News

Investments
Auto Hauler Exchange Raises $5 Million for Vehicle Shipping Platform
February 04, 2025

Vehicle transportation marketplace Auto Hauler Exchange (AHX) has raised $5 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...

Faster Payments
FIS Earns Certification to Enable Send Capabilities in FedNow Service
February 04, 2025

FinTech company FIS said Tuesday (Feb. 4) that it is now certified to enable send capabilities for credit transfers in the FedNow® Service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
EU Readies New AI Restrictions Despite Trump Pushback
February 04, 2025

European regulators are reportedly preparing new guidance covering banned uses of artificial intelligence. 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....

B2B Payments
SMBs Need to Cut the Check Before Checks Cut Them
February 04, 2025

It’s 2025, and yet many of America’s businesses are still stuck in the past, stubbornly clinging to paper checks. The problem with doing payments the same way they’ve done since the 18th century? Fraudsters, always looking for an easy target, are increasingly using 21st century technology...

Security & Fraud
AI and Real-Time Monitoring Staff the New Front Line Against Disputes and Chargebacks
February 04, 2025

The digital shift that started during the pandemic sent consumers toward social media platforms for online shopping, which are considered card-not-present transactions. It continues today. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
OpenAI Files Trademark Application for Hardware, Robots and AI Chips
February 03, 2025

A trademark application filed Friday (Jan. 31) by OpenAI reportedly suggests new product lines the company could pursue. 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...

Investments
Jump Raises $20 Million for AI-Powered Financial Advice Tools
February 03, 2025

Jump, which provides artificial intelligence tools to financial advisors, raised $20 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,...

B2B Payments
JCPenney Debuts Bulk Ordering Tool for Businesses and Nonprofits
February 03, 2025

JCPenney has debuted a tool to help businesses and nonprofits purchase products at bulk order prices. 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,...

Digital Banking
Santander’s US Digital Bank Platform Marks $2 Billion in Deposits
February 03, 2025

Santander’s American digital banking platform has surpassed $2 billion in deposits four months after launch. 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...