News

Cross-border Payments
Revolut to Expand Trading Products After Receiving UK License
November 18, 2024

Global FinTech Revolut plans to offer its customers in the United Kingdom new trading products and features after receiving a U.K. trading license from the Financial Conduct Authority (FCA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Spanish Banking Community Joins Instant Cross-Border Payments Plan
November 18, 2024

Spain has become Europe’s first banking market fully connected to the European Payments Council’s One-Leg Out instant payments plan. 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...

Banking
HSBC Makes Managers Vie for Jobs Amid CEO Streamlining
November 18, 2024

HSBC reportedly wants hundreds of managers to reapply for jobs at the bank’s new division. 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
Banks and Private Finance Seek Slices of $1 Trillion AI Pie
November 18, 2024

Big banks and private finance groups are both chasing the artificial intelligence (AI) craze. 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
Commercial Cards Become Cash Flow Catalysts for Cross-Border B2B Payments
November 18, 2024

Cross-border trade is a huge business, totaling roughly $190 trillion in 2023. Sourcing goods and services globally and establishing supply chains that transcend borders have become part of the corporate DNA. However, navigating the complexities of cross-border payments remains a challenge as businesses grapple with...

Artificial Intelligence
Tech Investor Niel: EU Risks Being ‘Abandoned’ in AI Race
November 17, 2024

Can Europe create leading artificial intelligence (AI) firms without spending as much as companies in America? 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
Charm Your Chatbot: Magic Words That Boost AI Responsiveness
November 16, 2024

Being nice to your chatbot turns out to be more than just digital decorum. According to a recent research, users who mind their manners with artificial intelligence (AI) assistants get faster, more accurate help, while their ruder counterparts face frustration. Get the Full Story Complete...

IPO
Report: Klarna Aims to List IPO in New York in H1 2025
November 15, 2024

Klarna is reportedly looking to list its recently announced initial public offering (IPO) in New York in the first half of 2025. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
This Week in AI: Shopping Overhaul Sweeps Tech as Giants Roll Out Automated Agents
November 15, 2024

OpenAI is leading a wave of artificial intelligence (AI) commerce innovation with its upcoming “Operator” shopping assistant, while Apple plans a smart home hub for March release that will streamline voice purchases through its ecosystem. The breakthroughs extend beyond retail, as the FAA explores AI...