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Artificial Intelligence
OpenAI Hires Former UK Treasury Chief to Lead ‘OpenAI for Countries’ Initiative
December 16, 2025

OpenAI has hired former U.K. Treasury chief George Osborne to lead the artificial intelligence (AI) startup’s work with governments. 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...

Fintech Investments
Speed Raises $8 Million to Expand Bitcoin and Stablecoin Payment Solutions
December 16, 2025

Speed raised $8 million to accelerate the growth of its payments solutions built on the Bitcoin Lightning Network. 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
Thread Raises $30 Million to Boost Embedded Banking
December 16, 2025

Thread Bank has raised $30.5 million to promote its embedded banking strategy. 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...

Artificial Intelligence
No More Pilots, BBVA Deploys AI Across the Bank With OpenAI’s Partnership
December 16, 2025

BBVA said it has formed a strategic partnership with OpenAI to embed generative artificial intelligence (AI) directly into the bank’s core operations, moving beyond pilot programs and positioning AI as a default organizational layer across the company. Get the Full Story Complete the form to...

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...