In the payments and FinTech ecosystem, the concept of friction is usually discussed in the context of checkout flows, cross-border settlements or fragmented API integrations. But as any C-suite executive or private equity lead knows, friction isn’t just a digital metric, it is a physical...
Washington state sued Kalshi Friday (March 27), alleging that the company’s prediction market is, under the state’s definition, a betting platform that enables illegal gambling. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Coinbase has resolved an issue that sent push notifications about the company’s prediction markets offerings to customers who weren’t interested in them, Coinbase CEO Brian Armstrong said in a Friday (March 27) post on X. Get the Full Story Complete the form to unlock this...
Concerns about the capabilities of an artificial intelligence (AI) model being tested by Anthropic drove down cybersecurity stocks on Friday (March 27), Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Artificial intelligence is increasingly being deployed to restore decades-old films, from Hollywood archives to China’s kung fu classics, enhancing image quality, repairing physical damage and reconstructing degraded audio. What was once a painstaking, manual process is becoming automated and scalable, changing how cinema history is...
Citigroup is considering acquiring a major U.S. regional bank or a brokerage, Bloomberg reported Friday (March 27), citing unnamed sources and adding that Citigroup said the report was “baseless speculation.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Square is now extending credit to more sellers after improving its underwriting models to assess the creditworthiness of those with non-standard revenue patterns. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The earliest interactions between a consumer and a financial provider rarely take place in a branch, and the account opening is just the beginning. The most important moment, arguably, happens when money arrives into accounts, and ease of fund flows and accessibility carry weight that...
Legislation aimed at airline loyalty programs may reshape how rewards work across the broader payments ecosystem. 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...
