The British Treasury plans to give the Bank of England a new “secondary objective” to support innovation in payments technology and digital currencies, including stablecoins, Reuters reported Wednesday (Aug. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Artificial intelligence has moved past the hype stage, according to Nvidia CEO Jensen Huang, who said on the company’s second-quarter earnings call that “AI has reached its inflection point. It’s doing useful work. Its tokens are productive and profitable. Now, compute is revenue.” Get the...
Instinct, the developer of an artificial intelligence (AI)-powered assistant that seems to be gaining traction among early adopters, is raising a $250 million Series B at a $2.5 billion valuation, the Wall Street Journal reported Wednesday (Aug. 26), citing its interview with Instinct Founder Noah...
Anthropic has agreed to pay $45 billion to rent cloud computing power from neocloud company Nscale’s West Virginia data center, which is set to start operating in late 2027, Bloomberg reported Wednesday (Aug. 26), citing unnamed sources. Get the Full Story Complete the form to...
A primary financial relationship loses some of its value when the provider can see only a fraction of the customer’s money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Most personal finance apps have worked the same way for years: a dashboard showing what a consumer spent. The actual decision, whether to cancel a subscription or call to negotiate a bill, is left up to the person. Get the Full Story Complete the form...
Ticketing platform SeatGeek has added a conversational AI search feature to its marketplace. 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...
Investment management company Vanguard plans to acquire wealth technology and custody platform Altruist, the companies said in a Wednesday (Aug. 26) press release. 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...
American Express and Bread Financial have launched an NFL-related cards rewards program. 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...