News

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....

IPO
Investment Bankers Banking on an IPO Turnaround in 2025
January 12, 2025

Investment bankers are reportedly preparing for a dealmaking uptick in equity capital markets this year. 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,...

Retail
Wayfair Deploys Google AI to Scale and Enrich Product Catalogs
January 12, 2025

Wayfair has reduced the time needed to curate product listings by 67%, saved hundreds of thousands of dollars and improved some conversion rates by 2% by deploying Google’s artificial intelligence (AI) technologies. Get the Full Story Complete the form to unlock this article and enjoy...

Artificial Intelligence
Beyond the Cloud: Nvidia’s Mini Supercomputer Brings AI on-Premise
January 10, 2025

Nvidia’s new mini artificial intelligence supercomputer has the potential to put unprecedented computing power into the hands of researchers, developers and academics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...