TikTok is reportedly working to entice established brands into selling on TikTok Shop. The new program in the United States, known as Project Horizon, is calling on 100 eCommerce agencies to each recruit dozens of brands with at least $10 million in annual sales on other platforms like Amazon and Shopify, The Information reported
The post TikTok Courts Brands to Become Shop Sellers appeared first on PYMNTS.com. Medical-focused artificial intelligence (AI) startup OpenEvidence has reportedly raised $250 million in new funding. The round values the company—dubbed the “ChatGPT for doctors”—at $12 billion, company officials told CNBC Wednesday (Jan. 21). OpenEvidence, founded in 2022, offers a chatbot for doctors, with AI models trained on data from leading scientific journals, Founder Daniel Nadler
The post OpenEvidence Raises $250 Million for Medical Insights AI Platform appeared first on PYMNTS.com. JPMorgan Chase CEO Jamie Dimon said a 10% credit card interest rate cap would be catastrophic, Reuters reported Wednesday (Jan. 21). Speaking at the World Economic Forum in Davos, Switzerland, Dimon said Wednesday (Jan. 20) that while his bank would weather the disaster, most consumers in the United States would not be as lucky,
The post JPMorgan CEO Says 10% Rate Cap Would Hurt 80% of Americans appeared first on PYMNTS.com. OnePay and Klarna have partnered to enable the users of the OnePay Cash financial services platform to convert recent purchases into fixed-term payment plans. This ability to choose after checkout to pay over time will be available for eligible debit purchases, the companies said in a Tuesday (Jan. 20) press release. Dubbed “Swipe to Finance,” the feature will be powered by OnePay’s experience as a
The post OnePay and Klarna Let Consumers Convert Purchases Into Payment Plans appeared first on PYMNTS.com. Artificial intelligence startups OpenAI and Anthropic will be competing for enterprise clients this year, CNBC reported Wednesday (Jan. 21). Both companies are looking to increase their market share in this segment, the report said, citing interviews with company executives. OpenAI Chief Financial Officer Sarah Friar told CNBC in an interview that she expects the
The post OpenAI and Anthropic Compete for Enterprise Clients appeared first on PYMNTS.com.PYMNTS.com The latest global news and analysis in payments, retail, fintech, financial services and the digital economy.
FinTecBuzz Fintech News
- Orion Financial to Deploy Scienaptic AI for Advanced Credit Underwriting
by BusinessWire on January 21, 2026 at 5:30 pmScienaptic AI, a global leader in AI-powered credit decisioning, today announced that Orion Financial, headquartered in Memphis, Tennessee, will deploy the Scienaptic AI platform to strengthen credit underwriting, modernize lending operations, and responsibly expand access to credit for its members. With more than six decades of service, Orion Financial (“Orion”) has built a reputation as a trusted financial partner for individuals and families across the Mid-South. Founded in 1957, the credit union today serves more than 75,000 members... The post Orion Financial to Deploy Scienaptic AI for Advanced Credit Underwriting first appeared on FinTecBuzz.
- Vergent Appoints John Martinez as Chief Transformation Officerby BusinessWire on January 21, 2026 at 5:00 pm
Vergent, a complete, end-to-end lending platform, has announced the appointment of John Martinez as Chief Transformation Officer. John brings nearly three decades of executive leadership and operational experience in sub-prime and alternative financial services, with deep expertise in digital lending, omnichannel transformation, operational scaling, and portfolio growth. In his new role, John will serve as a strategic bridge between Product, Technology, Client Operations, Sales, and Vergent’s clients, ensuring the platform and services align with real-world lender needs and... The post Vergent Appoints John Martinez as Chief Transformation Officer first appeared on FinTecBuzz.
- Fortrade (DIFC) Limited Secures DFSA Regulation Within Dubai’s Financial Hubby PRNewswire on January 21, 2026 at 4:30 pm
Fortrade has announced that its Dubai-based entity, Fortrade (DIFC) Limited, has been granted regulatory authorisation by the Dubai Financial Services Authority. The license places the company within the regulatory framework of the Dubai International Financial Centre, one of the region’s most established international financial hubs. The development reflects Fortrade’s continued focus on operating within recognised regulatory environments and strengthening its presence in the region through a structured and transparent market framework. Chris Warburton, CEO of Fortrade, stated that the DFSA authorisation... The post Fortrade (DIFC) Limited Secures DFSA Regulation Within Dubai’s Financial Hub first appeared on FinTecBuzz.
- RiskExec® Reinforces Bank-Grade Security with SOC 2 Type II Examinationby PRNewswire on January 21, 2026 at 4:00 pm
Independent audit validates RiskExec's security and operational controls over time, supporting vendor risk, audit, and examiner expectations. The post RiskExec® Reinforces Bank-Grade Security with SOC 2 Type II Examination first appeared on FinTecBuzz.
- GTCR Completes Sale of Worldpay to Global Paymentsby PRNewswire on January 21, 2026 at 3:30 pm
GTCR, a leading private equity firm, announced today that it has closed the previously announced sale of Worldpay (the “Company”), a global leader in merchant acquiring and payments processing, to Global Payments (NYSE: GPN) as part of a transformative three-way transaction. The sale of Worldpay represents one of the largest strategic sales in the history of the private equity industry. In April 2025, GTCR signed a definitive agreement under which Global Payments agreed to acquire Worldpay... The post GTCR Completes Sale of Worldpay to Global Payments first appeared on FinTecBuzz.