contributor to user growth and engagement. Paysafe said its Latin America network now spans roughly 400,000 collection points and covers about 90% of local payment method coverage across key markets.\nLowthers said the company\u2019s wallet expansion in Europe is also gaining ground.\n\u201cWe are much more aggressive about consumer acquisition today than we ever have been,\u201d Lowthers said during the Q&A session.\nHe also said PaysafeWallet recorded its strongest month on record in March.\nCredit Losses Pressure Margins\nEven as revenue trends strengthened, the company acknowledged pressure described as being temporary in nature.\nLowthers said Paysafe experienced \u201cincrease in credit losses while converting to a new risk management platform.\u201d\nHe added that the losses \u201cwere contained over the course of a few weeks beginning in March and shouldn’t have an impact on the business going forward as our models continue to mature.\u201d\nThose higher losses weighed on profitability in the merchant solutions segment. Adjusted EBITDA for merchant solutions declined to $28.1 million from $29.4 million a year earlier, while adjusted EBITDA margin fell to 12.2% from 13.5%.\nCFO Highlights Investments and Outlook\nChief Financial Officer John Crawford said the company\u2019s results also reflected elevated investments in marketing and technology infrastructure.\nThe company ended the quarter with a leverage ratio of 5.2x, down from 5.5x at the end of 2025.\nLooking ahead, Paysafe reaffirmed its full-year guidance. The company continues to expect revenue growth and adjusted EBITDA growth in the range of 5% to 8%.\nShares soared 14% in early trading on Wednesday.\n\r\n\r\nThe post Digital Wallets Give Paysafe a Door Into AI Commerce appeared first on PYMNTS.com.", "date_published": "2026-05-13T11:30:09-04:00", "date_modified": "2026-05-13T20:24:27-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/08/Paysafe-logo-2025.jpg", "tags": [ "agentic commerce", "AI", "digital wallets", "Earnings", "Gaming", "News", "Paysafe", "PYMNTS News" ] }, { "id": "https://www.pymnts.com/?p=3727020", "url": "https://www.pymnts.com/earnings/2026/figure-revenue-jumps-92percent-consumer-loan-marketplace-expands/", "title": "Figure Revenue Jumps 92% as Consumer Loan Marketplace Expands", "content_html": "Figure Technology Solutions\u2019 latest quarter underscored how quickly the company is moving beyond its roots in home equity lending and into a broader marketplace model built around mortgages, consumer credit and blockchain-based capital markets, as loan originations and platform activity continued to accelerate.
The post Figure Revenue Jumps 92% as Consumer Loan Marketplace Expands appeared first on PYMNTS.com.
\n", "content_text": "Figure Technology Solutions\u2019 latest quarter underscored how quickly the company is moving beyond its roots in home equity lending and into a broader marketplace model built around mortgages, consumer credit and blockchain-based capital markets, as loan originations and platform activity continued to accelerate.\r\n\t\r\n\t\t\r\n\t\r\n\r\n\r\n\t\nConsumer loan marketplace volume, as reported on Tuesday (May 12), reached $2.9 billion in the first quarter, up 113% year over year, while adjusted net revenue climbed 92% to $167 million.\nThe company said growth was driven by expansion across multiple business lines, including Figure Connect, first-lien mortgage products and newer lending categories tied to real estate investors and small businesses. Figure Connect represented 56% of overall marketplace volume during the quarter, while first-lien volume increased threefold year over year. Debt service coverage ratio, or DSCR, and residential transition loan activity grew 70% quarter over quarter.\nMichael Tannenbaum, Figure\u2019s CEO, said the company\u2019s growth is increasingly tied to its ability to attract larger institutional partners while expanding the types of loans moving through its marketplace.\nTannenbaum said Figure is seeing especially strong traction in first-lien mortgages and business-purpose lending, including DSCR and residential transition loans often used by real estate investors. He noted that the company\u2019s lower cost structure gives it an advantage in smaller-balance first-lien lending.\n\u201cLast quarter, I dubbed 2026 the year of the first lien,\u201d Tannenbaum told analysts. \u201cToday, I\u2019m pleased to share first-lien volume now accounts for 20% of our total.\u201d\nFigure Connect Metrics Grow \nHe added that the company\u2019s economics are improving as more lending activity moves onto Figure Connect. \u201cFor Connect, on average, we see over two times monthly volume on a same partner basis six months after launching on Connect,\u201d Tannenbaum said.\nTannenbaum said Figure\u2019s products are increasingly positioned around tapping housing wealth more efficiently, particularly as traditional mortgage activity remains pressured by interest rates.\n\u201cWe see the opportunities there as not only the existing first-lien origination market,\u201d he said, \u201cbut also FinTechs and home improvement companies that historically don\u2019t consider themselves in this space, but look to tap home equity.\u201d\nThe company also stressed that many of the loans being originated are in categories that previously had been underserved by traditional lenders.\nMortgage-related activity remained a central part of the quarter\u2019s performance. Executives highlighted the growing role of first-lien products and pointed to demand from banks and mortgage originators looking for more efficient ways to participate in the market.\nChief Financial Officer Macrina Kgil said the company\u2019s financial performance reflected both rising scale and a more diversified mix of lending products and marketplace activity.\nKgil added that March marked the first time the company surpassed $1 billion in monthly marketplace volume.\nThe CFO also pointed to artificial intelligence (AI) initiatives as part of the company\u2019s longer-term efficiency strategy. \u201cThis is the power of our AI-driven efficiency roadmap,\u201d she said.\nLooking ahead, Figure projected second-quarter consumer loan marketplace volume between $3.8 billion and $4.1 billion.\nShares were up 2.4% in early trading on Tuesday.\n\r\n\r\nThe post Figure Revenue Jumps 92% as Consumer Loan Marketplace Expands appeared first on PYMNTS.com.", "date_published": "2026-05-12T14:26:08-04:00", "date_modified": "2026-05-12T14:26:08-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/09/Figure-Technology.jpg", "tags": [ "consumer finances", "Earnings", "Figure Technology Solutions", "loans", "News", "PYMNTS News" ] }, { "id": "https://www.pymnts.com/?p=3724090", "url": "https://www.pymnts.com/earnings/2026/green-dot-ignites-earnings-growth-before-sale/", "title": "Green Dot Posts 109% Net Income Gain Ahead of Sale", "content_html": "Green Dot, a FinTech and bank holding company serving consumers and businesses, continued strengthening its platform and optimizing its balance sheet during the first quarter as it readies for acquisition, Green Dot CEO William Jacobs said in a Monday (May 11) earnings release.
The post Green Dot Posts 109% Net Income Gain Ahead of Sale appeared first on PYMNTS.com.
\n", "content_text": "Green Dot, a FinTech and bank holding company serving consumers and businesses, continued strengthening its platform and optimizing its balance sheet during the first quarter as it readies for acquisition, Green Dot CEO William Jacobs said in a Monday (May 11) earnings release.\r\n\t\r\n\t\t\r\n\t\r\n\r\n\r\n\t\n\u201cThese efforts help ensure the company has a strong foundation and ample growth opportunity going forward, as well as in its next chapter with Smith Ventures and CommerceOne,\u201d Jacobs said in the release.\nGreen Dot announced in November that it was selling its nonbank financial technology business and operations to Smith Ventures, which is a private equity company, and its Green Dot Bank to CommerceOne Financial, which is the parent company of Birmingham, Alabama-headquartered CommerceOne Bank.\nThe company did not host an earnings call about its first-quarter financial results because of these proposed transactions, according to the Monday release. The closing of the transactions remains subject to shareholder approval, regulatory approval and other customary closing conditions.\n\u201cThe parties received early termination of the waiting period under the Hart-Scott-Rodino Act and have filed regulatory applications to all applicable U.S. federal and state bank authorities,\u201d the company said in the release.\nIn the first quarter, Green Dot grew its total operating revenues 17% year over year to $656.2 million, its net income 109% to $53.8 million, and its diluted earnings per common share 98% to 93 cents.\nThe company\u2019s first-quarter performance was led by its tax processing business and outperformance in several other divisions, Green Dot Chief Financial Officer Jess Unruh said in the release.\n\u201cAs we continue making investments that support top-line growth, we are also building a culture of cost discipline that helps drive our bottom-line results, as we benefited from modestly lower operating expenses in the quarter,\u201d Unruh said.\nDuring the first quarter, Green Dot announced in a March 5 press release that money transfer company DolFinTech introduced new demand deposit accounts (DDAs) powered by Green Dot\u2019s embedded finance platform.\nThe companies said in the release that DolFinTech serves outbound remittance markets in the United States, Canada and Spain to more than 20 destination countries, and that the new DDAs are designed to empower Hispanic and other underserved communities.\nDolFinTech has more than 500 company stores, 5,000 retail agent locations and a growing digital presence, per the release.\nIn its Monday press release, Green Dot said: \u201cIn the first quarter of 2026, Green Dot maintained a strong pipeline of prospective partners that continue to present substantial growth opportunities via its fee-based transaction revenues and through deposits that are strategically invested in high-quality, interest-bearing assets.\u201d\nThe PYMNTS Intelligence report \u201cThe Embedded Finance Scale Factor: How Firm Size Shapes Strategy, Technology and Partnership Decisions,\u201d a Green Dot collaboration, found that about 80% of small and middle-market firms plan to upgrade their embedded finance capabilities within the next 12 months.\n\r\n\r\nThe post Green Dot Posts 109% Net Income Gain Ahead of Sale appeared first on PYMNTS.com.", "date_published": "2026-05-11T17:46:14-04:00", "date_modified": "2026-05-11T20:55:06-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/11/Green-Dot.png", "tags": [ "acquisitions", "Earnings", "FinTech", "Green Dot", "News", "PYMNTS News", "What's Hot" ] }, { "id": "https://www.pymnts.com/?p=3723132", "url": "https://www.pymnts.com/earnings/2026/priority-payables-rockets-36-as-enterprise-giants-join/", "title": "Priority Payables Growth Signals Upmarket B2B Push", "content_html": "Priority Technology Holdings\u00a0saw growth across all three segments of its connected commerce engine in the first quarter, with Payables leading the way as it gained larger customers and larger volumes.
The post Priority Payables Growth Signals Upmarket B2B Push appeared first on PYMNTS.com.
\n", "content_text": "Priority Technology Holdings\u00a0saw growth across all three segments of its connected commerce engine in the first quarter, with Payables leading the way as it gained larger customers and larger volumes.\r\n\t\r\n\t\t\r\n\t\r\n\r\n\r\n\t\nOverall, during the first quarter, Priority saw its revenue increase 11.1% year over year to reach $249.6 million, according to a Monday (May 11) earnings release.\nThe firm\u2019s\u00a0Payables\u00a0segment saw the fastest growth, with a 36% year-over-year increase boosting its revenue to $32.4 million, according to\u00a0supplemental slides released Monday. The Payables segment offers payables and financing solutions, automates reconciliation and provides ways to optimize working capital and earn cash back. Priority attributed this segment\u2019s growth to a 37% increase in buyer-funded revenues and a 31% increase in supplier-funded revenues.\nPriority\u00a0Chairman\u00a0and CEO\u00a0Tom Priore said during a Monday earnings call\u00a0that Payables is gaining larger customers and larger volumes.\n\u201cWe have had the view when we acquired the business that this was really well situation to move upmarket towards really marketing more as a working capital solution for larger organizations, and that is just starting,\u201d Priore said.\u00a0\u201cWhat the numbers you are seeing is that manifesting.\u201d\nPriority\u2019s\u00a0Treasury Solutions\u00a0segment saw 17% year over year growth and reached $58.8 million. This segment\u2019s Passport solution automates reconciliation, streamlines financial\u00a0operations\u00a0and provides users with full transparency into their liquidity. Priority said in the presentation that Treasury Solutions saw a 20% increase in billed clients, bringing the total to 1.1 million.\nPriority\u2019s largest segment,\u00a0Merchant Solutions, saw its revenue increase 7% year over year and reach $161.8 million. This segment offers point-of-sale and merchant acquiring solutions. In the presentation, the company attributed Merchant Solution\u2019s growth to a combination of 4% organic growth and its acquisitions of\u00a0Boom Commerce\u00a0and\u00a0Dealer Merchant Solutions\u00a0in the second half of 2025.\nPriority Chief Financial Officer\u00a0Tim O\u2019Leary\u00a0said during the call that Merchant Solutions continued to see softness in some industry sectors it flagged in past earnings calls, including restaurants,\u00a0construction\u00a0and legal services.\n\u201cWhere we saw strength was real estate,\u201d O\u2019Leary said. \u201cAs we continue to expand some of our property management solutions and real estate tech, we continue to see growth there, which I would argue is more us taking share than it is the market necessarily continuing to grow in real estate, so I think that is a positive for us.\u201d\nThis segment also saw growth in retail trade as well as food stores and\u00a0grocery, in part due to rising prices in those sectors.\nPriority expects its first-quarter growth to continue throughout the year. The company affirmed its full-year 2026 guidance, which forecasts revenue to grow between 6% and 9% compared to 2025, per the earnings release.\nO\u2019Leary said the company\u2019s forecast is based on \u201cstrong momentum across our business segments, combined with high visibility into continued performance for the remainder of the year.\u201d\n\r\n\r\nThe post Priority Payables Growth Signals Upmarket B2B Push appeared first on PYMNTS.com.", "date_published": "2026-05-11T13:32:36-04:00", "date_modified": "2026-05-11T20:53:54-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/03/Priority-Technology.png", "tags": [ "B2B", "B2B Payments", "commercial payments", "Earnings", "News", "Priority", "PYMNTS News", "What's Hot", "What's Hot In B2B" ] }, { "id": "https://www.pymnts.com/?p=3722397", "url": "https://www.pymnts.com/earnings/2026/circle-chases-agentic-growth-scale-stablecoin-infrastructure/", "title": "Circle Chases Agentic Growth to Scale Stablecoin Infrastructure", "content_html": "As cryptocurrency goes mainstream, the sector\u2019s blockchain-native firms and builders are staring down a paradox.
The post Circle Chases Agentic Growth to Scale Stablecoin Infrastructure appeared first on PYMNTS.com.
\n", "content_text": "As cryptocurrency goes mainstream, the sector\u2019s blockchain-native firms and builders are staring down a paradox.\r\n\t\r\n\t\t\r\n\t\r\n\r\n\r\n\t\nThey are increasingly tasked with sustaining premium valuations while simultaneously absorbing the costs of expansion, compliance and platform development.\nThat was the dominant narrative on Circle\u2019s first-quarter 2026 earnings call Monday (May 11), where the stablecoin issuer and digital asset infrastructure provider framed itself not as a payments company, but as an economic operating system being built for the future.\n\u201cCircle is an early-stage company just starting to execute our long-term strategy,\u201d Circle co-founder, CEO and chairman Jeremy Allaire said. \u201cWe are entering a fundamentally different era of software-powered money\u2026 at internet scale and velocity.\u201d\n\u201cWith the ARC token presale, momentum behind the Arc network and the launch of our Agent Stack, we are building trusted infrastructure for AI-native economic activity and a more programmable internet financial system,\u201d Allaire added.\nIn its financial materials and on the call, the company emphasized the convergence of artificial intelligence systems and blockchain-based economic coordination. Circle described a future where \u201csoftware machines, powered by AI, deliver an increasing share of the world\u2019s economic activity.\u201d\nRead also: Stablecoin Settlement Brings Cross-Border Interoperability to Local RTP Networks\nA Broader Bet on the Next Iteration of the Internet Financial System\nThe central thesis of Circle\u2019s leadership is that autonomous AI agents will increasingly require mechanisms for identity, payments, coordination and programmable execution. Traditional payment rails were designed for humans and institutions, not agentic software entities capable of initiating millions of low-value transactions in real time.\nCircle believes stablecoins can become the native monetary layer for these systems.\nThe company\u2019s new Circle Agent Stack represents its clearest move in that direction. The platform includes agent wallets, programmable payment infrastructure, micropayment rails and marketplaces intended to allow AI agents to transact independently using Circle\u2019s USDC stablecoin.\nOne of the most notable features is \u201cNanopayments,\u201d which Circle said enables gas-free USDC transfers as small as one-millionth of a dollar. The capability targets a future where machine-to-machine commerce becomes economically viable at scale.\nIn practical terms, Circle is betting that autonomous AI systems will eventually require a financial layer optimized for software rather than humans. If that thesis proves correct, the opportunity extends beyond cryptocurrency speculation and into the architecture of digital commerce itself.\nThe company also announced that it raised $222 million in a presale of ARC tokens at a fully diluted valuation of $3 billion, with participation from investors, including BlackRock, a16z crypto, ARK Invest and others.\nArc is being positioned as an enterprise-grade Layer-1 blockchain optimized for payments, tokenization and financial settlement. Allaire described it as an \u201cEconomic OS for the internet.\u201d\n\u201cIf you\u2019re a platform company like Circle, it\u2019s very clear that AI-driven and agentic-driven infrastructure and automation is going to be very central,\u201d he said.\nSee also: Stablecoin Fragmentation Creates New Risks for Businesses\nThe Stablecoin Business Is Expanding\nOperationally, Circle\u2019s core stablecoin business continued to grow with circulation of its USDC stablecoin rising 28% year over year to $77 billion in the quarter, while on-chain transaction volume surged to $21.5 trillion, a 263% increase from the prior year. The company generated $653 million in reserve income during the quarter, accounting for most of the company\u2019s total revenue of $694 million.\nAs long as interest rates remain elevated, Circle can continue to benefit from the yield generated on reserves backing USDC. When, or if, rates normalize, reserve income could compress materially. Circle\u2019s growing push into software, infrastructure and AI services cited by executives on Monday\u2019s call appears designed to diversify before that compression arrives.\nCircle also highlighted expanding enterprise integrations across firms, including Meta, Mastercard, Deutsche Telekom-backed Banking Circle, DTCC, Fireblocks and Standard Chartered.\nStill, Circle now resembles a company straddling three identities simultaneously, including a regulated financial institution, a crypto infrastructure provider and an AI-era software platform. Each may require substantial investment, specialized talent and regulatory coordination.\nFindings in the PYMNTS Intelligence report \u201cStablecoins Gain Ground: Why CFOs See More Promise There Than in Crypto\u201d from March revealed that while 42% of middle-market companies have at least discussed stablecoins, only 13% have reported actual stablecoin use. Businesses that wish to use stablecoins have indicated they are more interested in joining forces with banks than with crypto firms.\nFor all PYMNTS AI coverage, subscribe to the daily AI Newsletter.\n\r\n\r\nThe post Circle Chases Agentic Growth to Scale Stablecoin Infrastructure appeared first on PYMNTS.com.", "date_published": "2026-05-11T11:19:09-04:00", "date_modified": "2026-05-11T11:19:09-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2021/07/Circle-usdc-coin.jpg", "tags": [ "artificial intelligence", "Blockchain", "circle", "Cryptocurrency", "Earnings", "News", "PYMNTS News", "stablecoins" ] }, { "id": "https://www.pymnts.com/?p=3719485", "url": "https://www.pymnts.com/earnings/2026/draftkings-bets-on-exchange-style-expansion-as-sportsbook-sector-matures/", "title": "DraftKings Bets on Exchange-Style Expansion As Sportsbook Sector Matures", "content_html": "Customer acquisition at scale is no longer the name of the online sports betting game.
The post DraftKings Bets on Exchange-Style Expansion As Sportsbook Sector Matures appeared first on PYMNTS.com.
\n", "content_text": "Customer acquisition at scale is no longer the name of the online sports betting game.\r\n\t\r\n\t\t\r\n\t\r\n\r\n\r\n\t\nAccording to executives on DraftKings\u2019 Friday (May 8) first-quarter 2026 earnings call, competition is increasingly centered on infrastructure, data science and product integration.\nCEO Jason Robins framed \u201csports predictions\u201d as the company\u2019s next strategic frontier, describing the category as a massive adjacent opportunity capable of reshaping how consumers engage with live sports. Rather than treating prediction markets as a side business, DraftKings is integrating them directly into its flagship app and building what Robins repeatedly called a nationwide \u201csuper app\u201d for sports engagement.\nThe company\u2019s first-quarter 2026 earnings offered more than a strong financial update. Revenue rose 17% year over year to $1.646 billion, while adjusted EBITDA climbed 64% to $168 million. DraftKings also posted its second consecutive quarter of positive net income, a milestone that would have seemed distant during the industry\u2019s subsidy-heavy expansion phase.\nBut the most consequential message from management was not about profitability. It was about reinvention.\nSee also: DraftKings Sees Slower 2026 Growth Despite $10 Billion Prediction Market Opportunity\nDraftKings Eyes Evolution from Sportsbook to Exchange\nThe deeper story inside DraftKings\u2019 earnings is not simply about revenue beats or guidance misses. It is about corporate identity. For years, DraftKings benefited from being viewed as an insurgent growth company operating in a newly legalized market. Investors rewarded expansion above all else because the category itself still felt unfinished.\nToday, DraftKings is increasingly confronting the inevitable consequence of market maturation. Many of the largest states that were likely to legalize sports betting already have. Customer acquisition costs are stabilizing rather than collapsing. And competition among the leading operators has evolved from a land-grab battle into a contest centered on retention, engagement and product differentiation.\nIn DraftKings\u2019 case, that means sports betting, prediction markets, fantasy contests, casino gaming, media integrations, payments and live-event engagement, all operating within a unified ecosystem.\nThe clearest signal of DraftKings\u2019 ambitions lies in its infrastructure investments. The company is not merely layering prediction products onto an existing sportsbook. It is building the underlying mechanics of a financial exchange.\nThe company reported that annualized prediction consumer volume surpassed $1 billion in April, while total volume traded exceeded $2.3 billion. Customer acquisition costs for prediction products also dropped more than 80% after integration into the main DraftKings app.\nManagement also disclosed on Friday\u2019s call that DraftKings has already launched internal market-making operations and plans to introduce a proprietary exchange ahead of the World Cup. Those capabilities are central to how modern financial marketplaces operate: market makers provide liquidity, exchanges facilitate transactions, and pricing models determine efficiency and profitability.\nRobins acknowledged as much during the earnings call, arguing that whether the consumer experience is structured \u201cas a bet or a contract,\u201d the underlying drivers remain the same: liquidity, pricing accuracy, customer trust and seamless execution.\nSee also:\u00a0Prediction Markets Turn Uncertainty Into a Business Model\u00a0\nAI and Regulation Are Changing the Industry\u2019s Economics \nAt the same time, company execs suggested that internal operating leverage is accelerating because of AI-enabled workflows. According to CFO Alan Ellingson, some teams are now operating at two to three times prior-year productivity levels under what he described as an \u201cAI-first execution\u201d model.\nAs Ellingson stressed, artificial intelligence (AI) is not merely reducing customer-service costs or automating coding tasks. It is changing how quickly product organizations can iterate. In industries dependent on constant optimization, from gaming to advertising to financial trading, speed increasingly can become a competitive moat.\nFor DraftKings, faster iteration may prove especially important in prediction markets, where user behavior, liquidity dynamics and regulatory structures are all evolving simultaneously. DraftKings expects to invest between $200 million and $300 million into prediction-related initiatives during 2026, spanning marketing, technology and customer acquisition.\nPrediction markets also occupy an unusual position in the U.S. regulatory environment. Unlike traditional sports betting, which requires state-by-state legalization and licensing, certain prediction products can potentially operate under federal frameworks that bypass some state restrictions.\nRobins argued that prediction markets are beginning to alter conversations with lawmakers, particularly in states that have not legalized online sports betting. The existence of federally accessible prediction products, he suggested, weakens arguments for maintaining restrictive state policies while simultaneously creating pressure against increasing taxes on regulated sportsbooks.\nDraftKings therefore faces a delicate balancing act. It must continue proving that its core sportsbook business can generate expanding profitability while simultaneously investing in entirely new categories that may define the next decade of digital wagering.\n\r\n\r\nThe post DraftKings Bets on Exchange-Style Expansion As Sportsbook Sector Matures appeared first on PYMNTS.com.", "date_published": "2026-05-08T19:20:53-04:00", "date_modified": "2026-05-08T19:20:53-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2026/05/DraftKings-earnings.jpeg", "tags": [ "DraftKings", "Earnings", "gambling", "News", "prediction markets", "PYMNTS News", "Sports betting" ] }, { "id": "https://www.pymnts.com/?p=3718668", "url": "https://www.pymnts.com/earnings/2026/fis-frames-tokenized-deposits-as-banks-answer-to-stablecoins/", "title": "FIS Frames Tokenized Deposits as Banks\u2019 Answer to Stablecoins", "content_html": "As banks revisit the architecture underpinning payments, fraud controls and digital money movement, FIS\u2019 latest earnings call on Friday (May 8) positioned the company connective tissue linking artificial intelligence (AI), tokenized deposits and regulated banking infrastructure.
The post FIS Frames Tokenized Deposits as Banks\u2019 Answer to Stablecoins appeared first on PYMNTS.com.
\n", "content_text": "As banks revisit the architecture underpinning payments, fraud controls and digital money movement, FIS\u2019 latest earnings call on Friday (May 8) positioned the company connective tissue linking artificial intelligence (AI), tokenized deposits and regulated banking infrastructure.\r\n\t\r\n\t\t\r\n\t\r\n\r\n\r\n\t\nThat strategy framed the company\u2019s first-quarter earnings call, where executives argued that financial institutions are shifting technology budgets toward platforms capable of supporting AI deployment inside tightly supervised banking environments.\nThe company also outlined plans to build AI agents focused initially on financial crimes investigations. As noted in the earnings materials, FIS estimates that roughly $2 trillion in illicit funds move through the global financial system annually, while anti-money laundering operations account for an estimated $35 billion to $40 billion in yearly industry spending.\nCEO Stephanie Ferris said banks increasingly want AI systems that can operate inside established compliance frameworks rather than experimental standalone tools. \u201cThey are looking for us to help you really think about how do you deploy it in a regulated way,\u201d she told analysts. \u201cHow is it auditable? How is it traceable?\u201d\nBanking Budgets Shift Toward Digital Infrastructure\nIn Banking Solutions, revenue rose 7.7% on a pro forma basis during the quarter year on year. Banking revenue increased 10.3%, while payments revenue rose 5.9%.\nRecurring revenue growth within Banking Solutions reached 5.2%, and non-recurring revenue climbed 58.1%, helped by new distribution agreements with technology partners.\nExecutives repeatedly returned to digital banking, money movement and cybersecurity as the primary spending priorities among banks. Ferris said institutions are spending aggressively on payment infrastructure, fraud controls and digital customer experiences as they prepare for more automated banking environments.\n\u201cDemand is really strong,\u201d Ferris told analysts. \u201cThey\u2019re spending money in digital because obviously we\u2019re all continuing to interact with them in a digital way. They\u2019re spending money on payments and they\u2019re really looking for how they\u2019re going to be able to compete in a digital currency way.\u201d\nThe company\u2019s recurring annual contract value sales rose 24% year over year. Banking recurring annual contract value (ACV) increased 13%, while capital markets ACV climbed 45%. Lending-related ACV rose 63%, digital ACV increased 25%, and Money Movement Hub ACV tripled from the prior-year period.\nFIS executives argued that tokenized deposits may give banks a more controlled path into digital assets than externally issued stablecoins. Ferris said banks want digital currency capabilities but remain focused on regulated infrastructure and practical use cases.\nCapital Markets Faces Lending Slowdown\nCapital markets revenue rose 2.9% during the quarter.\nStill, executives acknowledged pressure inside lending-related businesses tied to market volatility and weaker debt issuance activity. Ferris said syndicated lending activity slowed as borrowers pulled back amid macroeconomic uncertainty.\nChief Financial Officer James Kehoe characterized the lending softness as temporary but said the company adopted a more cautious posture for the remainder of the year. \u201cIt truly is just a temporary slowdown in the market,\u201d Kehoe said, while noting that lending-related recurring ACV sales still increased roughly 60% during the quarter.\nExecutives also discussed consolidation opportunities and cross-selling tied to the Total System Services acquisition. Ferris said banks are increasingly interested in combining issuer processing, debit, credit and core banking data to support more sophisticated customer targeting and credit decisioning.\nThe company reiterated its full-year guidance, including projected pro forma revenue growth of 5.1% to 5.7%. Shares slipped 4% in early trading on Friday.\nFor all PYMNTS AI coverage, subscribe to the daily AI Newsletter.\n\r\n\r\nThe post FIS Frames Tokenized Deposits as Banks\u2019 Answer to Stablecoins appeared first on PYMNTS.com.", "date_published": "2026-05-08T12:52:41-04:00", "date_modified": "2026-05-10T22:36:25-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/09/FIS-bank-modernization.png", "tags": [ "AI", "B2B", "B2B Payments", "banking", "Earnings", "FIS", "News", "PYMNTS News", "stablecoins", "What's Hot In B2B" ] } ] }