PYMNTS.com

PYMNTS is a reputable news source that covers innovation in payments and the connected economy. The site provides in-depth analysis and insights on trends and developments in the industry. While there are some minor contradictions and instances of deceptiveness, the site presents a balanced perspective without any conflicts of interest. The articles are generally well-written and easy to understand.

95%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This news site is known for its high journalistic standards. It strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. It has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.

Bias

100%

Examples:

  • PYMNTS presents a balanced and unbiased perspective on the news.

Conflicts of Interest

100%

Examples:

  • No conflicts of interest were identified.

Contradictions

88%

Examples:

  • There are minor contradictions in some articles, but they are not widespread or significant.

Deceptions

85%

Examples:

  • Some articles contain misleading information or present data out of context.

Recent Articles

  • Mixed Signals in US Consumer Confidence: Optimism Amid Economic Uncertainty and Inflation Concerns in July 2024

    Mixed Signals in US Consumer Confidence: Optimism Amid Economic Uncertainty and Inflation Concerns in July 2024

    Broke On: Tuesday, 30 July 2024 US consumer confidence showed mixed signs of improvement in July 2024, with Americans expressing optimism and concerns about current economic conditions. Despite a slight increase in overall confidence, consumers were less positive about labor and business conditions due to inflation worries and economic uncertainty. Lower-income consumers, who spend a significant portion of their income on basic needs, are particularly vulnerable to price increases and contribute to overall economic uncertainty.
  • Eleven Major US Banks Identified with Inadequate Operational Risk Management by OCC: Cyber Attacks, Employee Errors, and Natural Disasters among Concerns

    Eleven Major US Banks Identified with Inadequate Operational Risk Management by OCC: Cyber Attacks, Employee Errors, and Natural Disasters among Concerns

    Broke On: Sunday, 21 July 2024 Eleven major US banks, as per the Office of the Comptroller of the Currency (OCC), have been identified with insufficient or weak management of operational risk. Operational risk includes cyber attacks, employee errors, legal troubles, natural disasters and technology issues. The OCC's downgrading of these banks' CAMELS rating can lead to increased deposit insurance premiums, audits and restrictions on activities.
  • Generative AI's Impact on Web Traffic and Decentralization: A New Challenge for Online Information Access

    Generative AI's Impact on Web Traffic and Decentralization: A New Challenge for Online Information Access

    Broke On: Wednesday, 03 July 2024 Generative AI's rise, led by China with over 38,000 patent applications, is transforming web access and consumption through models like ChatGPT. These AI intermediaries generate direct answers from aggregated data, potentially reducing website visits and Google searches. This shift towards centralization could impact commercial websites that rely on traffic for revenue and may lead to a vicious cycle of decreased investment in research and development or even closure.
  • Netflix Discontinues Basic Ad-Free Subscription Plan: Users Must Upgrade by July 13, 2023

    Netflix Discontinues Basic Ad-Free Subscription Plan: Users Must Upgrade by July 13, 2023

    Broke On: Tuesday, 02 July 2024 Netflix is discontinuing its Basic ad-free subscription plan for existing users, effective July 13, 2023. Users must upgrade to a new plan: $5.99 ad-supported, $15.49 ad-free, or $22.99 4K premium. Netflix began phasing out the Basic option last year in some regions and hiked prices for those still subscribed.
  • Urgent Call from Democratic Senators: Major Investors and Banking Partners of Synapse Urged to Restore Access to Frozen Deposits Following Bankruptcy Filing

    Urgent Call from Democratic Senators: Major Investors and Banking Partners of Synapse Urged to Restore Access to Frozen Deposits Following Bankruptcy Filing

    Broke On: Tuesday, 02 July 2024 A group of Democratic Senators is urging major investors and banking partners of Synapse to collectively pool resources to restore access to frozen deposits for over 100,000 customers following the fintech firm's bankruptcy. The senators criticize these entities for profiting from Synapse's services without ensuring consumer protection.
  • Apple's Shift to AI: Monetizing Subscriptions and Partnerships

    Apple's Shift to AI: Monetizing Subscriptions and Partnerships

    Broke On: Monday, 01 July 2024 Apple shifts focus to software and AI for growth, plans monetization through subscriptions or fees based on reports. Discussions with partners like Meta and OpenAI hint at paid features beyond free integrations.
  • FedEx Evaluating Potential Spin-off of Freight Unit Amidst Strong Earnings and Industry Shifts

    FedEx Evaluating Potential Spin-off of Freight Unit Amidst Strong Earnings and Industry Shifts

    Broke On: Tuesday, 25 June 2024 FedEx, a leading delivery and logistics company, is considering significant changes to its business structure, including the potential sale or spin-off of its profitable Freight unit worth $50 billion. The move comes after FedEx reported strong earnings for Q4 2023 and amidst ongoing cost-cutting measures aiming to save $4 billion by 2025. Competitors UPS and Old Dominion Freight Line have also made sector moves, with UPS selling its trucking business and freight brokerage business, while Old Dominion had a market cap of $38.7 billion as of Wednesday.
  • Apple and Meta in Talks: A Potential Game-Changer in AI Collaboration

    Apple and Meta in Talks: A Potential Game-Changer in AI Collaboration

    Broke On: Sunday, 23 June 2024 Apple and Meta are reportedly in talks to partner on AI, which could see Meta's advanced technology integrated into Apple's digital assistant Siri and other products. The potential collaboration comes as Apple seeks to enhance its AI capabilities and catch up with competitors. Sources suggest that Apple has also held talks with other AI companies, and a successful partnership could generate significant revenue.
  • Citigroup's Money-Moving Business: A Reliable Source of Profit and Global Reach with Risks

    Citigroup's Money-Moving Business: A Reliable Source of Profit and Global Reach with Risks

    Broke On: Monday, 17 June 2024 Citigroup, a global financial services company, highlights its money-moving services division as a key focus for profitability. Accounting for nearly half of Citigroup's profits in the last quarter, this division manages and moves cash globally for major clients like Amazon, Uber, and the US government. The business handles payments processing and capital flows while benefiting from higher interest rates. With an extensive network integrated with foreign-exchange teams, Citigroup showcases its competitive advantage during an investor day on June 18.
  • 21% of Consumers Struggled to Pay Bills in Summer 2023: PYMNTS Intelligence Report

    21% of Consumers Struggled to Pay Bills in Summer 2023: PYMNTS Intelligence Report

    Broke On: Friday, 07 June 2024 In the summer of 2023, over one in five consumers struggled to meet their financial obligations, with low-income individuals experiencing a significant increase. According to PYMNTS Intelligence, 34% of low-income consumers faced bill payment challenges compared to 31% the previous year. Even high-income consumers saw an uptick in struggles, with 13% reporting difficulties compared to 9% in 2022.