The Federal Deposit Insurance Corporation’s Deposit Insurance Fund (DIF) reserve ratio increased four basis points to reach 1.40% in the third quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
OpenAI could need $207 billion in new financing by 2030 to gain the compute capacity it is seeking, Seeking Alpha reported Monday (Nov. 24), citing analysts from HSBC Global Investment Research. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
South Korean cryptocurrency exchange Upbit is reportedly considering launching an initial public offering on Nasdaq once it completes a merger with South Korean internet firm Naver. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The Federal Deposit Insurance Corp.’s latest board agenda reads like a preview of the next major regulatory issues looming for big banks, and by extension, their FinTech partners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
For decades, the mechanics of business payments barely changed. Wires, ACH batches and card networks moved money from point A to point B with only modest variations in speed and supporting information. Get the Full Story Complete the form to unlock this article and enjoy...
Model ML has raised $75 million for its financial-services-focused artificial intelligence (AI) workflow automation platform. 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...
U.K. FinTech Revolut has seen its valuation jump by $30 billion in the last year. 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,...
Watch more: Inside Whatnot: Why Live Shopping Works — And What It Means for eCommerce 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,...
For years, embedded finance simmered in the background of digital transformation. 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...