PYMNTS News

Software, Not Spreadsheets, Solves Healthcare’s Cash Flow Bottlenecks
Software, Not Spreadsheets, Solves Healthcare’s Cash Flow Bottlenecks
October 24, 2024  |  Healthcare

For smaller healthcare providers, manual processes dominate the back office — and when it comes to reconciling remittances with deposits, pain points emerge that rival...

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Western Union’s Digital Business Sees 15% Growth in Transactions
Western Union’s Digital Business Sees 15% Growth in Transactions
October 23, 2024  |  Earnings

Western Union’s Branded Digital business saw 15% growth in transactions and 9% growth in revenue on a reported basis in the third quarter. This marked...

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LendingClub Loan Originations Surge 27% as Consumers Look to Consolidate Debt
LendingClub Loan Originations Surge 27% as Consumers Look to Consolidate Debt
October 23, 2024  |  Earnings

LendingClub’s latest quarterly results show an acceleration of loan originations, and banks have moved back to the company’s platform as consumers look for ways to...

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Evolve to Begin Returning Funds to Synapse Brokerage End Users in November
Evolve to Begin Returning Funds to Synapse Brokerage End Users in November
October 23, 2024  |  Digital Banking

Evolve Bank & Trust said Wednesday (Oct. 23) that it expects to begin returning funds it holds to Synapse Brokerage end users impacted by the...

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Report: Apple Cuts Vision Pro Production Amid Declining Sales
Report: Apple Cuts Vision Pro Production Amid Declining Sales
October 23, 2024  |  Apple

The days of Apple’s Vision Pro mixed reality headset could either be numbered or counting down to a version 2.0. Citing unnamed sources involved with...

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Perplexity Aims to Form Revenue-Sharing Partnerships With News Publishers
Perplexity Aims to Form Revenue-Sharing Partnerships With News Publishers
October 23, 2024  |  artificial intelligence

Perplexity CEO Aravind Srinivas reportedly said Wednesday (Oct. 23) that he was surprised by a lawsuit filed Monday (Oct. 21) by two News Corp-owned publishers...

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BaaS Faces Regulatory Reckoning: OCC and FDIC Actions Underscore Growing Scrutiny
BaaS Faces Regulatory Reckoning: OCC and FDIC Actions Underscore Growing Scrutiny
October 23, 2024  |  Digital Banking

Banking-as-a-service (BaaS), as a business model, promises to reshape financial services. And a drumbeat of regulatory actions and continued scrutiny from a veritable alphabet soup...

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New York AG Investigating Proposed Capital One-Discover Deal
New York AG Investigating Proposed Capital One-Discover Deal
October 23, 2024  |  Acquisitions

New York Attorney General Letitia James is reportedly investigating Capital One’s proposed acquisition of Discover Financial Services. James asked a court for permission to issue...

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Anthropic’s Computer-Controlling Agents Open Door to Real World Uses, Experts Say
Anthropic’s Computer-Controlling Agents Open Door to Real World Uses, Experts Say
October 23, 2024  |  artificial intelligence

Anthropic has unleashed AI agents that can surf the web and control computers, intensifying the race to commercialize AI assistants that can actually get things...

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