News

Artificial Intelligence
HSBC Says OpenAI Could Need $207 Billion of New Financing for Compute Costs
November 24, 2025

OpenAI could need $207 billion in new financing by 2030 to gain the compute capacity it is seeking, Seeking Alpha reported Monday (Nov. 24), citing analysts from HSBC Global Investment Research. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Kohl’s Picks Walmart Vet Michael Bender For CEO Job
November 24, 2025

Kohl’s interim CEO Michael Bender is now officially the retailer’s CEO. 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...

IPO
Upbit Considers IPO on Nasdaq Upon Completion of Merger With Naver
November 24, 2025

South Korean cryptocurrency exchange Upbit is reportedly considering launching an initial public offering on Nasdaq once it completes a merger with South Korean internet firm Naver. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Artificial Intelligence
Worldpay Debuts Model Context Protocol to Bolster Agentic Commerce
November 24, 2025

Worldpay has debuted a tool aimed to promote AI-powered payment integration and agentic commerce. 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
CFOs Ask Questions as ISO 20022 Goes Live
November 24, 2025

For decades, the mechanics of business payments barely changed. Wires, ACH batches and card networks moved money from point A to point B with only modest variations in speed and supporting information. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Model ML Raises $75 Million for Workflow Automation Platform
November 24, 2025

Model ML has raised $75 million for its financial-services-focused artificial intelligence (AI) workflow automation platform. 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...

Banking
Revolut’s Valuation Hits $75 Billion Following Share Sale
November 24, 2025

U.K. FinTech Revolut has seen its valuation jump by $30 billion in the last 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,...

Payments Innovation
Payroll Emerges as the Next Battleground in Embedded Finance
November 24, 2025

For years, embedded finance simmered in the background of digital transformation. 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...

Artificial Intelligence
Microsoft Sparks Security Fight Over AI Agents
November 24, 2025

The Prompt Economy was visited by some controversy this past week. Microsoft introduced new agentic AI features to Windows 11, which is usually a cause for sustained applause from the developer community. Not this time. The developer community has raised a series of red flags...