News

Payment Methods
Bank of England: CHAPS Payment System Service Restored After Outage
July 18, 2024

The Bank of England said Thursday (July 18) that a global payments issue that was affecting CHAPS, the United Kingdom’s high-value payment system, is now resolved. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Loyalty & Rewards
Domino’s Loyalty Refresh Doubles Members’ Pickup Orders Amid Consumer Hesitance
July 18, 2024

As consumers cut back their overall spending, Domino’s has been able to get its loyalty members to buy more by offering more effective rewards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Coast Raises $40 Million to Expand Solutions for Fleet Payments
July 18, 2024

Coast has raised $40 million in new Series B financing to accelerate adoption of its solutions for fleet 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...

Artificial Intelligence
OpenAI Debuts Cheaper AI Model GPT-4o Mini
July 18, 2024

OpenAI has introduced a smaller, more affordable iteration of its artificial intelligence (AI) model ChatGPT. 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 Money: AI Surge Spurs Tech Giants’ Expansion, Fuels Investment Frenzy
July 18, 2024

The artificial intelligence boom is reshaping the tech landscape, with industry leaders like TSMC, Microsoft, and Anthropic racing to meet soaring demand and capitalize on new opportunities. As TSMC doubles down on chip production for AI, Microsoft courts private equity with AI tools, and Anthropic...

Payment Methods
Cash App Exiting UK to Increase Focus on US
July 18, 2024

Cash App says it will exit the British market as it focuses on the U.S. 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’s Growing Role in Finance Brings Opportunity and Risk, House Panel Finds
July 18, 2024

Artificial intelligence (AI) is set to revolutionize finance and housing, bringing both game-changing benefits and thorny new risks that demand vigilant oversight, a bipartisan House panel has concluded. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
This Week in B2B: Embedded Payments, Digital Tooling, Small-Business Success
July 18, 2024

Innovation and competition are constantly reshaping the B2B landscape. 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 completing this form,...

Investments
Google Reportedly Eyes $250 Million Fundraise for India’s Glance
July 18, 2024

India-based mobile content startup Glance is reportedly looking to raise up to $250 million. 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...