News

Banking
Santander Positions New Digital Platform as First Step in US Expansion
October 21, 2024

Santander’s digital banking platform, Openbank, is now officially live in the United States. 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....

Cross-border Payments
Mastercard ‘Moves’ Into Commercial Cross-Border Payment Solution for Banks
October 21, 2024

Mastercard introduced a new solution that will enable banks to facilitate commercial cross-border payments that are near real-time, predictable and transparent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Bed Bath & Beyond Revives Store Model With Kirkland Partnership
October 21, 2024

Bed Bath & Beyond brick-and-mortar stores are set to return in a new, smaller format. 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,...

Cross-border Payments
Bank of America Extends FX Rate Guarantee for Year
October 21, 2024

Bank of America now allows companies to lock in foreign exchange (FX) rates for up to one 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...

Artificial Intelligence
AI Explained: Zero-Shot Learning Pushes AI Capabilities
October 21, 2024

A new breed of artificial intelligence is emerging, capable of tasks it was never explicitly taught. This technology, known as zero-shot learning, is pushing the boundaries of AI capabilities and raising questions about the future of machine intelligence. Get the Full Story Complete the form...

Banking
BNY and Mizuho Bank Collaborate on Trade Services in Asia
October 21, 2024

The Bank of New York Mellon Corp. (BNY) and Mizuho Bank are collaborating to provide trade services to corporate clients in Asia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cross-border Payments
Cross-Border Payments 2.0: Faster, Cheaper and More Transparent
October 21, 2024

Cross-border payments are an integral part of the engines that keep economies worldwide going, but they get a bum rap. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Banking
Earnings Season Gives Glimpse Into Big Banks’ Private Credit Ambitions
October 20, 2024

The big banks have weighed in this earnings season — not just on credit and debit, and consumer spending and Basel endgames … Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
Report: AI Search Company Perplexity Aims to Raise $500 Million
October 20, 2024

Artificial intelligence (AI) search company Perplexity is reportedly looking to raise about $500 million in a new funding round that would value it at $8 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...