News

Artificial Intelligence
Banks Tap AI to Navigate Regulatory Maze of Managing Vendor Contracts
January 23, 2024

Michael Berman, CEO of Ncontracts, told PYMNTS that financial institutions (FIs) are grappling with the increasing burdens of vendor lifecycle management.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cross-border Payments
ISO 20022 Can Help Solve X-Border ‘Failed Payments’ Frictions, But Challenges Remain
January 22, 2024

The farther payments travel, the greater the potential is for failure. 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...

Artificial Intelligence
IMF Lays Out 5-Point AI Regulation Action Plan
January 22, 2024

2023 saw governments around the world grapple with the commercial emergence of artificial intelligence (AI).  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....

Payment Methods
Affluent Consumers Most Likely to Use Store Card Installment Plans
January 22, 2024

In recent years, split-pay options have gained popularity among consumers of all demographic groups looking for greater flexibility in managing their expenses. Among all consumer segments, the leading users of installment purchase plans are neither millennials nor lower-income earners but high-income consumers. Get the Full...

Fintech Investments
Visa Canada and Plug and Play Partner to Support FinTechs
January 22, 2024

Visa Canada will support the entrance of accelerator and venture capital (VC) firm Plug and Play into the Canadian FinTech market. 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...

Artificial Intelligence
Demystifying AI: The Probability Theory Behind LLMs Like OpenAI’s ChatGPT 
January 22, 2024

When a paradigm shift occurs, it is not always obvious to those affected by it.  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,...

Artificial Intelligence
Cornell University Finds Few Companies Disclosing AI Influence on Hiring
January 22, 2024

Six months after the implementation of New York’s City’s artificial intelligence (AI) hiring law, only 18 out of 391 employers analyzed by researchers at Cornell University have complied with the requirement. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Payment Methods
Fiserv’s uChoose Lets BP and Amoco Customers Pay at the Pump
January 22, 2024

Fiserv says members of its uChoose program can now use card reward balances to buy gas. 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,...

Retail
How Retailers Are Folding GenAI Into Their 2024 Playbook 
January 22, 2024

In the world of retail, generative artificial intelligence (AI) has taken up the conversation.  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...