News

Payment Methods
Fed to Raise Payment Services Prices 1.8%, but FedNow Unaffected
November 17, 2023

The Federal Reserve Board has announced price changes for 2024 that will raise the price for established, mature services by an average of 1.8%. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
OpenAI Board Replaces Sam Altman as CEO, Saying New Leadership Needed
November 17, 2023

OpenAI has announced that Sam Altman will depart the company, leaving his positions as both CEO and a member of the board of directors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
Kyutai Launches as Europe’s First AI Open Research Lab
November 17, 2023

Kyutai has launched as what it says is the first European private-initiative laboratory dedicated to open research in 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...

Investments
Siena Raises $4.7 Million for Customer Service-Focused Autonomous AI Solution
November 17, 2023

Siena has raised $4.7 million to continue building its autonomous artificial intelligence (AI) solution for customer service. 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
Cut the Check: How Paperless Progress Future-Proofs B2B Payments
November 17, 2023

Money in and money out always matters, but cash flows come to the forefront in uncertain times. 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...

Europe
ECB President Christine Lagarde Says EU Needs Capital Markets Union 
November 17, 2023

European Central Bank President Christine Lagarde said the European Union (EU) needs a “European SEC” that will replace the region’s currently fragmented supervision with a more top-down approach like that of the United States Securities and Exchange Commission.  Get the Full Story Complete the form to unlock this article...

Artificial Intelligence
This Week in AI: Accelerationism, AGI and the Law
November 17, 2023

What could you do by your first birthday? 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, you...

B2B Payments
Businesses Shift From Paper Checks With Help From AI and Faster Payments
November 17, 2023

Drew Edwards, CEO of Ingo Money, told PYMNTS in a recent interview the landscape for business transactions is rapidly changing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Collaboration Creates Network Effects That Transform B2B Payments
November 17, 2023

Innovation in payments is a continuum, with incremental to transformational — and even disruptive — results. 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...