Bank of America is allocating $4 billion — or nearly a third of its overall technology budget for this year — toward new initiatives including AI, according to a Tuesday (April 8) news release. Get the Full Story Complete the form to unlock this article...
AI cybersecurity startup Octane has emerged from stealth and announced it secured $6.75 million in a seed funding round. 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...
China has reportedly opposed Shein’s plans to move some production outside the country. 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....
Governance, risk and compliance (GRC) provider Anecdotes has raised $30 million in new funding. 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...
Galileo Financial Technologies has introduced a product that automates deposit sweeps for FinTechs, enabling them to offer more competitive returns and peace of mind to customers whose balances exceed the FDIC insurance limit. Get the Full Story Complete the form to unlock this article and...
Inventory keeps retailers in business. Inventory keeps consumers loyal to their preferred to merchants. Inventory makes impulse buying possible and keeps sales flowing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
MercadoLibre reportedly plans to increase its investment in Brazil by 48%, from 23 billion reais (about $3.7 billion) in 2024 to 34 billion reais (about $5.8 billion) in 2025. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Regional banks that were looking to grow after dealing with the banking crisis that began in the spring of 2023 are reportedly now being challenged by the economic uncertainty driven by the new U.S. tariffs. Get the Full Story Complete the form to unlock this...
The Federal Trade Commission (FTC) says impersonation scams cost Americans almost $3 billion last year. 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,...