News

Artificial Intelligence
OpenAI and SoftBank Partner on Enterprise AI Solutions in Japan
February 03, 2025

OpenAI and the SoftBank Group agreed to establish a joint venture company that will market enterprise artificial intelligence solutions to major companies in Japan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

CFPB
Treasury Secretary Scott Bessent Takes Over as CFPB Acting Director
February 03, 2025

The Consumer Financial Protection Bureau announced Monday (Feb. 3) that President Donald Trump designated Treasury Secretary Scott Bessent as the CFPB’s acting director Friday (Jan. 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Regulation
Shein’s Marketplace Reportedly Facing EU Investigation
February 03, 2025

Shein is reportedly facing a probe in Europe over its compliance with consumer laws. 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....

CFPB
Does Trump 1.0 Give Clues to the CFPB’s Fate During Trump 2.0?
February 03, 2025

At the Consumer Financial Protection Bureau, a sizable shoe has dropped. 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...

Wearables
Meta Smart Glasses Spending Approaches ‘Eye-Watering’ $100 Billion
February 03, 2025

Meta’s investments in virtual and augmented reality projects could reportedly exceed $100 billion this year. 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...

Cross-border Payments
Faster Payments Open Global Markets to Smaller Companies
February 03, 2025

Just a few years ago, cross-border payments were inefficient at best and filled with friction at worst. 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...

eCommerce
eCommerce Merchants in the Land Down Under Turn to PSPs for Fraud Expertise
February 03, 2025

For merchants the world over, the bid to improve eCommerce checkout — boosting sales as a result — is a bit of a tightrope walk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

eCommerce
Proposed EU Customs Reform Increases Online Platforms’ Responsibilities for Imported Goods
February 02, 2025

A proposed customs reform in the European Union would reportedly shift the responsibility of being an importer from individuals who purchase goods online to the online platforms that sell them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

IPO
India Set to See $23 Billion in IPOs in 2025
February 02, 2025

India is reportedly set to see initial public offerings (IPOs) with a total value topping that of 2024, when the value of the country’s IPOs was the highest in Asia and was second only to the United States globally. Get the Full Story Complete the...