Cryptocurrency and prediction market executives are reportedly meeting with Trump administration officials this week. 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...
On Wall Street, “cheese” is slang for money. In Italy, they decided the metaphor needed collateral. 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...
Mastercard is proposing to pay half the amount demanded by Brazilian merchant acquirers that were impacted by the collapse of Will Financeira, also known as Will Bank, a FinTech tied to the failed Banco Master, Bloomberg reported Friday (Aug. 14), citing unnamed sources. Get the...
Nvidia’s $500 billion artificial intelligence financing initiative that was announced Monday (Aug. 10) aims to assure the company’s investors that there is plenty of financing available to the AI startups and other companies that buy or use the firm’s chips, Bloomberg reported Friday (Aug. 14)....
PayPal Holdings is in talks with a group that includes Stripe and Advent International, negotiating to sell itself at a price potentially higher than the one the companies offered in July, The Wall Street Journal (WSJ) reported Friday (Aug. 14), citing unnamed sources. Get the...
A merchant that once represented a stream of transaction fees can now represent a lending relationship, and second-quarter earnings results show payments platforms putting more money behind that proposition. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
OpenAI and Google both released faster artificial intelligence models this week. Both put speed at the center of the pitch, and both are starting to treat response time as something businesses will pay for on its own. Get the Full Story Complete the form to...
OpenAI appointed former Wiz executive Dali Rajic as chief revenue officer, according to a Thursday (Aug. 13) blog post. 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...
Financial institutions have spent years trying to see more suspicious activity. New data from the Financial Crimes Enforcement Network (FinCEN) suggests the more valuable question may be whether they can see enough of the activity together. Get the Full Story Complete the form to unlock...