News

Artificial Intelligence
Anthropic Debuts Different Levels of Reasoning for Claude, Announces $3.5 Billion Fundraise
February 24, 2025

Artificial intelligence company Anthropic unveiled new features of its AI chatbot, Claude, and announced the finalization of a $3.5 billion fundraise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Loyalty & Rewards
Will Delta’s $30,000 Compensation Build Long-Term Loyalty or Simply Ease Immediate Crisis?
February 24, 2025

When Delta Air Lines Flight 4819 crashed and landed upside down at Toronto Pearson International Airport on Feb. 17, it was a traumatic event that left passengers in shock. The airline’s response to the crisis — offering $30,000 to each of the 76 passengers involved...

Artificial Intelligence
Perplexity Announces AI-Powered Web Browser Comet
February 24, 2025

Artificial intelligence (AI)-powered search engine Perplexity AI is planning on launching its own web browser. 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,...

Investments
Monument Bank Weighs $253 Million Fundraise Before IPO
February 24, 2025

Before it goes public, the United Kingdom’s Monument Bank is reportedly in talks to raise money. 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
Alibaba Places $52 Billion Price Tag on AI Plans
February 24, 2025

Last week, Chinese tech conglomerate Alibaba announced a major uptick in AI spending. 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...

Banking
JPMorgan Spending Additional $50 Billion on Private Credit Effort
February 24, 2025

JPMorgan Chase is reportedly earmarking another $50 billion for its direct lending efforts. 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...

Cross-border Payments
Ace Money Transfer Partners With Mastercard on X-Border Payments
February 24, 2025

Ace Money Transfer is partnering with Mastercard Move, Mastercard’s suite of money movement solutions. 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
AI-Powered Robots Advance in General Tasks in a Crowded Market
February 24, 2025

The dream of having robots do household chores inched a little closer to reality last week. 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...

Payment Methods
Pay by Bank Is User Experience Grand Slam for Sports Betting
February 24, 2025

When it comes to sports betting, speed isn’t just for the players on the field. It’s also a critical factor in the flow of cash, where seamless deposits, lightning-fast payouts and frictionless transactions can make or break a bettor’s experience. Get the Full Story Complete...