PYMNTS News

Mastercard and NatWest Launch Mobile Virtual Card Partnership
Mastercard and NatWest Launch Mobile Virtual Card Partnership
November 04, 2024  |  Partnerships

Mastercard and NatWest partnered to introduce a mobile virtual card payment tool for businesses in the United Kingdom. Approval2Buy is the first service in Europe...

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Mastercard and PayMate Team to Strengthen EEMEA B2B Payments
Mastercard and PayMate Team to Strengthen EEMEA B2B Payments
November 04, 2024  |  B2B Payments

Mastercard has launched a partnership with business-to-business (B2B) payments company PayMate. The collaboration, announced Monday (Nov. 4), is designed to bolster digital B2B payments for...

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Physical Intelligence Raises $400 Million to Develop Robot Software
Physical Intelligence Raises $400 Million to Develop Robot Software
November 04, 2024  |  Investments

Robotics startup Physical Intelligence has reportedly raised $400 million in early-stage funding. The funding round, which included participation from Amazon founder Jeff Bezos and OpenAI, values the...

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Homebuyers Getting Older as Younger Consumers Barred From Housing Market
Homebuyers Getting Older as Younger Consumers Barred From Housing Market
November 04, 2024  |  Real Estate

The typical American homebuyer is older than ever before, National Association of Realtors data shows.  The association’s 2024 Profile of Home Buyers and Sellers —...

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Uber Suggests NYC Driver Pay Cuts in Bid to Woo Riders
Uber Suggests NYC Driver Pay Cuts in Bid to Woo Riders
November 04, 2024  |  Ridesharing

Ride-hailing giant Uber Technologies is suggesting a pay cut for its drivers in New York City, citing lower gas prices, as it tries to lower...

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Rigged Bids Drive Spikes in B2B Procurement Fraud
Rigged Bids Drive Spikes in B2B Procurement Fraud
November 04, 2024  |  Fraud Prevention

Procurement fraud is a growing problem in B2B transactions, and it’s even hitting Uncle Sam. With the recent news that six IT contractors have been...

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Amazon Forms Grocery Delivery Pact With Mexico’s Jüsto
Amazon Forms Grocery Delivery Pact With Mexico’s Jüsto
November 04, 2024  |  Amazon

Amazon has reportedly launched a partnership with Mexican grocery delivery startup Jüsto. As Bloomberg News reported Monday (Nov. 4), that collaboration will see Amazon offer...

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Zaelab Acquires Trellis to Bolster B2B eCommerce Offerings
Zaelab Acquires Trellis to Bolster B2B eCommerce Offerings
November 04, 2024  |  Acquisitions

Digital commerce company Zaelab has acquired B2B-focused digital commerce and marketing solutions agency Trellis. The acquisition bolsters Zaelab’s service offerings in several areas, the company said in a news...

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FIS Sees ‘Expanding Pipeline’ for Core Banking Solutions
FIS Sees ‘Expanding Pipeline’ for Core Banking Solutions
November 04, 2024  |  Earnings

Fidelity National Information Services (FIS) reported results that showed momentum across what management has termed “the money lifecycle,” where funds might be “at rest, “in...

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