PYMNTS News

Visa to Invest $100 Million in Generative AI for Commerce and Payments

Visa to Invest $100 Million in Generative AI for Commerce and Payments
Visa to Invest $100 Million in Generative AI for Commerce and Payments
October 02, 2023  |  Artificial Intelligence

Visa has launched a new $100 million generative artificial intelligence (AI) ventures initiative, aiming to invest in companies focused on developing generative AI technologies and applications...

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Discover Financial Services’ Agreement With FDIC Boosts Stock Price
Discover Financial Services’ Agreement With FDIC Boosts Stock Price
October 02, 2023  |  Bank Regulation

Discover Financial Services has reportedly reached an agreement with the Federal Deposit Insurance Corporation (FDIC) to improve consumer compliance.  Get the Full Story Complete the...

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FTX’s Sam Bankman-Fried Rose and Fell, Now Comes His Reckoning 
FTX’s Sam Bankman-Fried Rose and Fell, Now Comes His Reckoning 
October 02, 2023  |  Legal & Regulation

It took around five days for the cryptocurrency exchange FTX to implode last November. Get the Full Story Complete the form to unlock this article...

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Sequoia Capital to Focus on AI Companies Utilizing Foundation Models
Sequoia Capital to Focus on AI Companies Utilizing Foundation Models
October 02, 2023  |  Investments

Venture capital firm Sequoia Capital is focusing its investment strategy toward artificial intelligence (AI) applications following the success of its investment in OpenAI.  Get the Full...

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TikTok May Join Other Platforms With Ad-Free Subscription
TikTok May Join Other Platforms With Ad-Free Subscription
October 02, 2023  |  Subscriptions

TikTok is testing an ad-free monthly subscription plan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Sam Altman’s Gen AI ‘iPhone’ Could Upend the AI Economy
Sam Altman’s Gen AI ‘iPhone’ Could Upend the AI Economy
October 02, 2023  |  Artificial Intelligence

Generative artificial intelligence (AI) is one of the innovative forces powering tomorrow’s tech wave. Get the Full Story Complete the form to unlock this article...

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Economists Expect Limited Macro Impact From Student Loan Payment Resumption
Economists Expect Limited Macro Impact From Student Loan Payment Resumption
October 02, 2023  |  Consumer Finance

The resumption of student loan payments will be only “a drop in the bucket” for the broader household sector, according to three Wells Fargo economists. Get...

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Coinbase and Binance Remain at Top of Crypto App Provider Ranking
Coinbase and Binance Remain at Top of Crypto App Provider Ranking
October 02, 2023  |  Cryptocurrency

This month’s edition of PYMNTS’ Provider Rankings of Cryptocurrency Apps reflects leaps from Bybit, Huobi and Bitpay. Get the Full Story Complete the form to...

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