Banking
Apollo Global Management Partners With Banks to Trade Private Credit
May 29, 2025

Apollo Global Management is reportedly working with five banks, including JPMorgan Chase & Co. and Goldman Sachs Group, to trade private credit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Legal
White House Appeals Trade Court Ruling That Blocked Most Tariffs
May 29, 2025

The Trump administration reportedly asked the U.S. Court of Appeals to overturn a Wednesday (May 29) court ruling that largely blocked its tariffs and will take the case to the U.S. Supreme Court if the appeals court does not do so. Get the Full Story...

Cryptocurrency
Making Stablecoins ‘Grandma-Friendly’
May 29, 2025

Paying with crypto is a logistics problem, and that logistics problem creates a user experience bottleneck. Stablecoins want to solve that, but can they? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

artificial intelligence
AI Models and Tools: Microsoft Launches ‘Agent Store’ Marketplace
May 29, 2025

Microsoft has unveiled the Agent Store, a centralized marketplace where users can “shop” for AI agents tailored for specific tasks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Artificial Intelligence
NY Times Inks AI Licensing Agreement With Amazon
May 29, 2025

The New York Times (NYT) Company has signed a multiyear, artificial intelligence-focused licensing agreement with Amazon. 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...

Cross-border Payments
TerraPay and Wave to Promote Cross-Border Remittances in West Africa
May 29, 2025

Money movement company TerraPay launched a partnership with Wave Mobile Money. 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...

Economy
GDP Shows Consumer Resilience Under Pressure as CEOs Eye Recession
May 29, 2025

Tariffs are in limbo. GDP is shrinking. CEOs are pessimistic. And consumers are caught in the middle of all the uncertainty, buffeted by rising prices and an uncertain employment picture. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Artificial Intelligence
DeepSeek Upgrades AI Reasoning Model to Rival OpenAI and Google
May 29, 2025

Chinese artificial intelligence startup DeepSeek upgraded its open-source reasoning model R1 to perform nearly at par with the best models from OpenAI and Google. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Grammarly Secures $1 Billion Financing Amid Evolution Into AI Productivity Platform
May 29, 2025

Grammarly announced $1 billion in financing from General Catalyst’s Customer Value Fund (CVF), saying it will use the financing for product innovation, scaling its sales and marketing, and making strategic acquisitions. Get the Full Story Complete the form to unlock this article and enjoy unlimited...