News

B2B Payments
3 Reasons Now Is the Golden Age of B2B Procurement
January 13, 2025

Digital transformation’s impact is typically specific to each sector, company or workflow. 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...

Investments
Float Financial Raises $49 Million to Expand Business Finance Platform
January 13, 2025

Float Financial has raised 70 million Canadian dollars (about $49 million) in a Series B funding round to expand its business finance platform for Canadian businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Artificial Intelligence
Can Arm’s Mobile Lead Translate to AI? Chip Designer Bets on Efficiency
January 13, 2025

British chip designer Arm Holdings is eyeing robust opportunities in AI as it strives to maintain its near-total monopoly in mobile devices. According to Arm Chief Commercial Officer Will Abbey, the company is going full steam ahead into powering artificial intelligence devices — and sees...

Investments
PayByCar Seeks $10 Million to Expand Mobile Payment Services
January 13, 2025

Mobile payments company PayByCar aims to raise $10 million to expand its services. 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...

Artificial Intelligence
White House Announces New Rules for Export of AI Technology
January 13, 2025

The President Joe Biden administration announced a new rule that aims to make it easier to sell artificial intelligence systems and computing power to U.S. allies, while also keeping the technology out of the hands of countries of concern. Get the Full Story Complete the...

Banking
America’s 6 Biggest Banks to Report $31 Billion in Profits
January 13, 2025

America’s biggest banks apparently have Donald Trump to thank for a successful quarter. 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....

Artificial Intelligence
The Big GenAI Time and Money Shift
January 13, 2025

The average consumer spends about 3 seconds when opening an app on their smartphone. Most open 10 different apps a day. Over the course of a year, the time people spend just opening apps, not engaging with them, adds up to nearly half a typical...

Banking
Citi Says Developer Portal Is Bank’s Innovation Accelerator
January 13, 2025

As platforms, corporates and financial institutions scale and bring personalized financial products and solutions to their end customers, application programming interfaces (APIs) are proving to be a critical lifeline. They connect third-party applications, data and developers to shorten the time to market for those innovations...

Artificial Intelligence
Musk Gains Antitrust Watchdog Support in OpenAI Battle
January 12, 2025

Elon Musk has reportedly gained government support in his legal battle against OpenAI. 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....