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Cryptocurrency thefts crept up this year amid a rise in hacks from North Korea.
That’s according to findings released Thursday (Dec. 18) by blockchain data platform Chainalysis, showing that the crypto industry saw more than $3.4 billion theft from January of this year through the early part of September.
Nearly half of that total — $1.5 billion — came from a single incident, the...
OpenAI announced on Wednesday (Dec. 17) the launch of OpenAI Academy for News Organizations, an online learning hub designed to help journalists, editors and publications integrate artificial intelligence (AI) into newsroom workflows.
The initiative arrives as generative AI companies face rising legal scrutiny from major news publishers, highlighting both opportunities and tensions in...
OpenAI reportedly aims to raise as much as $100 billion at a valuation of about $750 billion.
The artificial intelligence (AI) startup is in early talks with investors about a funding round, and nothing has been finalized, The Information reported Wednesday (Dec. 17), citing unnamed sources.
OpenAI did not immediately reply to PYMNTS’ request for comment.
It was reported Tuesday (Dec....
Among retail’s most dominant themes in 2025 was that the next era of competition is about ecosystem control, not just operational excellence.
As 2026 approaches, Walmart and Amazon are focused on building monetization layers that sit on top of commerce: advertising, data, artificial intelligence (AI)-driven services, subscriptions and media-like distribution surfaces. The goal is not...
Personal finance firm SoFi has launched SoFiUSD, a dollar-pegged stablecoin.
The launch makes SoFi the first national bank to issue a stablecoin on a public, permissionless blockchain, the company said in a Thursday (Dec. 18) news release.
SoFi said the coin will allow it to act as a stablecoin infrastructure provider for banks, FinTechs, and enterprise platforms. Because SoFiUSD is on...
Credit union service organization (CUSO) Velera appointed Todd Lane, president and CEO of California Coast Credit Union, as a member of its board of directors.
Lane has served as an associate board member since 2021, Velera said in a Thursday (Dec. 18) press release.
“In his time as an associate director, he has played an integral role in our progress and been a trusted partner in...
UPS-owned reverse logistics company Happy Returns reportedly plans to use artificial intelligence to combat returns fraud.
The company is testing an AI fraud detection tool with some clients during the holidays to combat what it said is a $76.5 billion problem for retailers, Reuters reported Thursday (Dec. 18).
The National Retail Federation found that around $849.9 billion worth of...
Bitso Business’s stablecoin-powered payments platform is on track to process $82 billion in annualized total payment volume (TPV) this year.
The company has also seen growth in local real-time payments in Mexico, with its payout rails enabling transactions that reached $15.6 billion in annualized volume, Bitso Business said in a Thursday (Dec. 18) press release emailed to PYMNTS.
Bitso...
Wall Street began the year hopeful that 2025 would usher in a wave of dealmaking.
Dealmakers got their wish, as this year has seen an almost record-breaking number of mergers and acquisitions (M...
After weeks of a government shutdown, economic data continue to roll in, and the latest inflation figures sketch a picture that is far from definitive.
In a nutshell, and per Bureau of Labor Statistics data from Thursday (Dec. 18), price growth is cooling overall but leaving consumers still contending with higher costs for everyday essentials.
For households, the read-across is nuanced...