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The ChatGPT mobile app is reportedly earning more than six times as much revenue as it did last year.
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The artificial intelligence (AI) chatbot app for iOS and Android devices has made $1.35 billion this year, through July, up from the $174 million it made during the same seven-month period in 2024, TechCrunch reported Friday (Aug. 15), citing data from Appfigures.
The...
Routable added the FedNow® Service to the instant payment capabilities accessible through its accounts payable automation platform.
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The FedNow Service expands the availability of instant payments for customers who transact with smaller or regional banks. Routable customers can now send instant payments to 85% of bank accounts via FedNow and the RTP® network’s real-time...
The modernization of transportation isn’t just about the shiny new buses or autonomous pilot.
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The transformation of public systems that ferry millions of individuals across towns and cities lies with the plumbing that fuses digital scheduling with fare payments, letting agencies knit together subsidies, eligibility checks and rider wallets in one flow.
The PYMNTS...
The rush to integrate artificial intelligence (AI) into enterprise operations is colliding with a complex and sometimes underestimated reality: Deploying AI at scale can be pricey, and the true cost can extend far beyond the per-million-token rates on vendor websites.
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According to recent PYMNTS Intelligence data, the cost of deploying AI is the second biggest drawback...
Roblox responded Friday (Aug. 15) to a Louisiana lawsuit alleging that the company fails to protect children on its interactive online gaming platform.
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The lawsuit was filed Thursday (Aug. 14) by Louisiana Attorney General Liz Murrill, who alleged in a press release that Roblox fails to implement basic safety controls to protect the children using the platform from...
A federal appeals court ruled Friday (Aug. 15) that a lower court lacked the jurisdiction to temporarily block President Donald Trump’s firings of employees at the Consumer Financial Protection Bureau.
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The decision overturned a trial court’s decision in April that halted the dismissal of 1,500 CFPB employees, Reuters reported Friday (Aug. 15).
However, the appeals court...
Once the preserve of crypto traders seeking a dollar proxy, stablecoins are now poised to become the next contested layer of global finance.
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From Wall Street banks to Silicon Valley FinTechs, companies are increasingly interested in stablecoin infrastructure play. The emerging landscape reveals three themes: institutional adoption, competitive convergence and regulatory...
Saks Fifth Avenue’s new “hyper-personalized” homepage in its online and mobile app experience has improved conversion by nearly 10% and boosted revenue per visitor by 7%, according to the luxury retailer’s parent company, Saks Global.
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The new homepage uses machine learning algorithms and real-time customer behavior to create an experience that is unique to each customer...
Growfin and Zuora partnered to offer enterprise companies a collections and cash flow management solution powered by artificial intelligence.
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The solution uses agentic AI to help enterprise finance teams adapt to each customer’s behavioral collection signals and enhance the end-to-end order-to-cash process, the companies said in a Thursday (Aug. 14) press release.
The...
The July retail sales report showed solid spending overall, but a deeper dive into category-by-category spending reveals a bit of give and take.
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The households budgets in the paycheck-to-paycheck economy are still pinched, and consumers used July to stock up in a few key discretionary categories while dialing back on dining out.
The Census Bureau’s data, released...