Today on PYMNTS

Cryptocurrency
Brazil Outlaws Crypto Remittances From FX Companies

Brazil has forbidden electronic foreign exchange (eFX) companies from using cryptocurrencies to settle overseas...

Cryptocurrency
Crypto Firms Keep Stablecoin Rewards Under Senate Deal

Lawmakers have reportedly struck an important agreement on the way toward finalizing new cryptocurrency...

Acquisitions
GameStop Eyes eBay Acquisition to Become $100 Billion Company

GameStop reportedly hopes to acquire eBay in its push to become a $100 billion...

The Weekender
Mother’s Day, but Make It Platinum

Mother’s Day is the annual moment when otherwise rational adults look into the maw...

Partnerships
Uber Taps Hertz Subsidiary to Scale Robotaxi Program

Hertz plans to expand beyond its car rental business and serve “the next era of...

artificial intelligence
AI Takes the Wheel at Europe’s Biggest Carmakers

Artificial intelligence (AI) is running on the production line, inside the vehicle and within...

Bank Regulation
Fed Prepares New Playbook to Support Bank AI Adoption

Anthropic’s Mythos highlights the speed at which artificial intelligence (AI) capabilities can advance and...

artificial intelligence
Big Insurance Backs Away From AI Risk and Startups Rush...

A company deploys an artificial intelligence (AI) agent. The agent makes a mistake. The...

ResTech
ChatGPT Finds Your Pizza but Loses the Checkout

PYMNTS tried ordering food through ChatGPT. Getting a pizza from Little Caesars took longer...

Blockchain
Stablecoins Grew Up. Now Come the Rules 

The stablecoin market is moving fast in two directions at once. One path leads...

Investments
Fun Secures $72 Million To Power Global Capital Markets

Fun raised $72 million in a Series A funding round to expand its payments infrastructure...

IPO
SoftBank-Backed OPay Eyes $4 Billion Valuation in US IPO

OPay Digital Services, a payments platform focused on Nigeria and backed by SoftBank Vision Fund and Sequoia...

Earnings
Lemonade and Porch Show AI Is Rewriting Insurance Math

Earnings from Porch Group and Lemonade show artificial intelligence (AI) moving into core insurance...

artificial intelligence
ERP Data Can Fuel Enterprise AI. So Why Wont Vendors...

The tech stack powering the office of the CFO is evolving from a monolith...

Earnings
Ares Raises Record $30 Billion Despite Private Credit Valuation Slump

Global alternative investment manager Ares Management raised $30 billion in the first quarter, a...

artificial intelligence
Pentagon Links With 7 AI Giants After Anthropic Dispute

The Defense Department has signed agreements with seven frontier artificial intelligence (AI) companies, saying...

Credit Cards
How Credit Card Apps Turn Engagement Into Spend

Credit card apps aren’t just for checking balances and paying bills. They also help...

Working Capital
61% of North America Middle Market Companies Use Cards to...

For many growth-company CFOs, working capital is no longer a back-office cushion, but a...

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