PYMNTS News

UK’s Smaller Banks Could Benefit From New Capital Rules
UK’s Smaller Banks Could Benefit From New Capital Rules
September 12, 2024  |  Banking

New capital requirements could help Great Britain’s smaller lenders compete in the country’s mortgage market. Get the Full Story Complete the form to unlock this...

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Form3 Raises $60 Million to Expand Account-to-Account Platform
Form3 Raises $60 Million to Expand Account-to-Account Platform
September 12, 2024  |  Investments

Form3 completed a $60 million Series C extension and said it will use the new funding to develop new products and services and support the...

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OpenAI Unveils New ChatGPT AI Models With Enhanced Reasoning
OpenAI Unveils New ChatGPT AI Models With Enhanced Reasoning
September 12, 2024  |  artificial intelligence

OpenAI has introduced its new “o1” series of reasoning models, which the company touts as a major advancement in artificial intelligence to tackle complex problems...

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Google Ventures-Backed Bounti Raises $16 Million for AI Teammate for Sales Teams
Google Ventures-Backed Bounti Raises $16 Million for AI Teammate for Sales Teams
September 12, 2024  |  Investments

Bounti has come out of stealth and announced it raised $16 million in seed funding for its artificial intelligence (AI) teammate platform for sales, marketing and customer...

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eToro Pares Down Crypto Biz in $1.5 Million SEC Settlement
eToro Pares Down Crypto Biz in $1.5 Million SEC Settlement
September 12, 2024  |  Cryptocurrency

Cryptocurrency trading platform eToro has agreed to pay a $1.5 million government settlement. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Sheeva.AI and Intralink Partner to Promote in-Vehicle Payments in Japan
Sheeva.AI and Intralink Partner to Promote in-Vehicle Payments in Japan
September 12, 2024  |  Partnerships

Sheeva.AI and Intralink teamed up to promote Sheeva.AI’s in-vehicle payments and location-based services solutions in Japan. Get the Full Story Complete the form to unlock...

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CFPB Bars Navient From Federal Student Loan Business
CFPB Bars Navient From Federal Student Loan Business
September 12, 2024  |  Regulation

Navient is exiting the federal student loan business as a regulator prepares to fine it $120 million. Get the Full Story Complete the form to...

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Sequoia Bets on AI Apps, Nvidia Chips in High Demand, Oracle Cloud Grows
Sequoia Bets on AI Apps, Nvidia Chips in High Demand, Oracle Cloud Grows
September 12, 2024  |  artificial intelligence

Sequoia Capital, Nvidia and Oracle are all in on artificial intelligence this week. From VC investments in AI applications to skyrocketing demand for AI chips...

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Bump in Jobless Claims Underscores Consumer Caution Around Spending
Bump in Jobless Claims Underscores Consumer Caution Around Spending
September 12, 2024  |  Economy

Although jobless claims newly reported for the past week were only slightly higher, the psychological effect may be one where consumers are more cautious about...

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