News

Artificial Intelligence
OpenAI Says Its Latest Reasoning Models Upgrade Agentic Capabilities
April 18, 2025

OpenAI unveiled its latest AI models this week that it says are poised to bring more capable AI agents to business. These new reasoning models can use all of ChatGPT’s tools and even incorporate images — a first for the company. Get the Full Story...

Cross-border Payments
This Is How Americans Send Billions of Dollars Abroad Every Year
April 18, 2025

Citizens and residents of the United States are the world’s largest remitters of funds to friends, families and employees abroad, with U.S. consumers, often migrants and foreign workers, sending $93 billion to recipients in foreign countries in 2023, the latest World Bank data shows. Increasingly,...

Banking
Earnings Roundup Finds Resilient Consumer Spend and Solid Credit
April 18, 2025

The four financial services companies that reported results Thursday (April 18) — KeyCorp, Truist, American Express and Fifth Third Bancorp — faced investors against a backdrop of fresh tariff headlines, stubborn inflation and a rate path that is anything but clear. Get the Full Story Complete...

Retail
Inside Amazon and Walmart’s Billion-Dollar Race to Win the Last Mile
April 18, 2025

In environments like today’s, reactive operations might as well be useless ones. By the time they take effect, it is often already too late. As the news this week from both Amazon and Walmart spotlight, against the backdrop of today’s dynamic landscape, innovation must become hardwired...

Fintech Investments
FinTech IPO Index Gains 3.3% as Pay Later Continues Its Upward March
April 18, 2025

The FinTech IPO Index continued to gain ground, coming off of double-digit gains last week, adding 3.3% through the past five days. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cross-border Payments
Singapore Businesses Embrace Digital Wallets, Consumers Still Catching Up
April 18, 2025

Cross-border payments may sound simple, but their reality is anything but. 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...

Retail
Retailers ‘Uncharacteristically Blunt’ in Telling Customers Tariffs Will Raise Prices
April 17, 2025

Some retailers are reportedly being “uncharacteristically blunt” in sharing with customers the impact new U.S. tariffs are having on the prices of their products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

SPAC
SPACs Riding $4 Billion Wave as IPO Market Struggles
April 17, 2025

With the IPO market struggling, special purpose acquisition companies (SPACs) are enjoying a comeback. 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...

B2B Payments
Tech Redefines Finance This Week in B2B
April 17, 2025

Navigating uncertainty demands an uncompromising approach. 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 this form, you agree to...