News

B2B Payments
BofA Adds Transaction Search Engine to CashPro
July 11, 2024

Bank of America has added a transaction search engine to its CashPro banking platform. 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...

Artificial Intelligence
AI Money: Tech Giants Ramp Up AI Investments
July 11, 2024

AMD is set to acquire Finland’s Silo AI for $665 million, underscoring its commitment to artificial intelligence (AI) innovation. Simultaneously, CyrusOne has secured $9.7 billion in new financing to expand AI infrastructure, while semiconductor manufacturing firm TSMC surpasses revenue expectations fueled by strong AI chip...

B2B Payments
Embedded Finance, Online Platforms Shape This Week’s B2B Innovations
July 11, 2024

There are many truisms about the B2B landscape, and they mostly center around better 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,...

Banking
Synapse-Connected Banks Reportedly Closer to Releasing Customer Funds
July 11, 2024

Banks connected to the collapse of Synapse are reportedly close to recovering customers’ frozen funds. 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
Fifth Third Debuts Tools to Ease Bank-Switching
July 11, 2024

Fifth Third Bank says it has introduced tools to make changing financial institutions easier. 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....

Cross-border Payments
Will Olympics Bring About an Online Betting Bump?
July 11, 2024

Sportsbooks and daily fantasy operators are reportedly awaiting a bump in Summer Olympics-related betting. 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
JPMorgan Chase Invests in Infrastructure, AI to Boost Market Share
July 11, 2024

J.P. Morgan Chase is reportedly enhancing its competitive capabilities to remain the biggest bank in the United States. 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...

Retail
Amazon Warned to Improve UK Grocery Supplier Relations
July 11, 2024

A British regulator wants Amazon to improve its relations with grocery suppliers. 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. By...

Investments
Forestay’s New $220M Fund Targets the ‘Inflection Point’ in AI Startups
July 11, 2024

High interest rates usually spell trouble for venture capital (VC) firms. But with a hot hand to play like AI and cybersecurity, and a shrewd evaluation strategy for potential investments, VC companies can still find plenty of opportunity. Get the Full Story Complete the form...