News

Artificial Intelligence
Elon Musk’s xAI Aims to Raise $1 Billion
December 05, 2023

Elon Musk’s artificial intelligence company, xAI, aims to raise $1 billion in funding from equity investors. 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,...

Payment Methods
PayPal Business Revamp Expected by March
December 05, 2023

PayPal is reportedly working to add new features, with a special focus on improving the checkout experience. 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...

B2B Payments
Capchase Debuts Invoicing Tool as Delayed Payments Rise
December 05, 2023

Revenue acceleration platform Capchase has debuted an invoice collection tool for Software-as-a-Service (SaaS) 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. By...

Artificial Intelligence
Microsoft to Add OpenAI’s Latest Models to Copilot
December 05, 2023

Microsoft announced new features it will add to its artificial intelligence (AI) experience, Copilot, in 2024. 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...

Investments
Omniful Raises $5.8 Million to Launch eCommerce Platform
December 05, 2023

Omniful, an eCommerce/supply chain startup, has reportedly emerged from stealth with $5.85 million in funding. 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
From Bytes to Breakthroughs: Where AI Could Drive Logistics in 2024
December 05, 2023

Intersections and inflection points are increasingly defining the industrial economy’s future. 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...

B2B Payments
Extend and Concur Invoice Collaborate on Virtual-Card-as-a-Service Solution 
December 05, 2023

Extend, a virtual card and spend management platform, has announced its integration with Concur Invoice, providing customers with a virtual-card-as-a-service solution.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Banking
Wells Fargo Job Cuts Could Cost Bank Nearly $1 Billion
December 05, 2023

Wells Fargo will reportedly incur greater-than-expected expenses from severances tied to recent job cuts. 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....

Artificial Intelligence
IBM, Meta Launch 50+ Member Alliance Promoting Open-Source AI Development 
December 05, 2023

How do you safely develop and responsibly profit from an innovation like 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,...