News

Investments
Demand for AI Chips Drives Nvidia Value to $2 Trillion
February 22, 2024

Nvidia, the dominant player in the artificial intelligence (AI) chip market, has surged to a market value of $2 trillion, making it the third most valuable company in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cross-border Payments
Numeral Expands Payment Infrastructure to Include Support for Swift
February 22, 2024

Payment technology provider Numeral has launched support for Swift payments. 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, you agree to...

Biometrics
Buying Into the Biometric Payment Opportunity in Mixed Reality
February 22, 2024

No single word signals the death knell of an innovation quite like the adjective “clunky.” 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,...

IPO
Absa Says African FinTechs Should List IPOs on Local Exchanges
February 22, 2024

South Africa’s Absa Group has reportedly highlighted the opportunity for African FinTechs to consider public listings at home. 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...

Delivery
Delivery Hero Suspends Plans to Sell Foodpanda Business
February 22, 2024

Delivery Hero has ended discussions to sell its foodpanda business in Southeast Asia. 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...

Regulation
India Cracks Down on ‘Sketchy’ FinTech KYC Rules
February 22, 2024

India’s banking regulator has made some high-profile enforcement moves in recent weeks. 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...

Delivery
Uber Eats Takes Its Robot Delivery Show on the Road
February 22, 2024

As on-demand delivery aggregators look to automation to reduce labor costs, Uber sees the opportunity to roll out autonomous sidewalk robots in dense cities worldwide — but only for certain kinds of orders. Get the Full Story Complete the form to unlock this article and...

Banking
Regions Financial Managing Deposit Costs, Expecting Fed Interest Rate Cuts
February 21, 2024

Regions Financial is shortening the tenors of certificates of deposits (CDs). 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...

eCommerce
Etsy Counts on Consumers’ Gifting Splurges Amid Overall Belt-Tightening
February 21, 2024

Consumers’ hesitancy to buy themselves nice things amid ongoing economic challenges is taking a hit on Etsy. Now, the eCommerce marketplace is turning its focus to gifting, where many are still willing to be generous. Get the Full Story Complete the form to unlock this...