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View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

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Report: US Looks to Forge AI Partnerships With UAE
Report: US Looks to Forge AI Partnerships With UAE
April 21, 2024  |  artificial intelligence

The White House reportedly wants U.S. artificial intelligence (AI) companies to form partnerships in the United Arab Emirates (UAE). By launching operations in the UAE,...

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Bankman-Fried Agrees to Help FTX Investors Sue Celebrity Crypto Promoters
Bankman-Fried Agrees to Help FTX Investors Sue Celebrity Crypto Promoters
April 21, 2024  |  Cryptocurrency

A group of FTX investors has agreed to drop legal claims against Sam Bankman-Fried. In exchange, the disgraced former crypto exchange CEO will cooperate in the investors’...

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Air Travelers Help Fuel $2 Trillion Global Money Laundering System
Air Travelers Help Fuel $2 Trillion Global Money Laundering System
April 21, 2024  |  Security & Fraud

Each year, money launders funnel $2 trillion in ill-gotten gains into the financial system. And a lot of that money travels by air, in cash,...

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TabaPay to Acquire Assets of Bankrupt FinTech Synapse
TabaPay to Acquire Assets of Bankrupt FinTech Synapse
April 21, 2024  |  Acquisitions

Instant money movement platform TabaPay is acquiring Synapse’s assets following the latter company’s bankruptcy. The deal, announced Friday (April 19), will allow TabaPay to offer new financial services for FinTechs and...

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From Heineken’s Dumb Phone to T-Pain, ’00s Make a Comeback
From Heineken’s Dumb Phone to T-Pain, ’00s Make a Comeback
April 20, 2024  |  Retail

From the rise of social networking to a more fractured media landscape to the integration of artificial intelligence (AI) into daily life, the world looks...

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Senators Press Banks for Better Defenses Against Wire Fraud
Senators Press Banks for Better Defenses Against Wire Fraud
April 19, 2024  |  Security & Fraud

The looming specter of wire fraud has spurred lawmakers to press big banks for better defenses against bad actors — and a detailing of the impact the...

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CFOs’ Top 4 Concerns Reveal Importance of Controlling What’s Controllable
CFOs’ Top 4 Concerns Reveal Importance of Controlling What’s Controllable
April 19, 2024  |  CFO

The concerns keeping CFOs awake at night help define their business strategies in the morning. And with the news this week that B2B credit card...

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Convenience Drives Non-Cash Users to Pay With Card
Convenience Drives Non-Cash Users to Pay With Card
April 19, 2024  |  Payment Methods

For consumers no longer carrying wallets full of cash, ease and convenience are top of mind, PYMNTS Intelligence reveals. By the Numbers The June 2023...

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Billion-Dollar Buddies? Forecasting A Boom in the AI Companion Industry
Billion-Dollar Buddies? Forecasting A Boom in the AI Companion Industry
April 19, 2024  |  artificial intelligence

The industry of companion apps and robots powered by artificial intelligence (AI) is rapidly expanding. Greg Isenberg, formerly of WeWork’s startup hub, recently speculated on...

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