News

Payments Innovation
Services and APIs Turning Interchange Pressure Into Merchant Growth
June 13, 2025

Payment processing may be the plumbing of modern commerce, but for banks and FinTechs chasing transaction volume, it is also the battlefield where customer loyalty is won — or lost. In an era when merchants expect instant onboarding, bulletproof security and actionable data, the bar...

Fintech Investments
Circle Rallies and Chime Joins the Nasdaq as FinTech IPO Surges 3.7%
June 13, 2025

Recent debuts on the public markets have added to the FinTech IPO Index’s roster. 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...

POS Innovation
Airports and Stadiums Say Mobile-First Checkout Is Big Fan Favorite
June 13, 2025

The roar of the crowd. The hum of a busy airport terminal. The gentle sway of a cruise ship. These environments, as varied as they are, now share a common thread: a new wave of smart point-of-sale (POS) technologies transforming how consumers pay, engage and...

Banking
Payment Hubs Offer Banks a Path to Avert $98.5 Million in Annual Losses
June 13, 2025

In a digitized financial landscape, traditional banks are facing an imperative to transform their payment infrastructures, driven by customer expectations and competition from digital-first challengers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

IPO
Chime’s Nasdaq Debut Reignites FinTech IPO Momentum With 37% Stock Surge
June 12, 2025

Chime’s debut on the Nasdaq stock exchange Thursday was resoundingly positive, as the shares closed more than 37% higher. 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...

CFPB
Report: Fed’s Inspector General to Review Legality of CFPB Cuts
June 12, 2025

The Federal Reserve’s inspector general is reportedly reviewing the Trump administration’s efforts to dismantle the Consumer Financial Protection Bureau (CFPB). 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...

Payments Innovation
Peymo Launches AI-Powered Digital Finance Platform
June 12, 2025

Peymo, a FinTech based in the United Kingdom, launched an artificial intelligence-powered digital finance platform that integrates fiat banking, cryptocurrency wallets, tokenized assets and embedded finance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Fintech Investments
Citi and Carlyle Group Partner on ‘Side-by-Side’ FinTech Fund
June 12, 2025

Citigroup and Carlyle Group have reportedly joined forces to fund FinTech companies. 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...

Investments
Conveyor Raises $20 Million for AI Agents to Automate Security Reviews, RFPs
June 12, 2025

Conveyor raised $20 million in a Series B funding round to expand the availability of its artificial intelligence agents that are designed to accelerate the B2B sales process by automating security reviews and requests for proposals (RFPs). Get the Full Story Complete the form to...