News

Banking
Santander’s US Digital Banking Platform Gains 100,000 Customers in 6 Months
May 21, 2025

Santander Bank N.A. said Wednesday (May 21) that its digital banking platform gained more than 100,000 customers in the U.S. during its first six months of operations in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Artificial Intelligence
Earnings Season Finds AI Edge in Lending
May 21, 2025

Anywhere you looked, from mid-April to this week, as earnings season stretched out over the weeks, it was impossible not to hear and read about the impact of artificial intelligence (AI). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Report: LVMH Tells Analysts Demand Remains Weak in Luxury Sector
May 21, 2025

Luxury conglomerate LVMH reportedly told investors and analysts that demand remains soft due to weaker consumer confidence in China and other markets. 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
Chatbot Arena Raises $100 Million for Platform That Compares AI Models
May 21, 2025

Chatbot Arena raised $100 million in seed funding to support its platform that helps users compare the performance of different artificial intelligence models. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
OpenAI Acquires Jony Ive’s AI Device Startup for $6.4B
May 21, 2025

About two years ago, Jony Ive’s son was so enthralled with OpenAI’s ChatGPT that he told his dad, “You’ve got to meet Sam.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
Shopify Debuts AI-Powered Store Builder for Merchants
May 21, 2025

Shopify has introduced a tool that lets merchants create online stores by entering descriptive keywords. 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
OpenAI Texas Data Center Lands $11.6 Billion in Funding Commitments
May 21, 2025

One of OpenAI’s future data centers has reportedly secured $11.6 billion in funding commitments. 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...

Artificial Intelligence
Coalition Asks US House to Reject Freeze on State AI Regulations
May 21, 2025

More than 140 organizations are asking U.S. House leaders to reject a proposed 10-year freeze on state-level regulation of artificial intelligence (AI), saying it would remove corporate accountability for any harms arising from the technology. Get the Full Story Complete the form to unlock this...

Artificial Intelligence
Big Tech’s Enterprise Cloud Launches Move AI From Feature to Framework
May 21, 2025

Dynamic and uncertain times can help build nimble companies. 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,...