News

Banking
Industrial Loan Charters Surge as Nonbanks Move Into Financial Services
June 25, 2025

On June 20, Nissan North America’s financial services arm, Nissan Motor Acceptance Corp. said it submitted an application with state and federal regulators to form Nissan Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Artificial Intelligence
B2B Payments Get Their AI Moment
June 25, 2025

Watch more: Secret AI Agents Could Redefine Nearly Every B2B Payments Touchpoint 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
Velera Builds Governance Framework to Shield Credit Unions From AI Risk
June 25, 2025

Watch more: Velera Builds Governance Framework, Shields Credit Unions From AI Risk 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
How Club Med’s 2.1 Billion Data Points Fuels Its AI-Powered Playbook
June 24, 2025

Three years ago, Club Med decided to get organized. The vacation destination business set about building a global data factory with information gleaned from 1.5 million customers, 25,000 employees and artificial intelligence (AI) to develop insights. Get the Full Story Complete the form to unlock...

Retail
Target Testing Factory-Direct Shipping of Low-Cost Products
June 24, 2025

Target is reportedly testing a service that would ship products directly from factories to customers’ homes. 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
Google DeepMind Introduces AI Model That Runs Locally on Robots
June 24, 2025

Google DeepMind introduced a vision language action (VLA) model that runs locally on robotic devices, without accessing a data 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....

Artificial Intelligence
Court Rules Anthropic Doesn’t Need Permission to Train AI With Books
June 24, 2025

A federal judge has ruled Anthropic can train its artificial intelligence (AI) using books without permission. 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...

Artificial Intelligence
AI Models Are Maturing with Customization as the Next Focus
June 24, 2025

The AI model landscape is maturing, with AI companies rolling out more advanced iterations of existing models while also unveiling custom versions tailored to distinct use cases and specialized needs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Banking
Mastercard to Open Account-to-Account Instant Payments Sandbox to UK Banks
June 24, 2025

Mastercard will begin allowing U.K. banks and financial institutions to access its fifth-generation account-to-account (A2A) instant payments via a sandbox later this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...