News

Investments
Security Startup Pillar Raises $9 Million to Tackle AI-Specific Risks
April 18, 2025

Artificial intelligence (AI) security startup Pillar Security has raised $9 million in seed funding to expand its research and development (R&D) and go-to-market efforts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
From Trading to Saving, Financial Platforms Eye Banking and Neobanks Branch Out
April 18, 2025

The movement by neobanks to branch into investing and credit card rewards, and investment platforms to branch out into banking, speaks volumes to the appeal of apps as digital front door to a continuum of financial activities. Get the Full Story Complete the form to...

B2B Payments
From PDFs to APIs: Enterprise Modernization Ditches Clunky Human Hand-Offs
April 18, 2025

There’s a systemic shift happening across the enterprise. Workflows that were once manual, slow and costly are now automated, intelligent and occurring in real-time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
This Week in AI: Tariffs Hit AI, Tech Giants’ Antitrust Woes and a More Adept...
April 18, 2025

It’s a big week for artificial intelligence news. AI hardware is being dinged by tariff troubles while two juggernauts in the AI field — Meta and Google — are in the crosshairs of the U.S. government. Meanwhile, OpenAI unveiled a more capable and smarter ChatGPT...

CFPB
Judge Puts Temporary Hold on CFPB Plan to Lay Off Most Employees
April 18, 2025

A federal judge reportedly blocked the Trump Administration’s plan to lay off 90% of the staff of the Consumer Financial Protection Bureau (CFPB) Friday (April 18) while she determines whether this plan violates her previous order. Get the Full Story Complete the form to unlock...

Fintech Investments
This Week in FinTech: From Latin America to Africa, Funding Focuses on B2B and Platforms
April 18, 2025

The FinTech landscape is being altered by the news this week of the Global Payments and FIS dealmaking. Tens of billions of dollars are attached to the transactions, focused on merchant services and embedded finance. Get the Full Story Complete the form to unlock this...

Artificial Intelligence
Johnson & Johnson: 15% of AI Use Cases Deliver 80% of Value
April 18, 2025

Johnson & Johnson reportedly found that 10% to 15% of artificial intelligence use cases deliver 80% of the value. 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...

Cross-border Payments
This Is How Americans Send Billions of Dollars Abroad Every Year
April 18, 2025

Citizens and residents of the United States are the world’s largest remitters of funds to friends, families and employees abroad, with U.S. consumers, often migrants and foreign workers, sending $93 billion to recipients in foreign countries in 2023, the latest World Bank data shows. Increasingly,...

Banking
Earnings Roundup Finds Resilient Consumer Spend and Solid Credit
April 18, 2025

The four financial services companies that reported results Thursday (April 18) — KeyCorp, Truist, American Express and Fifth Third Bancorp — faced investors against a backdrop of fresh tariff headlines, stubborn inflation and a rate path that is anything but clear. Get the Full Story Complete...