PYMNTS News

Altman’s AI Chip Plan Faces National Security, Antitrust Concerns
Altman’s AI Chip Plan Faces National Security, Antitrust Concerns
February 16, 2024  |  Artificial Intelligence

OpenAI CEO Sam Altman is reportedly seeking approval from the U.S. government for an initiative aimed at enhancing the global manufacturing of artificial intelligence chips....

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CFPB Takes Aim at Consumer Credit Card Rates 
CFPB Takes Aim at Consumer Credit Card Rates 
February 16, 2024  |  Credit Cards

The Consumer Financial Protection Bureau (CFPB) aims to boost competition in the credit card industry to deliver lower rates to consumers. Get the Full Story...

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Consumers Prefer Instant Payments, Federal Reserve and PYMNTS Data Show
Consumers Prefer Instant Payments, Federal Reserve and PYMNTS Data Show
February 16, 2024  |  Faster Payments

An official with the Atlanta Federal Reserve says findings from a 2023 Federal Reserve study confirm the growing appetite for instant payments. Get the Full...

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Mastercard Says Click to Pay Is Primed for Growth as Merchants Focus on Conversion
Mastercard Says Click to Pay Is Primed for Growth as Merchants Focus on Conversion
February 16, 2024  |  Connected Economy

Nearly five years after Click to Pay was introduced (initially as Secure Remote Commerce), Jennifer Marriner, EVP, Global Acceptance Solutions at Mastercard, told Karen Webster,...

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AI Cuts Across Marketplaces to Accelerate Seller Performance
AI Cuts Across Marketplaces to Accelerate Seller Performance
February 16, 2024  |  artificial intelligence

Amazon had a lot to crow about on its most recent earnings call. It started with record revenue for Q4 and the full year of...

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Tokenization Now Seen by Merchants as Performance Optimization Play
Tokenization Now Seen by Merchants as Performance Optimization Play
February 16, 2024  |  Security & Fraud

Jeff Hallenbeck, head of payments at Forter, said tokenization, from the merchant point of view, is moving from being thought of as an operational cost...

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Walmart Sets Sights on Retail Media as Content and Commerce Blur
Walmart Sets Sights on Retail Media as Content and Commerce Blur
February 16, 2024  |  Retail

This week in the ongoing race for customers’ loyalty and engagement between retail powerhouses Walmart and Amazon, the former may be looking to join in...

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Payments Vaulting Seen as Competitive Differentiator for Subscription Commerce
Payments Vaulting Seen as Competitive Differentiator for Subscription Commerce
February 16, 2024  |  Subscriptions

Joe Meuse, vice president of product at Spreedly, told PYMNTS that subscription-based business models face challenges and opportunities in meeting customers’ demands in the digital...

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Stablecoins, Unstable Crypto Market Propel Coinbase Profits
Stablecoins, Unstable Crypto Market Propel Coinbase Profits
February 16, 2024  |  Earnings

Renewed investor enthusiasm for crypto has been good news for U.S. cryptocurrency exchange Coinbase. Get the Full Story Complete the form to unlock this article...

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