Tether has frozen $3.5 billion of its stablecoins since 2023 and a total of $4.2 billion since the company’s launch, in cases where the tokens were linked to illicit activity, a company spokesperson told Reuters in a report published Friday (Feb. 27). Get the Full Story Complete the form to unlock this...
The White House is telling federal agencies to stop using Anthropic’s artificial intelligence (AI) products, a sharp escalation in a dispute that started inside the Defense Department but now touches the broader government. Get the Full Story Complete the form to unlock this article and...
AT&T boosted the efficiency of its internal Ask AT&T personal assistant by reworking the orchestration layer and shifting more of the work from large language models (LLMs) to small language models (SLMs), VentureBeat reported Thursday (Feb. 26). Get the Full Story Complete the form to...
Digital assets have gotten boring enough that their growth is now buried in procedural filings, not viral social media headlines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The biggest risk in B2B payments today isn’t failing to modernize. It’s assuming that modernization alone delivers value. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
A bill introduced in the Senate Thursday (Feb. 26) would strengthen the role of the Community Development Financial Institutions Fund (CDFI Fund) in improving capital access and economic development in underserved communities, its supporters say. Get the Full Story Complete the form to unlock this...
Dots raised $8.9 million in a Series A funding round to continue expanding the capabilities of its global payouts platform for marketplaces and service-based businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Burger King has equipped managers and employees with an artificial intelligence-powered tool called BK Assistant. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
It was probably one of those moments where you remember where you were when you heard it. Block announced Thursday (Feb. 26) that it will cut roughly 4,000 jobs, or close to 40% of its workforce, as part of a broad restructuring that CEO Jack...