News

Banking
Regional Banks Slump Faster Than S&P 500 After Tariff Impacts
April 07, 2025

Regional banks that were looking to grow after dealing with the banking crisis that began in the spring of 2023 are reportedly now being challenged by the economic uncertainty driven by the new U.S. tariffs. Get the Full Story Complete the form to unlock this...

Artificial Intelligence
Shopify CEO Tobias Lütke: Employees Must Learn to Use AI Effectively
April 07, 2025

Shopify now considers the use of artificial intelligence (AI) by employees to be a “baseline expectation,” CEO Tobias Lütke said in an internal memo that he posted on X after learning it had been leaked. Get the Full Story Complete the form to unlock this...

Artificial Intelligence
AI Explained: What’s a Small Language Model and How Can Business Use It?
April 07, 2025

Artificial intelligence (AI) is now a household word, thanks to the popularity of large language models like ChatGPT. These large models are trained on the whole internet and often have hundreds of billions of parameters — settings inside the model that help it guess what...

Banking
Dimon: Consumer Payments ‘New Battleground’ for Banks
April 07, 2025

Consumer payments have become a “new battleground” for banks, JPMorgan Chase Chairman and CEO Jamie Dimon said Monday (April 7) in his annual letter to shareholders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Artificial Intelligence
White House Gives Federal Agencies Greater Flexibility in Adopting AI
April 07, 2025

Federal agencies now have greater flexibility in adopting artificial intelligence (AI), the White House Office of Management and Budget (OMB) said Monday (April 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
OpenAI Reportedly Discussed Purchasing Altman/Ive AI Device Startup
April 07, 2025

OpenAI has reportedly considered acquiring a startup connected to its 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 this...

Investments
Janover Raises $42 Million to Accelerate Acquisition of Digital Assets
April 07, 2025

Janover, a platform that connects the commercial real estate industry, said Monday (April 7) that it plans to accelerate its acquisition of digital assets after raising $42 million in an offering of convertible notes and warrants. Get the Full Story Complete the form to unlock...

Retail
3 Ways Retailers are Leaning More on Acquirers for Data and Strategy
April 07, 2025

For retailers and merchants, payments are no longer just a “check the box” exercise. 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...

Investments
Alphabet-Backed Pennylane Raises $82 Million to Expand Accounting Platform Across Europe
April 07, 2025

Pennylane has raised 75 million euros (about $82 million) to continue growing its accounting platform in France and to expand it across Continental Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...