News

Artificial Intelligence
Visa Launches Advisory Practice to Help Clients Use Generative AI
November 08, 2023

Visa launched its AI Advisory Practice, which aims to provide actionable insights and recommendations to help clients use generative 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...

Payment Methods
PayFacs Boost Revenue by Improving Customer Experience
November 08, 2023

Payment facilitators (PayFacs) are entities that enable their customers to accept electronic transactions using the payment facilitator’s platform, which has control of the end-to-end transactions. Examples of PayFacs include Square, Stripe and PayPal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Main Street Meets Luxury Consignment Shops With a High-Tech Update
November 08, 2023

Luxury consignment is a thriving niche within the fashion industry, offering a sustainable and cost-effective way for consumers to access high-end, designer products at more affordable prices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
The RealReal Gets Real Revenue From Advertising
November 07, 2023

The RealReal has been doing a lot of cleanup in 2023, and the luxury consignment shop is hopeful to see the fruits of its labor in the first half of 2024. This update comes directly from the company, which released its earnings report on Tuesday...

Investments
Black Ore Raises $60 Million and Debuts AI Tool for Accountants
November 07, 2023

Artificial intelligence (AI) startup Black Ore emerged from stealth after raising $60 million. 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
How Harnessing AI-Generated Code Can Accelerate Digital Transformations
November 07, 2023

Don’t bite the hand that feeds you, said the Greek poet Sappho around 600 B.C. 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,...

Investments
Refurbed Raises $57 Million to Promote Sustainability in Europe
November 07, 2023

Refurbed, an Austria-based online marketplace that sells refurbished electronics in Europe, raised $57 million in a Series C round. 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...

Investments
Enable Raises $120 Million for B2B Rebate Management Platform
November 07, 2023

San Francisco-based B2B rebate platform Enable has closed a successful Series D funding round, raising $120 million and achieving a valuation of $1.12 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
IBM Launches $500 Million Venture Fund to Fuel Innovation in Enterprise AI
November 07, 2023

IBM is launching a $500 million venture fund to invest in artificial intelligence (AI) 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...