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’s growth story. Get the Full Story Complete...
Artificial intelligence accounts for a rapidly growing share of Alibaba Group’s 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). Get the Full Story Complete the form to unlock...
Japanese conglomerate SoftBank’s quarterly profits jumped nearly threefold thanks to its stake in OpenAI. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
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. Get the Full Story...
Figure Technology Solutions’ 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. Get the...
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. Get the...
Priority Technology Holdings saw 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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
As cryptocurrency goes mainstream, the sector’s blockchain-native firms and builders are staring down a paradox. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Customer acquisition at scale is no longer the name of the online sports betting game. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
