News

Artificial Intelligence
OpenAI to Release Thinking ‘Strawberry’ AI Model Within 2 Weeks
September 10, 2024

OpenAI reportedly plans to release its new artificial intelligence model, Strawberry, in the next two weeks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Faster Payments
First Citizens Offers Instant Payments via RTP Network
September 10, 2024

First Citizens Bank now lets customers receive instant payments via the RTP network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Investments
Glean Raises $260 Million to Expand Work AI Platform
September 10, 2024

Glean has raised $260 million in a Series E funding round to accelerate its artificial intelligence (AI) innovation, customer acquisition and global expansion of its Work AI platform for enterprises. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Artificial Intelligence
AI Takes the Wheel in Travel Planning
September 10, 2024

Artificial intelligence is reshaping the travel industry, with Greece introducing an AI-powered travel assistant named Pythia and Google showcasing its Gemini AI system at an industry event in Malaysia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Regulation
US Accounting Giants Ready Themselves for New Quality Control Standards
September 10, 2024

Where there is smoke, there tends to be fire. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...

Delivery
Instacart Aims to Cement Online Grocery Presence by Converting Casual Users Into Regulars
September 10, 2024

Instacart is ramping up its efforts to capture and keep customers as it aims to cement its status in the online grocery sector. The company is concentrating on two primary objectives: bringing in new users, elevating engagement with its current clientele, and creating “habituated customers.”...

Security & Fraud
FBI Says 50% of All Financial Fraud Losses Involve Cryptocurrency
September 09, 2024

The number of cryptocurrency-related complaints accounted for 10% of all financial fraud complaints but 50% of the total losses in 2023. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Bankruptcy Filing Highlights Deep-Rooted Issues in Big Lots’ Business Model
September 09, 2024

As Big Lots embarks on a Chapter 11 restructuring and prepares for acquisition by Nexus Capital Management, retail analysts are evaluating the company’s future amid a challenging market. They note this bankruptcy filing not only signals deep-rooted issues in Big Lots’ business model, but also...

Investments
Atomico Raises $1.24 Billion to Invest in European Technology Companies
September 09, 2024

Atomico raised $1.24 billion for two funds to invest in European technology companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....