pymnts.com · Finance

Finance listings from pymnts.com on TechiSeek. 995 public listings.

• PYMNTS | Apple’s App Store Marks $1.4 Trillion Sales and Billing Mile… (pymnts.com)
  Apple says its App Store facilitated more than $1.4 trillion in developer sales/billings last year, with AI apps seeing the the most growth.
• CPI | EU Unveils Tech Sovereignty Plan to Reduce Reliance on US Provi… (pymnts.com)
  The EU unveiled an ambitious strategy to reduce its dependence on American technology companies amid growing geopolitical tensions.
• CPI | Supreme Court Sides With FCC in Dispute Over Wireless Carrier F… (pymnts.com)
  The US Supreme Court upheld the Federal Communications Commission's process for imposing financial penalties on telecommunications firms.
• CPI | DOJ and FTC Consider New Framework for Competitor Partnerships … (pymnts.com)
  Federal antitrust regulators are weighing a major update to how businesses evaluate partnerships and cooperative arrangements with rivals.
• PYMNTS | Kalshi Builds New Interface for Retail Power Users (pymnts.com)
  Kalshi is building a new interface designed for the most highly engaged retail traders using its prediction markets platform.
• PYMNTS | Nvidia Pays $400 Million for AI Software Firm Kumo (pymnts.com)
  Nvidia has reportedly acquired predictive artificial intelligence software startup Kumo AI for $400 million.
• PYMNTS | Fed Beige Book Puts the Consumer Divide in Plain View (pymnts.com)
  Consumer spending remains intact, but only because financially secure households continue carrying a disproportionate share of demand.
• PYMNTS | Fifth Third Adds Faster Pay and Digital Lending for SMBs (pymnts.com)
  Fifth Third has introduced a small business banking experience that combines digital lending, faster payments and local banker support.
• PYMNTS | Meta Eyes $200-Per-Month Price Tag for Hatch AI Agent (pymnts.com)
  Meta is weighing an up to $200-per-month subscription for its consumer artificial intelligence agent, Hatch.
• PYMNTS | Pinterest and AWS Sign $4 Billion Deal to Power Visual Search (pymnts.com)
  Pinterest has signed a $4 billion cloud services agreement with Amazon Web Services stretching through 2031.
• PYMNTS | Telecom’s 5G Hangover Mirrors CFO Modernization Fatigue (pymnts.com)
  The telecom sector’s warning about the operator burden of 5G’s complexity and expense is a broader lesson in enterprise modernization.
• PYMNTS | Google Wallet Moves Directly Into Retail Checkout Pages (pymnts.com)
  Google announced direct checkout, which brings payment options from a customer’s Google Wallet to a retailer’s checkout page.
• PYMNTS | Meta’s New AI Model in Limbo 2 Months After Release Pledge (pymnts.com)
  Meta has postponed plans to share its latest artificial intelligence models with developers several times.
• PYMNTS | Bank of America to Debut X-Border Real-Time Payments Tool (pymnts.com)
  Bank of America plans to launch a new cross-border real-time payments tool in the third quarter of this year.
• PYMNTS | Tech Layoffs Hit 2-Year High as Companies Embrace AI (pymnts.com)
  Technology companies in the United States announced 38,242 job cuts in May. AI was the main reason cited by employers for these layoffs.
• PYMNTS | PODCAST: Tempo’s Dan Romero on Crypto’s Barbell Economy (pymnts.com)
  As crypto splits into trading on one side and payments on the other, Tempo’s Dan Romero says the real contest is now over infrastructure.
• PYMNTS | SMBs Push Overseas as Payment Friction Threatens Cash Flow (pymnts.com)
  Mastercard’s Mike Kresse says many SMBs face confusing fees, FX costs and limited visibility when paying global suppliers.
• PYMNTS | Digital Currency Access Is a Credit Union Membership Issue (pymnts.com)
  Interest in digital currency is growing among younger credit union members, and digital wallets may be the best path to meeting that demand…
• PYMNTS | Every Instant Payout Is a New Customer Waiting to Happen (pymnts.com)
  New PYMNTS Intelligence research says the next growth opportunity for banks is the moment someone receives a payment.
• PYMNTS | Klarna Defends Customers Against Rising Impersonation Scams (pymnts.com)
  Klarna has launched a new security measure, Klarna Inbox, designed to protect its customers from impersonation scams.
• PYMNTS | Revolving Credit’s 10.4% Growth and Consumer Resilience (pymnts.com)
  The latest Fed report shows consumers continue to spend despite elevated borrowing costs, with revolving credit posting 10.4% growth.
• PYMNTS | Bank Workers Feel Unmoored as CEOs Talk AI-Related Cuts (pymnts.com)
  Recent comments from banking CEOs about artificial intelligence-related layoffs have reportedly left industry workers uneasy.
• PYMNTS | Paymentology CTO Says Meta Shows Limits of Stablecoin Payouts (pymnts.com)
  Meta offers stablecoin payouts, but Tim Joslyn of Paymentology argued this doesn't solve the problem of conversion to local currency.
• PYMNTS | Bank Tellers Play Detective in Face of Rising Fraud (pymnts.com)
  A five-fold increase in cybercrime losses has reportedly turned America’s bank tellers into quasi-detectives.
• PYMNTS | Walmart Tries to Assuage AI Worries as Tech-Related Layoffs … (pymnts.com)
  Walmart gathered thousands of employees at its headquarters to drive home the message that AI would enhance, and not eliminate, their jobs.
• PYMNTS | Crypto World Braces for Failures as Bitcoin Falls Below $60K (pymnts.com)
  Bitcoin dropped below $60,000 last week, its lowest price in two years. And another downturn is happening across the cryptocurrency market.
• PYMNTS | New York Governor Weighs Signing Ban on Surveillance Pricing (pymnts.com)
  If New York’s governor signs a bill passed by the state legislature, businesses will be prohibited from using “surveillance pricing.”
• CPI | States Prepare Antitrust Challenge to Paramount-Warner Bros. De… (pymnts.com)
  A coalition of U.S. states is preparing a legal challenge aimed at blocking Paramount Skydance’s proposed $110 billion acquisition of...
• CPI | Epic Urges Supreme Court to Reject Apple’s Appeal in Ongoing Ap… (pymnts.com)
  Epic Games has asked the U.S. Supreme Court to decline Apple's request for a review of a lower court ruling that found the iPhone maker...
• CPI | Türkiye Opens Investigation Into Meta Over WhatsApp AI Integrat… (pymnts.com)
  Türkiye’s competition regulator has launched a formal investigation into U.S.-based technology company Meta, citing concerns that the...
• CPI | Bipartisan House Lawmakers Unveil Draft Bill to Limit State Reg… (pymnts.com)
  A bipartisan pair of US House lawmakers released draft legislation that would prevent states from enacting laws aimed specifically at...
• PYMNTS | GrubMarket Arms Food Distributor Sales Teams With New AI Age… (pymnts.com)
  GrubMarket has expanded its GrubMarket AI platform to include a Sales AI Agent designed for use by wholesale food distributors.
• PYMNTS | Apple Shows AI Siri and Investors Aren’t Impressed (pymnts.com)
  Apple unveiled Siri AI, saying it can answer questions from the web and draw from the user’s personal messages, emails and photos.
• PYMNTS | Alibaba CEO Takes Direct Control of New AI Business Unit (pymnts.com)
  Alibaba Group has formed a new business unit called Token Foundry as part of the company’s reorganization plan to strengthen its AI.
• PYMNTS | Amazon Deploys Alexa AI to Disrupt Print-on-Demand Market (pymnts.com)
  Amazon’s U.S. customers can now use the company’s AI-powered Alexa for Shopping to create custom designs to be printed on apparel.
• CPI | Paramount Seeks to Address Regulatory Concerns Over Warner Bros… (pymnts.com)
  Paramount Skydance Corp. has approached California regulators with proposed measures intended to ease antitrust concerns tied...
• PYMNTS | FDIC Stablecoin Plan Says Holders Don’t Get Deposit Insurance (pymnts.com)
  As the comment deadline arrives for the GENIUS Act, stakeholders are using the rulemaking process to shape how stablecoins will function.
• PYMNTS | New York Fed Finds Worst Financial Anxiety Since January 2023 (pymnts.com)
  The New York Fed found deterioration in households’ perceptions of their financial situation and in their year-ahead expectations.
• CPI | Italy Ends Meta WhatsApp AI Probe as EU Investigation Expands (pymnts.com)
  The investigation focused on concerns that Meta may have leveraged its market power by installing its AI assistant on WhatsApp.
• CPI | Both Left and Right in Washington Eye Public Equity Stakes in A… (pymnts.com)
  Both President Donald Trump and Senator Bernie Sanders have expressed interest in the U.S. to taking equity stakes in AI companies.
• PYMNTS | Meta Partners Best Buy to Showcase AI and VR Products (pymnts.com)
  Best Buy announced the launch of the “Meta Lab @ Best Buy” partnership, which involves establishing “900-square-foot experiential spaces.”
• CPI | Democrats Roll Out Wave of AI Bills as Voter Concerns Mount (pymnts.com)
  Democratic lawmakers are proposing laws aimed at regulating AI amid pressure from voters concerned with the impact on their communities.
• CPI | House Judiciary Committee Report Accuses NFL of Misusing Antitr… (pymnts.com)
  A newly released report from the House Judiciary Committee argues that the NFL has expanded far beyond its special antitrust exemption.
• CPI | UK Regulator Opens Investigation Into eBay’s $1.2 Billion Depop… (pymnts.com)
  The United Kingdom’s competition watchdog has launched an investigation into eBay’s planned $1.2 billion acquisition of fashion resaler Dep…
• PYMNTS | Conference Board Says Easier Hiring Signals Upcoming Weakness (pymnts.com)
  The labor market remains resilient, though there were signs in May that employment may decrease, The Conference Board said.
• CPI | French Telecom Giants Face Lengthy Antitrust Scrutiny Over Plan… (pymnts.com)
  Bouygues, Orange and Free are preparing for a complex antitrust review of their acquisition of SFR in a major test of telecom consolidation.
• PYMNTS | Defense Tech Firms VisionWave and Foresight Form Pact (pymnts.com)
  Defense technology firm VisionWave is investing $17 million in Foresight, which makes 3D perception systems.
• PYMNTS | Why Stablecoins Are a Money Story, Not a Consumer Story (pymnts.com)
  Stablecoins, tokenized deposits and other forms of digital money represent new settlement technologies, changing how money moves.
• PYMNTS | Reset Raises $6M to Bring Earned Wage Access to Credit Unions (pymnts.com)
  Embedded earned wage access platform Reset announced Monday (June 8) that it raised $6 million in a seed funding round.
• CPI | Preparing for Mythos and Enhanced AI-Enabled Cyber Threats: UK … (pymnts.com)
  By: Robert Maddox, Andrew Lee & Martha Hirst (Debevoise & Plimpton) This piece for Debevoise & Plimpton by authors Robert Maddox, Andrew