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Financial operating system Flex has introduced its version of the Visa Infinite Business Credit Card. [contact-form-7] The launch, announced in a news release Monday (July 28), makes Flex the first U.S. FinTech in its category to roll out a Visa Infinite Business-branded credit card. “Visa Infinite Business is Visa’s highest small business card product and is typically reserved for...
Chinese artificial intelligence startup Z.ai, formerly known as Zhipu, reportedly said its new AI model costs less to use than DeepSeek. [contact-form-7] Z.ai’s new GLM-4.5 AI model costs 11 cents per million input tokens and 28 cents per million output tokens, CNBC reported Monday (July 28), citing its interview with Z.ai CEO Zhang Peng. For DeepSeek R1, those costs are 14 cents and $2...
At grocery stores in Norway, prices can change within a matter of seconds. [contact-form-7] As The Wall Street Journal (WSJ) reported Monday (July 28), these supermarkets employ electronic labels that adjust prices multiple times per day to keep up with competitors. Industry experts say it’s only a matter of time before this trend makes its way to the U.S. “All one has to do is visit...
Interactive Brokers Group is reportedly the latest financial giant eyeing the stablecoin space. [contact-form-7] The company is considering launching a stablecoin for its customers, though it has not decided how it will be offered, brokerage founder Thomas Peterffy told Reuters in an interview published Monday (July 28). The report notes that Interactive Brokers, with a market value of...
Mastercard has launched a service designed to protect account-to-account (A2A) payments against fraud. [contact-form-7] Mastercard A2A Protect, announced Monday and launching first in the U.K., is designed to offer fraud prevention technology and a “new clear” dispute resolution framework. “With Fast A2A comes fast fraud, and we owe it to consumers to have their back. Mastercard A2A...
Is your credit union innovating or just checking boxes? [contact-form-7] For credit unions, innovation isn’t a luxury; it’s a necessity. But many credit unions, especially those in the middle tier, are overestimating their progress while falling further behind top-tier competitors. This new PYMNTS Intelligence report, created in collaboration with Velera, reveals how innovation leaders...
Watch more: Marqeta: Stability Is Key to Thriving Through Market Turbulence The global economic landscape, shaped by tariffs and geopolitical flashpoints, is redrawing supply chains and exerting pressure on business models across sectors. [contact-form-7] This environment is impacting executives in the payments and digital economy. They need to make tough choices regarding technology...
A new report from PYMNTS Intelligence reveals a nuanced landscape of consumer shopping and payment habits, challenging some long-held assumptions about generational digital divides and highlighting the distinct influences of shopping channels on consumer choice. [contact-form-7] The “How People Pay: Payment Choice Depends on Shopping Channel” report, based on a November 2024 survey of 2...
Watch more: CFOs Prioritize B2B Payment Control as Economic Uncertainty Persists [contact-form-7] It’s not just cash and capital that are king for today’s chief financial officers. Against a backdrop of dynamic and ongoing uncertainty, visibility and control are surging to the top of the list of valuable commodities for finance leaders. “Payment control is becoming a key risk management...
Watch more: Visa Prepares Global Network for Agentic AI-Driven Commerce Boom [contact-form-7] All transactions, whether eCommerce or in brick-and-mortar settings, happen in a merchant’s environment. Click a buy button, or present a card at the register, and the conversion from browsing to buying is complete. But there’s a new wrinkle. It’s a semi-intelligent middleman, so to speak, that...