PayPal and Venmo Users Can Access Perplexity’s Anticipated AI Browser
Perplexity’s newly launched artificial intelligence web browser, Comet, was previously available only with a $200-per-month subscription or a special invitation, but now PayPal and Venmo users will gain early access. Much like ChatGPT, Perplexity created a chatbot platform that users can query to receive detailed answers along with source links. Comet incorporates this functionality into […]
Stripe Leads Pushback Against JPMorgan’s Data Access Fees
Fintechs are pushing back against JPMorgan Chase’s data access fees, which could reach $300 million a year for some of the largest users. These charges would apply when fintechs access consumer account data via APIs or aggregators, for use in digital wallets and other open-banking services. The charges would start to apply this month. The […]
Big Banks Will Soon Rely Heavily on Developer Communities
Why have startup fintechs been able to make up so much ground on 150-year-old banks in recent times? To a great extent, it’s because they have built up developer portals. With open banking on the way, legacy banks face an imperative to build up and work with these developer communities. In a new report from […]