News

Payments Innovation
Will Fiserv and Stripe Pave Path for More Special Bank Charters?
April 08, 2025

Stripe’s the latest acquirer seeking a special banking charter. Fiserv made the move before Stripe, 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...

Artificial Intelligence
Need for On-Chain Trust Grows as AI Agents Flood Crypto
April 08, 2025

Agentic artificial intelligence (AI) software systems are fast becoming the new power users of the internet. 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
Recession and Tariff Fears Could Overshadow Big Bank Earnings
April 08, 2025

This week, America’s biggest banks are set to report their quarterly earnings. 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...

Retail
Best Buy Launches Creator Program With Influencer Storefronts
April 08, 2025

Best Buy has debuted a platform that lets creators and influencers collaborate with the retailer. 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
Bank of America to Spend $4 Billion on AI and New Tech Initiatives in 2025 
April 08, 2025

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...

Investments
Octane Secures $6.75 Million for AI-Powered Cybersecurity Solution for Blockchain
April 08, 2025

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...

eCommerce
China Opposes Shein’s Plans to Shift Production Overseas Amid US Tariffs
April 08, 2025

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....

Investments
Anecdotes Raises $30 Million to Automate Risk and Compliance Tools
April 08, 2025

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...

Digital Banking
Galileo Introduces Deposit Sweep Product for FinTechs
April 08, 2025

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...