News

Investments
Databricks Targets $134 Billion Valuation in New Funding Round
December 16, 2025

Data analytics/artificial intelligence (AI) firm Databricks is reportedly raising $4 billion in a new 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 our daily...

Banking
Non-Bank Financial Groups’ Assets Exceed Banks by $65 Trillion
December 16, 2025

A new regulatory report shows non-bank groups accruing more assets than their traditional banking counterparts. 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,...

Retail
TikTok Sees 84% Jump in Black Friday and Cyber Monday Livestream Shopping
December 16, 2025

Livestream shopping is popular in China, but it hasn’t caught on in the United States. 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
Rivian Unveils Custom AI Chip, Reduces Dependence on Nvidia
December 16, 2025

Rivian Automotive unveiled a custom artificial intelligence (AI) chip and a comprehensive autonomy platform designed and engineered in-house. 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...

Payments Innovation
Banks Abandon Lift and Shift for Cloud-Native Payments
December 16, 2025

Watch more: Live Roundtable: AWS and Form3’s Mark Smith and Mark Fieldhouse 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...

Payment Methods
Credit Is Being Rewritten and Banks Are Running Out of Time, Says Thredd CEO
December 16, 2025

Watch more: Need to Know: Thredd’s Jim McCarthy 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, you...

Artificial Intelligence
Nvidia Bets on Open Models to Power AI Agents
December 15, 2025

Nvidia announced on Monday (Dec. 15) the debut of the Nemotron 3 family of open models designed to power transparent, efficient and specialized agent-centric AI across industries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cross-border Payments
MassPay Integrates Visa Direct to Speed Cross-Border Payouts
December 15, 2025

MassPay has integrated Visa Direct with its global payout orchestration platform to enable faster payouts to cards, bank accounts and digital wallets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Banking
Digital Bank N26 Names CEO and Faces New Sanctions
December 15, 2025

German digital bank N26 has chosen a chief executive amid new regulatory sanctions. 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....