The European Central Bank’s effort to build a homegrown payments system using a digital euro is being slowed by European banks’ concerns that the solution would lead to customers transferring cash from banks to an ECB wallet, Reuters reported Thursday (May 21). Get the Full...
A mortgage application used to mean waiting. At TD Bank, pre-adjudication averaged roughly 15 hours before a human underwriter could open the file. That window is now under three minutes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
SoFi has acquired Peach Finance, a lending infrastructure startup specializing in loan servicing software. 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...
Salesforce is promoting in its marketing content artificial intelligence (AI) features that are not yet fully deployed by its clients, Bloomberg reported Friday (May 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Retail media growth has been built on the bedrock premise of influencing the customer before the checkout button is pressed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Growth can be a double-edged sword for mid market and Main Street businesses, and the sharp edge of that sword is pointed at their own legacy finance infrastructure. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
DeepSeek is in advanced discussions for a funding deal that could raise $10 billion and value the company at $45 billion, Bloomberg reported Friday (May 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Starbucks stopped using an artificial intelligence app for counting inventory after finding that the program miscounted and mislabeled items, Reuters reported Thursday (May 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Most people who download a dating app delete it within a month. The ones who stay describe spending hours swiping through profiles without finding anyone worth meeting. Bumble helped build that experience. Now it’s trying to replace it. Get the Full Story Complete the form...
