News

Banking
Bankruptcy Judge Reportedly Approves Sale of SVB Financial Group’s Investment Bank
July 05, 2023

A bankruptcy judge has reportedly approved the sale of SVB Financial Group’s investment bank to its managers. 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...

Artificial Intelligence
ChatGPT’s Success Hits a Speed Bump With Decreasing Traffic
July 05, 2023

It was only a few months ago in November that OpenAI released their ground-breaking ChatGPT chatbot, and since then the chatbot has enjoyed unprecedented success with more than 100 million monthly active users. Inevitably, with the advances in AI technology and the developments within open...

Artificial Intelligence
Authors’ Lawsuit Alleges OpenAI Violated Copyright Law in ChatGPT Training
July 05, 2023

Two authors have sued OpenAI, alleging the ChatGPT creator violated copyright law. 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...

Retail
Did Kroger Just Trade Debit Rewards for Digital Coupons and Credit?
July 05, 2023

Debit remains among consumers’ preferred payment methods, allowing them to spend only the funds on hand.  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...

Banking
Silicon Valley Bank Cautiously Restarts Lending Operations
July 05, 2023

Silicon Valley Bank (SVB) has reportedly — and carefully — reentered the startup/venture lending business. 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...

Artificial Intelligence
NYC Cracks Down on AI Use in Hiring Decisions
July 05, 2023

New York City has become the first city in America to regulate artificial intelligence (AI) use in hiring. 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
Accounting Platform Dougs Raises $27 Million After Self-Funding for 8 Years
July 05, 2023

After eight years of self-funding, French accounting startup Dougs has  raised its first outside financing. 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...

B2B Payments
BP Begins Rollout of Digital Payments Solution for Fleets
July 05, 2023

BP has begun its rollout of a digital payments solution for fleets. 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...

Investments
HealthTech Firm Neko, Co-Founded by Spotify CEO, Raises $65 Million
July 05, 2023

Swedish medical diagnostics company Neko Health has raised 60 million euros (about $65 million) to expand beyond its borders. 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...