Disbursements
Frank Bisignano Aims to Make Social Security Administration ‘Digital-First Organization’
June 09, 2025

The new head of the Social Security Administration (SSA), former Fiserv CEO Frank Bisignano, is working to make the agency a “digital-first organization.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Partnerships
WEX and Sabre Partner on Virtual Cards for Travel Agencies
June 09, 2025

WEX and Sabre Direct Pay have partnered to provide virtual card solutions to travel agencies and other travel intermediaries. 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...

Artificial Intelligence
Apple’s Dull Developer Event Mirrors Its Lackluster AI Strategy
June 09, 2025

Apple, which has been facing pressure to stake out its own pole position in the Big Tech artificial intelligence arms race, may not see that pressure abate anytime soon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

artificial intelligence
LVMH Deploys AI Tools Across Operation, Seeking Efficiency and Customer Retention
June 09, 2025

Luxury conglomerate LVMH is deploying artificial intelligence (AI) tools throughout its operations, targeting both operational efficiency and customer retention. 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...

Cybersecurity
Banking Groups Ask Treasury to Limit Data Collection After Cybersecurity Incidents
June 09, 2025

Four financial industry trade associations said Monday (June 9) that federal agencies should limit their data collection to “only what is necessary” after a series of cybersecurity incidents targeted those agencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Earnings
OpenAI Annual Recurring Revenue Leaps 82% Compared to Last Year
June 09, 2025

OpenAI reportedly reached $10 billion in annual recurring revenue (ARR), up 82% from $5.5 billion in 2024. 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...

Consumer Insights
New York Fed: Consumers Expect Inflation to Slow
June 09, 2025

Consumers’ expectations about the direction of inflation broadly improved in May. 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 completing...

Blockchain
OpenLedger Invests $25 Million to Combat ‘Extractive’ AI Economy
June 09, 2025

Blockchain protocol OpenLedger reportedly plans to commit $25 million to AI and Web3 developers. 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...

Retail
Retail Federation: Imports Will Surge During Tariff Pause
June 09, 2025

The National Retail Federation is projecting a summertime surge in U.S. import cargo. 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 completing...