The British Treasury plans to give the Bank of England a new “secondary objective” to support innovation in payments technology and digital currencies, including stablecoins, Reuters reported Wednesday (Aug. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The FIFA World Cup 2026 generated $3.5 billion in total economic impact across New York and New Jersey, New York Gov. Kathy Hochul said in a Wednesday (Aug. 26) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Artificial intelligence has moved past the hype stage, according to Nvidia CEO Jensen Huang, who said on the company’s second-quarter earnings call that “AI has reached its inflection point. It’s doing useful work. Its tokens are productive and profitable. Now, compute is revenue.” Get the...
Google is moving its “AI responsibility” unit out of Google DeepMind and into Google’s global affairs organization, the Wall Street Journal reported Wednesday (Aug. 26), citing an internal email. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Instinct, the developer of an artificial intelligence (AI)-powered assistant that seems to be gaining traction among early adopters, is raising a $250 million Series B at a $2.5 billion valuation, the Wall Street Journal reported Wednesday (Aug. 26), citing its interview with Instinct Founder Noah...
Anthropic has agreed to pay $45 billion to rent cloud computing power from neocloud company Nscale’s West Virginia data center, which is set to start operating in late 2027, Bloomberg reported Wednesday (Aug. 26), citing unnamed sources. Get the Full Story Complete the form to...
A primary financial relationship loses some of its value when the provider can see only a fraction of the customer’s money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The U.S. payments industry does not lack fraud data. It lacks agreement about what that data means. 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...
Thirty-nine state bankers associations have formed an organization dedicated to creating a blockchain network that will be owned, designed and governed by the industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
