Breaking Industry News
Breaking News articles for May 2025
Zelle outage halts payments nationwide, raises reliability concerns
Tuesday, May 06, 2025
A major technical outage on Fri., May 2, 2025, brought Zelle, one of the United States' most popular peer-to-peer (P2P) payment platforms, to an abrupt halt, leaving millions of Americans unable to send or receive money through their bank accounts. The disruption, which started early in the morning, rippled across the financial system and affected customers at leading banks including Bank of America, Truist, Capital One and Navy Federal Credit Union.
PayPal showcases agentic AI tools, collaborations at Dev Days event
Friday, May 02, 2025
PayPal Holdings Inc. gathered developers, AI leaders, and partners from around the world for its Dev Days event, held April 29 through May 1, to spotlight its advancements in agentic commerce and demonstrate the company's latest AI-powered developer tools.
The good, the bad and the ugly of BNPL
Thursday, May 01, 2025
Americans really like to buy now and pay later. At least when they're using it. Among consumers surveyed by LendingTree, the online service that matches borrowers with lenders, 51 percent had used a BNPL provider at least once. But nearly as many (52 percent) said they regretted financing purchases that way.
