News

Banking
Monzo CEO and Board Reportedly at Odds on IPO Location
January 21, 2025

While Monzo wants to go public, its leadership reportedly can’t agree on where to list. 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,...

Artificial Intelligence
No Silver Bullet: Governance Under Spotlight as AI Shapes Payments Innovation
January 21, 2025

In an era of rapid technological evolution, few industries are as poised for transformation as banking and payments. It is a transformation that’s already underway, with technologies like generative artificial intelligence (GenAI). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Artificial Intelligence
How to Make the Payments Experience Disappear
January 21, 2025

Money rarely sits still, and in the world of payments technology, artificial intelligence (AI) is emerging as a driver of innovation.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cross-border Payments
Cairo Amman Bank Taps Mastercard Move to Facilitate Cross-Border Payments
January 20, 2025

Cairo Amman Bank will leverage Mastercard Move’s money movement capabilities to facilitate the movement of funds from Jordan to 37 countries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
AI Explained: What Is a Large Language Model and Why Should Businesses Care?
January 20, 2025

Artificial intelligence (AI) has revolutionized how businesses operate, making tasks more efficient, processes smarter, and interactions more seamless. At the heart of many of these advancements is a type of AI called a large language model (LLM). If you’ve used AI tools like OpenAI’s ChatGPT...

Retail
Teamsters: 18,000 Costco Workers Set to Strike Jan. 31
January 20, 2025

Costco could face a strike when an agreement covering 18,000 of its workers expires on Jan. 31. 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...

Artificial Intelligence
Rakuten Says Mobile Provides ‘Extremely Powerful’ Data to Train AI
January 20, 2025

Rakuten Group expects the data gathered by its mobile business to help train artificial intelligence (AI) will deliver benefits across the conglomerate’s operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
Sereact Raises $26 Million for AI Warehouse Robotics Efforts
January 20, 2025

German tech company Sereact has raised $26 million for its AI-powered robotics efforts. 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....

Banking
UK Consumer Group Launches Business Bank Account Product Ratings
January 20, 2025

British independent consumer group and rating provider Fairer Finance has added new business bank account product rankings designed to help small businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...