PYMNTS News

JPMorgan Chase Appoints Marianne Lake to Head Overseas Consumer Banking

JPMorgan Chase Appoints Marianne Lake to Head Overseas Consumer Banking
JPMorgan Chase Appoints Marianne Lake to Head Overseas Consumer Banking
June 03, 2025  |  Personnel

JPMorgan Chase has given Marianne Lake, the head of its consumer and community banking division, the additional responsibility of overseeing its overseas consumer banking arm and strategic...

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Federal Reserve Reports Second Year of Negative Net Income Amid High Interest Rates
Federal Reserve Reports Second Year of Negative Net Income Amid High Interest Rates
June 03, 2025  |  Economy

The Federal Reserve’s System Open Market Account (SOMA) saw its net income decline for the second year in a row in 2024 and could see...

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AI Pioneer Yoshua Bengio Launches Nonprofit to Develop Safe AI
AI Pioneer Yoshua Bengio Launches Nonprofit to Develop Safe AI
June 03, 2025  |  Artificial Intelligence

An artificial intelligence (AI) pioneer who has been vocal about the risks of AI has launched a nonprofit focused on developing safe AI systems. Get...

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Intuit Updates GenOS for Agentic AI Experiences for Its 100 Million Users
Intuit Updates GenOS for Agentic AI Experiences for Its 100 Million Users
June 03, 2025  |  Artificial Intelligence

Intuit Inc., the financial technology company behind products like TurboTax, QuickBooks and Mailchimp, has announced enhancements to its proprietary Generative Artificial Intelligence (AI) Operating System...

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PayPal Adds Physical Credit Card for In-Store BNPL
PayPal Adds Physical Credit Card for In-Store BNPL
June 03, 2025  |  Credit Cards

PayPal introduced a new physical card that enables customers to use PayPal Credit for in-store purchases. Get the Full Story Complete the form to unlock...

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AI Startups: Music Labels Push for Licensing Deals With Suno, Udio
AI Startups: Music Labels Push for Licensing Deals With Suno, Udio
June 03, 2025  |  Artificial Intelligence

Major record labels are reportedly in talks with AI music startups Suno and Udio to set up licensing agreements for songs used to train their...

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FinTech OatFi Raises $24 Million for B2B Embedded Financing Platform
FinTech OatFi Raises $24 Million for B2B Embedded Financing Platform
June 03, 2025  |  Investments

OatFi said it has raised $24 million in a Series A round to build a B2B credit network. Get the Full Story Complete the form...

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GoodLeap Introduces Payments Product for Contractors
GoodLeap Introduces Payments Product for Contractors
June 03, 2025  |  Payments Innovation

GoodLeap has introduced a comprehensive payments product for contractors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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