Thursday, February 27, 2025

Expensify CEO Says Company Is Gunning for ‘AI Supremacy’ in FinTech
Venture capital investors once claimed that FinTech was eating the world, but now it appears that artificial intelligence (AI) is eating FinTech. That, at least, was the message shared Thursday (Feb. ...

Amazon’s Alexa+ Reflects PYMNTS’ 2023 Insights on the Future of Voice Technology
With Alexa receiving a refresh on Wednesday (Feb. 26), it was interesting to revisit research published by PYMNTS in April 2023. A PYMNTS Intelligence report, “How Consumers Want to Live in the Voic...

Report: Meta Looks to Raise $35 Billion to Develop Data Centers
Meta is reportedly in talks to raise $35 billion to help finance the development of data centers in the U.S. The talks are at an early stage and there’s no certainty a deal will be reached, Bloomb...

OpenAI Begins Rollout of GPT-4.5, a ‘Different Kind of Intelligence’
OpenAI released GPT-4.5 Thursday (Feb. 27) as a “research preview,” saying this is the company’s largest and most knowledgeable model so far. The new model builds on GPT-4o, scales pre-training ...

SEC to Consider How to Harmonize AI-Related Disclosures Across Industries
Artificial intelligence (AI) and retail investor fraud will be the topics of two panels that will be organized by the Securities and Exchange Commission’s (SEC) Investor Advisory Committee (IAC) a...

Flexa Adds Tap to Pay Support to Digital Currency Acceptance Platform
Flexa has added tap-to-pay support to its digital currency acceptance platform, enabling users to pay with crypto at retail locations using NFC-enabled hardware wallets. With this solution, users don�...

Regulation Become Crucial as Stablecoins Push Payments Frontier
The stablecoin market is positioning itself as at the forefront of payments innovation, and that forefront is at an inflection point. On Tuesday (Feb. 25), Bank of America’s CEO Brian Moynihan said ...

Fintech Airwallex Expands Cross-Border Payments Capabilities for New Zealand’s Businesses
Global fintech Airwallex has launched in Aotearoa, marking a key milestone in its mission to provide businesses with innovative financial solutions. With a commitment to supporting New Zealand’s bus...

Milo Surpasses $65M Crypto Mortgage Volume, Indicating Real-World Utility for Digital Assets
Milo, a financial technology company and the enabler of crypto mortgage lending, has reportedly achieved a key milestone by “surpassing $65 million in total loan volume for its crypto mortgage offer...

Clara Teams Up with Regtech Sumsub to Accelerate Clients’ Business Growth Across LatAm
Clara will now aim to offer its customers throughout Mexico, Colombia and Brazil Sumsub’s “full-cycle” verification platform and KYC/AML compliance expertise. Sumsub, a verification and complian...

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Thursday, February 27, 2025

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