News

Fintech Investments
Report: Finastra’s Treasury and Capital Markets Unit May Be Sold
September 18, 2024

Finastra’s Treasury and Capital Markets (TCM) unit reportedly may be offered for sale. 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....

Artificial Intelligence
T-Mobile and OpenAI Partner on AI-Powered Customer Service Platform
September 18, 2024

Wireless provider T-Mobile has partnered with OpenAI to create an artificial intelligence (AI)-powered customer service platform that will be used by T-Mobile and will create a blueprint that can be used by companies in other industries. Get the Full Story Complete the form to unlock...

B2B Payments
4 Things B2B CPOs Should Know About Shrinking Paper Payments
September 18, 2024

The business-to-business (B2B) landscape is undergoing an explosion of innovation — especially around payments. 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...

Banking
Deutsche Bank to Close About 50 Branches, Expand Video Capacity
September 18, 2024

Deutsche Bank will close a “mid-double-digit number” of smaller branches in Germany while adding new formats and technologies. 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...

Artificial Intelligence
AI’s $100 Billion Data Center Push May Rewire Global Commerce
September 18, 2024

A newly formed coalition of tech and finance titans is betting $100 billion that artificial intelligence (AI) could alter global trade infrastructure, launching an ambitious plan to build a network of AI-ready data centers that could reshape how businesses operate worldwide. Get the Full Story...

Banking
Three Banks to Lower Prime Lending Rate to 8% After Fed’s Rate Cut
September 18, 2024

Three banks will lower their prime lending rate after the Federal Reserve decided to reduce the federal funds rate. 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...

Banking
German Central Bank: Mergers Must Yield ‘Robust’ Competition
September 18, 2024

The chief of Germany’s central bank wants bank mergers to produce robust, competitive institutions. 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...

Cross-border Payments
JPMorgan Joins BIS Cross-Border Payments Project Using Digital Currencies
September 18, 2024

Some of the world’s biggest banks and payments firms are teaming to rethink cross-border payments. 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
AI Regulation: Experts Ask for US Oversight as Diligent Debuts EU Compliance Tools
September 18, 2024

As artificial intelligence (AI) experts urge for greater transparency and oversight in a Senate testimony, California is enacting laws protecting actors from unauthorized AI cloning, highlighting the growing push for responsible AI governance. Meanwhile, tech companies like Diligent are stepping up to offer compliance tools...