News

Artificial Intelligence
OpenAI Unveils Text-to-Video Model Called Sora
February 15, 2024

OpenAI, the creator behind artificial intelligence-powered chatbot ChatGPT, is launching Sora, a text-to-video model. 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...

Banking
SVB Adds Bankers as Anniversary of Its Failure Nears
February 15, 2024

While other lenders are cutting staff, Silicon Valley Bank (SVB) is reportedly hiring. 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
Google Debuts Improved Version of Gemini AI Tool
February 15, 2024

One week after its rebrand as “Gemini,” Google’s artificial intelligence tool received a new update dubbed “Gemini 1.5.” 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...

Banking
US Bank Taps Pagaya’s Credit Intelligence Network for Personal Loans
February 15, 2024

U.S. Bank said Thursday (Feb. 15) that more than 2,000 of its clients have been approved for personal loans over the past few months thanks to the technology and credit intelligence network enabled by the bank’s partnership with Pagaya Technologies. Get the Full Story Complete...

Payments Innovation
NMI Debuts Embedded Payments Offering
February 15, 2024

Payments technology company NMI has debuted a new embedded payments solution. 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,...

Regulation
OCC Closes Sales Practices Consent Order Against Wells Fargo
February 15, 2024

The Office of the Comptroller of the Currency terminated a 2016 consent order against Wells Fargo. 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
Shares of Smaller AI Firms Rise After Nvidia Discloses Investments
February 15, 2024

Shares of smaller artificial intelligence (AI) firms reportedly experienced a rally Thursday (Feb. 15) after Nvidia, the world’s leading AI chipmaker, disclosed its stake in them as of Dec. 31. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Loyalty & Rewards
Blackhawk Network Debuts Code-Based Rewards Payouts
February 15, 2024

Blackhawk Network (BHN) has introduced a new way for businesses to distribute customer loyalty rewards. 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...

Cross-border Payments
Fed Governor: Some Cross-Border Payment Frictions Are Necessary
February 15, 2024

When it comes to cross-border payments, there are necessary and unnecessary frictions. 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...