Capital One will reportedly pay $425 million to settle a lawsuit accusing it of cheating savings account depositors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
He’s got a wallet thicker than a FinTech unicorn’s pitch deck, a portfolio more diversified than a payments processor’s API, and a love for all things money that borders on the obsessive. So, what on Earth do you get the dad who’s already cornered the...
Anthropic received a $2.5 billion, five-year revolving credit facility earlier this week to pay for upfront costs as demand for artificial intelligence ratchets up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Walmart is gearing up for a shift in consumer behavior as artificial intelligence begins to take a more active role in how people shop. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
May is only half over and has already proven to be a month full of FinTech activity, ranging from high-profile initial public offerings (IPOs) to acquisitions, underscoring the momentum behind platforms changing financial services and money movement. Get the Full Story Complete the form to...
Luxury group Richemont will reportedly continue to limit its price increases, even in the face of new U.S. tariffs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
This week in artificial intelligence, chief product officers said AI needs human oversight, even for routine, automated tasks like fraud detection. Meanwhile, AI was partly responsible for a 40% reduction in staff at Klarna, Perplexity added PayPal in checkout, and more. Get the Full Story...
Moving into mid-May, the FinTech IPO Index’s 4.4% increase was powered by a string of earnings reports, with digital payments growth seen across Latin America and swelling transaction volumes for buy now, pay later providers and B2B platforms. Get the Full Story Complete the form...
Meta reportedly delayed the rollout of its flagship artificial intelligence model called Behemoth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
