PYMNTS News

Fed Survey: Businesses Now Face More Uncertainty Than Before Pandemic
Fed Survey: Businesses Now Face More Uncertainty Than Before Pandemic
December 26, 2024  |  Business

According to the latest Survey of Business Uncertainty, firms are now more uncertain about their prospects than they were before the pandemic. The December survey,...

READ MORE >
FTX Execs Caroline Ellison and Ryan Salame Get Prison Time Shortened
FTX Execs Caroline Ellison and Ryan Salame Get Prison Time Shortened
December 26, 2024  |  Cryptocurrency

Following the collapse of cryptocurrency exchange platform FTX amid fraud convictions, former executives Caroline Ellison and Ryan Salame have had their prison time shortened. According...

READ MORE >
OpenAI Weighs For-Profit Move Amid Talks With Microsoft
OpenAI Weighs For-Profit Move Amid Talks With Microsoft
December 26, 2024  |  Artificial Intelligence

OpenAI is reportedly planning to become a for-profit company and is discussing the details of that transition with major investor Microsoft. According to a Thursday...

READ MORE >
Digital IDs and Financial Services Collaboration Strengthen Proactive Fraud Prevention
Digital IDs and Financial Services Collaboration Strengthen Proactive Fraud Prevention
December 26, 2024  |  Security & Fraud

As payments become faster, fraudsters hide behind anonymity or concoct identities that seem legitimate, and then scam banks, merchants and individuals out of their money....

READ MORE >
Foxconn Invests in AI Data Center Firm Zettabyte to Boost Sustainable Computing
Foxconn Invests in AI Data Center Firm Zettabyte to Boost Sustainable Computing
December 26, 2024  |  artificial intelligence

Electronics manufacturing giant Foxconn is partnering with artificial intelligence (AI) infrastructure company Zettabyte in a strategic investment aimed at expanding energy-efficient AI computing solutions worldwide....

READ MORE >
BeyondTrucks Adds Orderful’s Data Platform Into Transportation System
BeyondTrucks Adds Orderful’s Data Platform Into Transportation System
December 26, 2024  |  Partnerships

Transportation management system provider BeyondTrucks teamed with electronic data interchange (EDI) platform Orderful. The collaboration will see BeyondTrucks embed Orderful’s EDI platform into its multi-tenant...

READ MORE >
Samsung’s C-Lab to Showcase AI and Health Projects at CES
Samsung’s C-Lab to Showcase AI and Health Projects at CES
December 26, 2024  |  Technology

Samsung says startups from its C-Lab will display a range of products at CES 2025. The startups will showcase efforts in the fields of artificial...

READ MORE >
Recurring Unemployment Claims Hit Three-Year High
Recurring Unemployment Claims Hit Three-Year High
December 26, 2024  |  Economy

Continuing unemployment benefit applications are now at their highest in more than three years. Data released Thursday (Dec. 26) by the U.S. Labor Department showed...

READ MORE >
Boxing Day Gives UK Retailers Little Reason to Celebrate
Boxing Day Gives UK Retailers Little Reason to Celebrate
December 26, 2024  |  Retail

Boxing Day appears to be a muted affair for Great Britain’s merchants and shopping centers. Morning footfall on U.K. high streets was down 10.1% compared...

READ MORE >