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Artificial Intelligence
NY Times Inks AI Licensing Agreement With Amazon
May 29, 2025

The New York Times (NYT) Company has signed a multiyear, artificial intelligence-focused licensing agreement with Amazon. 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...

Cross-border Payments
TerraPay and Wave to Promote Cross-Border Remittances in West Africa
May 29, 2025

Money movement company TerraPay launched a partnership with Wave Mobile Money. 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...

Artificial Intelligence
DeepSeek Upgrades AI Reasoning Model to Rival OpenAI and Google
May 29, 2025

Chinese artificial intelligence startup DeepSeek upgraded its open-source reasoning model R1 to perform nearly at par with the best models from OpenAI and Google. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Grammarly Secures $1 Billion Financing Amid Evolution Into AI Productivity Platform
May 29, 2025

Grammarly announced $1 billion in financing from General Catalyst’s Customer Value Fund (CVF), saying it will use the financing for product innovation, scaling its sales and marketing, and making strategic acquisitions. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Payments Innovation
How Payments Firms Can Win Gen Z Without Chasing Every TikTok Trend
May 29, 2025

In an age where consumer expectations evolve at the speed of a TikTok trend, financial institutions and payment providers face an increasingly complex question: how do they build systems, strategies and experiences for a generation that hasn’t even fully formed its preferences yet? Get the...

Payments Innovation
Amid Rule 1033 Uncertainty, Banks Urged Not to Retreat on APIs
May 29, 2025

No matter what ultimately happens with the Consumer Financial Protection Bureau’s Rule 1033 (also known as the open banking rule), pay by bank is here to stay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Amazon and Walmart Hit the Wall as Shoppers Shift Spending
May 29, 2025

The intense rivalry between eCommerce titan Amazon and brick-and-mortar giant Walmart has long pitted the two companies against each other. Now, both retailers have a new challenge: Shoppers themselves. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

News
Mercado Pago to Apply for Banking License in Argentina Amid Regional Expansion
May 28, 2025

Mercado Pago, the FinTech unit of Mercado Libre, plans to apply for a banking license in Argentina to expand the service offering of its digital model in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

eCommerce
India Asks eCommerce Platforms to Remove ‘Dark Patterns’ That Deceive Customers
May 28, 2025

India’s government has reportedly sent more than 400 notices to eCommerce platforms and retailers, asking them to remove “dark patterns” that deceive customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...