Excessive artificial intelligence (AI) investment could make the technology’s boom unsustainable, according to a new Bank for International Settlements report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Prediction markets surpassed $50 billion in monthly volume in June, with their volume driven by trading on the FIFA World Cup 2026, CoinDesk reported Tuesday (July 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Anthropic has reportedly hired Monzo Co-Founder/Former CEO Tom Blomfield to strengthen its compute team. 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...
Industrial robots have historically gone where products are rigid, standardized and produced at scale. Automotive and electronics dominate global installations because their materials and sequences lend themselves to mechanical repetition, the International Federation of Robotics (IFR) reported in its World Robotics 2025 report. Get the...
Deutsche Bank and the World Bank launched a 1-billion-euro (about $1.1 billion) trade finance platform, according to a Tuesday (July 14) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
DeepSeek is reportedly considering a second financing round weeks after concluding its first. 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...
Klarna is working on a significant risk transfer (SRT) that will enable it to offload credit risk tied to buy now, pay later (BNPL) loans and free up capital, Bloomberg reported Tuesday (July 14), citing unnamed sources. Get the Full Story Complete the form to...
It’s all about the consumer and artificial intelligence, even on a day when five big banks were tracking record-setting earnings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Bank of America’s second-quarter earnings call Tuesday (July 14) was dominated by a simple message: Consumers in the United States are spending, companies are borrowing, capital markets are open, and the economy is proving stronger than expected. Get the Full Story Complete the form to...
