Italian Authority Fines OpenAI $15.6 Million for Alleged GDPR Violations
Italian Authority Fines OpenAI $15.6 Million for Alleged GDPR Violations
December 20, 2024  |  Legal

OpenAI said Friday (Dec. 20) that it will appeal a fine imposed by an Italian authority that alleged that the company violated the European Union’s...

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FedEx Divests FedEx Freight and Shifts Gears to DRIVE Program
FedEx Divests FedEx Freight and Shifts Gears to DRIVE Program
December 20, 2024  |  Earnings

FedEx is taking steps to streamline its operations by prioritizing its DRIVE program and separating FedEx Freight into a standalone, publicly traded company. Get the...

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CFPB Sues Zelle and 3 Owner Banks, Alleging Insufficient Safeguards
CFPB Sues Zelle and 3 Owner Banks, Alleging Insufficient Safeguards
December 20, 2024  |  Legal

The Consumer Financial Protection Bureau sued Zelle operator Early Warning Services and three of its owner banks — Bank of America, J.P. Morgan Chase and...

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European Commission Approves Nvidia’s Proposed Acquisition of Run:ai
European Commission Approves Nvidia’s Proposed Acquisition of Run:ai
December 20, 2024  |  Acquisitions

The European Commission approved Nvidia’s proposed acquisition of Run:ai Thursday (Dec. 19), saying that it did so unconditionally and that the transaction would raise no...

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Ingo Payments’ Edwards: 2025 Will Change the Rules for Bank-FinTech Partnerships
Ingo Payments’ Edwards: 2025 Will Change the Rules for Bank-FinTech Partnerships
December 20, 2024  |  Partnerships

As the banking and payments sector stands on the cusp of 2025 on a new regulation-averse government worldview, one of the issues that bears watching...

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The Payments Problem Small Businesses Don’t Know They Have
The Payments Problem Small Businesses Don’t Know They Have
December 20, 2024  |  B2B Payments

The circle of trust and the issues around risk management explored in PYMNTS’ recent “What’s Next in Payments” articles are often heavy on future technology....

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New Data: eCommerce Merchants See Big Gains by Embracing Digital Wallets and BNPL
New Data: eCommerce Merchants See Big Gains by Embracing Digital Wallets and BNPL
December 20, 2024  |  eCommerce

Credit and debit cards still dominate the eCommerce arena, yet alternative payment methods such as digital wallets and buy now, pay later (BNPL) plans have...

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Tough Week for FinTech IPO Index as Rally Fades to 6.1% Loss
Tough Week for FinTech IPO Index as Rally Fades to 6.1% Loss
December 20, 2024  |  Fintech Investments

It was a tough week for the FinTech IPO index, with last week’s rally fading in the face of some year-end trades and news events....

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More Than Half of US Companies Use Real-Time Payments
More Than Half of US Companies Use Real-Time Payments
December 20, 2024  |  Real-Time Payments

Instant payments continue their global sweep, with expanding RTP® network capabilities from The Clearing House in the United States, Australia simplifying cross-border transfers and Hungary...

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