artificial intelligence
Alibaba Places $52 Billion Price Tag on AI Plans
February 24, 2025

Last week, Chinese tech conglomerate Alibaba announced a major uptick in AI spending. 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...

Bitcoin
Rezolve Ai Announces $1 Billion Bitcoin Reserve to Support Crypto Payments Platform
February 24, 2025

Artificial intelligence (AI) commerce solutions company Rezolve Ai is rolling out a $1 billion bitcoin treasury, a move the company says will support the launch of its cryptocurrency payments platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Regulation
Regulations at the Crossroads: Quieter Week in Washington Gives Way to High-Stakes Decisions
February 24, 2025

It wasn’t quite a manic Monday this week. But don’t bet on that relative calm to continue. While the past week in Washington lacked the frenetic pace of recent months, the coming days could set the tone for financial regulation well into 2025. Three pivotal...

Banking
JPMorgan Spending Additional $50 Billion on Private Credit Effort
February 24, 2025

JPMorgan Chase is reportedly earmarking another $50 billion for its direct lending efforts. 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...

Acquisitions
MongoDB Acquires Voyage AI to Combat Hallucinations
February 24, 2025

Database company MongoDB acquired artificial intelligence firm Voyage AI. 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 this form,...

Insurance
NY Fines Car Insurers $20 Million Over Reporting Failures
February 24, 2025

New York has closed a multi-year probe into car insurers’ failure to report timely information. 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,...

Cross-border Payments
Ace Money Transfer Partners With Mastercard on X-Border Payments
February 24, 2025

Ace Money Transfer is partnering with Mastercard Move, Mastercard’s suite of money movement solutions. 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...

Alternative Credit
Platforms Use Cards and Deposits to Become Alternatives to Traditional Banks
February 24, 2025

FinTechs — especially platforms — are capitalizing on the continued buildout of digital solutions and products, including cards, to give consumers an alternative to traditional banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Regulation
Robinhood: SEC Calls Off Probe Into Crypto Business
February 24, 2025

Robinhood said a regulatory probe of its cryptocurrency unit ended without incident. 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...