Today on PYMNTS

Investments
Remarcable Raises $15 Million to Solve Construction Workflow Gridlock

Construction industry procurement platform Remarcable has raised $15 million in new funding. Get the Full Story...

Artificial Intelligence
Report: OpenAI Taps Google’s Cloud Service for Extra Computing Capacity

OpenAI and Google reportedly finalized a deal in which OpenAI will tap Google’s cloud service...

Artificial Intelligence
Apple Expands OpenAI Partnership Amid Rising AI Pressures

Apple is reportedly deepening its relationship with OpenAI while also rolling out new artificial...

Consumer Finance
Citigroup Increases Provisions for Potential Losses on Loans Due to...

Citigroup is reportedly preparing for a possible decline in consumer financial health by putting aside...

Economy
World Bank Slashes Growth Projections Due to Tariff ‘Discord’

The World Bank says tariff-related discord is threatening 80 years of global prosperity. Get the...

Politics
Proposed GENIUS Act Amendments Could Reshape Traditional Financial Services

Last month, U.S. lawmakers promised stablecoin regulations would be approved by Memorial Day. Get...

SMBs
NFIB: Small Business Optimism Rises Despite Uncertainty Around Tariffs

Small business owners grew more optimistic in May as they reported improvements in their...

Fintech Investments
Adyen Founder’s Hospitality Startup, Tebi, Raises $34 Million

Tebi, a FinTech launched by Adyen co-founder Arnout Schuijff, raised 30 million euros (about...

Bank Regulation
Fed Vice Chair Bowman May Seek Regulatory Rollbacks, Benefitting Smaller...

On Monday (June 9), Michelle Bowman was sworn in as vice chair for supervision...

Cryptocurrency
Societe Generale Debuts Dollar-Pegged Stablecoin in Industry First

French bank Societe Generale is launching a dollar-pegged stablecoin via its digital assets arm. Get the...

Fintech Investments
FinanceKey Raises $3.4 Million to Expand Automated Enterprise Treasury System

Finnish FinTech company FinanceKey raised 3 million euros (about $3.4 million) in a seed...

Cryptocurrency
Crypto-Related Suspicious Activity Reports Jump 8% in Germany

A German financial watchdog has reportedly recorded a record number of crypto-related suspicious activity...

Real-Time Payments
Bank of America: Higher Real-Time Payment Transaction Limit Enables New...

Six weeks after The Clearing House raised the transaction limit on real-time payments from...

ANTITRUST
Sezzle Lawsuit Accuses Shopify of Stifling BNPL Options

Pay-later platform Sezzle has filed an antitrust lawsuit against eCommerce platform Shopify. Get the Full Story Complete...

Meta
Zuckerberg Personally Recruiting Experts for Meta’s AGI Effort

Meta’s Mark Zuckerberg is reportedly taking a hands-on approach to expanding the company’s AGI...

artificial intelligence
AI Models Arm Payment Processors With Real-Time Risk Intelligence

In an age dominated by automation and algorithms, it’s easy to assume that the...

Technology
Uber Partners Up for Margin Gains via Fully Self-Driving Taxis

Many innovations have a crucial graduation date: when they move from speculative R&D to...

Data
Bank of America Taps Merchant Data to Boost Payment Approval...

An optimal payment experience, which is frictionless in nature, involves collaboration. Get the Full...

Digital Payments
Cash Share of In-Store Payments Plummets to 25% in Latin...

Latin America continues its financial transformation as digital payments surge, pushing traditional cash toward...

Credit Unions
Credit Unions Outspend Banks on Cloud Upgrades

Innovation has emerged as a key factor in determining whether credit unions can thrive...

Economy
PYMNTS Study Finds 94% of Enterprise CFOs Have No Plans...

Everyone seems to have an opinion on trade policies and tariff rates these days....

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