PYMNTS News

Aveni Raises $14 Million to Bring AI to Financial Services
Aveni Raises $14 Million to Bring AI to Financial Services
July 29, 2024  |  Investments

Scottish FinTech Aveni has raised $14 million to bring AI to the financial services field. The company announced its Series A on Monday (July 29),...

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Bitcoin Jumps on Calls to Integrate Crypto Into US Asset Arsenal
Bitcoin Jumps on Calls to Integrate Crypto Into US Asset Arsenal
July 29, 2024  |  Cryptocurrency

The price of bitcoin hit a six-week high Monday (July 29). The alleged reason? Separate comments made over the weekend by presidential candidates Donald Trump...

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McDonald’s Sees ‘Trade Down’ as Paycheck-to-Paycheck Pressures Rise
McDonald’s Sees ‘Trade Down’ as Paycheck-to-Paycheck Pressures Rise
July 29, 2024  |  Earnings

McDonald’s sales fell for the first time since 2020 as lower-income consumers stayed home. The fast food giant released quarterly earnings Monday (July 29) showing a 1% dip...

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OpenAI Fires Shot at Google With AI-Powered ‘SearchGPT’
OpenAI Fires Shot at Google With AI-Powered ‘SearchGPT’
July 29, 2024  |  artificial intelligence

OpenAI’s new “SearchGPT” tool, launched Thursday (July 25), aims to shake up the eCommerce industry online with AI-powered product discovery and comparison. The prototype, available to...

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CSG CFO: ‘True Decision Support’ Is Digital Transformation’s Holy Grail
CSG CFO: ‘True Decision Support’ Is Digital Transformation’s Holy Grail
July 29, 2024  |  CFO

Today’s CFOs increasingly find themselves in a position to actively transform their companies. This emerging reality is rapidly transforming the nature of both the CFO...

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Apple Delays AI Features for New iPhone and iPad Software Updates
Apple Delays AI Features for New iPhone and iPad Software Updates
July 29, 2024  |  Apple

Apple Inc. has announced that its upcoming artificial intelligence (AI) features will be delayed and will not be included in the initial launch of the...

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Consumer Spending Remains Strong Despite Elevated Inflation
Consumer Spending Remains Strong Despite Elevated Inflation
July 29, 2024  |  Consumer Finance

Consumer spending has remained strong despite elevated inflation, surprising many economists. However, there are concerns about credit card delinquencies and lenders’ net charge-offs, which could...

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Huma’s 13-Year Journey to Creating a Global Healthcare Network
Huma’s 13-Year Journey to Creating a Global Healthcare Network
July 29, 2024  |  Healthcare

Digital innovation, no matter the sector, relies on scalable, secure and interoperable technological infrastructure. Within healthcare, where innovation is often spoken about but rarely fully...

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Thredd CEO Jim McCarthy on How Tokenization Has Changed Payments
Thredd CEO Jim McCarthy on How Tokenization Has Changed Payments
July 29, 2024  |  Real-Time Payments

True seismic shifts in payments occur over the course of years — not months. But, as Jim McCarthy, CEO of Thredd, told Karen Webster, the...

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