Today on PYMNTS

Mastercard
Mastercard CEO Sees No Sign of Consumer Spending Slowdown

Mastercard CEO Michael Miebach said the payments giant is not seeing consumer spending slow...

Credit Cards
Discover Lowers Provision for Credit Losses Amid ‘Positive Credit Trends’

Positive credit trends contributed to “solid first quarter financial performance” at Discover Financial Services,...

Transportation
Tesla Eyes June Launch for Robotaxis Amid Decline in Sales

Automotive manufacturer Tesla is reportedly rolling out trials of its ridesharing service, giving employees...

artificial intelligence
Report: OpenAI Expects New Products to Drive Revenue to $125...

OpenAI reportedly expects its revenue to reach $125 billion in 2029 and $174 billion...

Economy
Fed Survey Says Pervasive Uncertainty Hampers Companies’ Hiring and Growth...

Perhaps the best, or most positive, finding in the Federal Reserve’s latest qualitative survey...

Transportation
GM CEO on Tariffs and GM’s EV Future

General Motors is having “very productive” conversations with the Trump administration regarding the new...

ANTITRUST
Google’s Chrome Worth $50 Billion, DuckDuckGo CEO Tells Court

If Google were ordered to spin off Chrome, the browser could be sold for...

Regulation
EU Fines Apple and Meta for Digital Markets Act Violations

The European Commission fined Apple 500 million euros (about $566 million) and Meta 200...

Cryptocurrency
Cantor Fitzgerald, Tether, SoftBank Launch $3.6 Billion Bitcoin Investment Firm

Twenty One Capital, a new company formed by Cantor Fitzgerald, Tether Holdings SA, and...

Cryptocurrency
Stablecoins Push to Go Mainstream Amid Crypto Renaissance

This isn’t last week’s crypto landscape. And it’s far shake from last year’s, too....

SMBs
Atlanta Fed: Small Firms Less Likely to Pass Through Cost...

Businesses said in April that they expect their unit costs to increase by 2.8%...

Buy Now Pay Later
EBay Expands Klarna BNPL Services to US

American consumers can now buy now, pay later (BNPL) on eBay. A press release...

Artificial Intelligence
Google’s Gemini Reaches 350 Million Monthly Active Users but Lags...

Gemini, Google’s chatbot, grew to reach 350 million monthly active users in March but...

Streaming
Netflix Co-CEO Outlines Growth Strategy Beyond Streaming

Netflix Co-CEO Ted Sarandos on Wednesday (April 23) laid out the streaming giant’s vision...

Economy
S&P Global: Tariffs Drive Manufactured Goods Price Increases to 29-Month...

Prices charged for goods and services rose at the sharpest rate seen in 13...

Investments
Froda Raises $22 Million to Expand Embedded Financing for European...

It’s a rough time for FinTech startups to be asking investors nervous about tariffs...

Shipping
Freightos Enterprise Debuts as Global Freight Procurement Option for Large...

Trade uncertainty, canal closures and shipping rate volatility or not, shipments still need to...

Economy
IMF Says Tariffs Could Drive Up Global Public Debt

The International Monetary Fund (IMF) said Wednesday (April 23) that the world’s governments should not...

Digital-First Banking
Earnings Season Underscores Banking’s Shift to Mobile and Digital Channels

In the landmark PYMNTS Intelligence study “How the World Does Digital,” thousands of consumers across...

Cryptocurrency
PayPal to Launch Rewards Program for Holders of PYUSD Stablecoin

PayPal Holdings will launch a rewards program this summer that will allow users to...

Acquisitions
Fiserv to Acquire Brazilian Financing Engine Money Money

Fiserv plans to acquire Brazilian FinTech company Money Money Servicos Financeiros S.A. to expand...

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