Today on PYMNTS
Italy’s Cheese Bank Finds Climate Risk Has a Rind
On Wall Street, “cheese” is slang for money. In Italy, they decided the metaphor…
Mastercard Offers Brazilian Acquirers 50% Payout and Services in Will…
Mastercard is proposing to pay half the amount demanded by Brazilian merchant acquirers that…
PayPal Discussing Sale to Stripe After Rejecting First Offer
PayPal Holdings is in talks with a group that includes Stripe and Advent International,…
Speed Becomes the Product as OpenAI and Google Sell Faster…
OpenAI and Google both released faster artificial intelligence models this week. Both put speed…
Banks Find the Big Money in FinCEN’s $4.9 Billion Smuggling…
Financial institutions have spent years trying to see more suspicious activity. New data from…
Goldman Sachs Mobilizes Investors for Nvidia’s $500 Billion AI Infrastructure…
Goldman Sachs is talking with potential investors about participating in Nvidia’s $500 billion artificial…
Enterprise AI’s Hottest Job Just Found Its Biggest Skeptic
The fastest-growing job in enterprise AI is the forward-deployed engineer, the specialist companies hire…
Apple Teams Up With Alibaba to Bring Apple Intelligence to…
Apple worked with Alibaba Group to develop and train an Apple artificial intelligence model…
Stablecoin Competition Moves From Issuing Tokens to Owning Distribution
The stablecoin industry’s most important developments this week did not involve tokens, valuations or…
Allstate Prepares for Quantum Computing Arrival
Insurance company Allstate is investing in quantum computing now so that the company is…
JPMorgan Cut Polymarket Banking Ties Over Regulatory Concerns
Regulatory concerns drove JPMorgan Chase to end its banking relationship with prediction market Polymarket…
AI Turns Sports’ Dead Air Into a Selling Season
Sports commerce has always clustered around the calendar, spiking for a tournament, a championship…
SEC Cancels Planned Meeting on Registration Exemptions for Crypto Tokens
The Securities and Exchange Commission has abruptly canceled an open meeting scheduled for Friday…
Insurance Regulators Get Schooled on AI Governance
Insurance regulators are moving artificial intelligence governance from the policy manual into the examination…
Frontier AI Threats Drive Companies to Boost Security Budgets
After learning about the cyber capabilities of frontier artificial intelligence models, a higher percentage…
The Cloud Risk CFOs Aren’t Measuring: What Happens When a…
There’s a new nightmare scenario in enterprise cloud computing, and it’s not an AI-driven…
Retail Spending Pause Shows Consumers Picking Their Spots
July’s retail sales decline landed in the middle of a much more deliberate reset…
Western Union’s Intermex Deal Wins New York Approval but Stalls…
Western Union’s pending acquisition of International Money Express (Intermex) has received regulatory approval from…
