News

Artificial Intelligence
90% of CFOs Report ‘Very Positive’ ROI From GenAI in Just 9 Months
March 06, 2025

Generative artificial intelligence (GenAI) is changing the business landscape, especially in the financial sector. CFOs of U.S. companies with more than $1 billion in revenue are adopting GenAI to improve efficiency, decision-making and operations. Get the Full Story Complete the form to unlock this article and...

Cross-border Payments
UK Consumers Lag as Small Businesses Embrace Digital Wallets for Cross-Border Payments
March 06, 2025

While digital wallets are gaining traction globally, a surprising divide has emerged in the United Kingdom. Businesses rapidly adopt digital wallets for international transactions, but consumers lag. This raises a critical question: Why aren’t more consumers embracing these wallets if they offer such efficiency? The...

CFPB
CFPB’s Payment App and Overdraft Rules Face Challenges in Congress
March 05, 2025

Two rules announced by the Consumer Financial Protection Bureau (CFPB) during the Biden administration suffered setbacks in Congress on Wednesday (March 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Flex Raises $225 Million for Finance Platform for Business Owners
March 05, 2025

Flex raised $225 million in debt and equity funding to continue building its platform that manages business owners’ transactions, both business and personal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
Fast-Food Chains Order Up AI Despite Early Missteps
March 05, 2025

The fast food industry is stepping up its adoption of artificial intelligence (AI) and automation, with market stalwarts including McDonald’s, Yum! Brands and Wendy’s expanding their deployment of the technology to streamline operations, improve profitability and enhance the customer experience. Get the Full Story Complete the...

Ridesharing
Uber and Waymo Launch Autonomous Vehicle Rides in Austin
March 05, 2025

Uber said Wednesday (March 5) that it is now offering rides in autonomous vehicles in Austin, Texas, and will later do the same in Atlanta. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
Reports: Congress to Vote on DOGE’s Suggested Spending Cuts
March 05, 2025

Congress will reportedly get more say in the federal spending cuts and layoffs being made by the Elon Musk-led Department of Government Efficiency (DOGE). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
Google Unveils Expanded AI Overviews and Experimental AI Mode
March 05, 2025

Google said Wednesday (March 5) that it launched two updates for its artificial intelligence features: expanded AI Overviews and a limited, experimental offering called AI Mode. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Artificial Intelligence
AI Regulations: Virginia’s AI Act Targets ‘High Risk’ AI Systems
March 05, 2025

Virginia could be the second U.S. state to enact artificial intelligence (AI) regulations targeting high risk AI systems, after Colorado, according to the National Law Review. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...