News

Artificial Intelligence
Lemonade Expects Generative AI to Improve Business Processes and Profits
May 03, 2023

Insurance company Lemonade expects generative AI to automate and improve 100 of its business processes. 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
‘Godfather’ of Neural Networks Changes His Mind About AI’s Potential
May 03, 2023

Generative artificial intelligence (AI) captured the public imagination by trying to model and recreate 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,...

Retail
Convenience Drives Grocery Shopping Choices for 8 in 10 Consumers
May 03, 2023

As consumers weigh where to buy their groceries, ease and convenience are the top priorities. 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,...

Loyalty & Rewards
Popular Restaurants Using Aggregators Lose Key Loyalty Opportunities
May 03, 2023

With restaurant aggregator customers typically ordering from the same few spots, eateries are missing out on a valuable opportunity to build direct digital relationships with consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Kroger Teams with Uber Eats in Bid for Greater Share of Food Spend
May 03, 2023

In an effort to embed its offerings more deeply in consumers’ day-to-day routines, The Kroger Co.is expanding its digital presence beyond grocery. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Artificial Intelligence
Fortellix Raises $43 Million to Expand Its Automatic Driving Validation Tech
May 03, 2023

Fortellix has raised $43 million to expand its products for the automated driving sector. 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....

B2B Payments
Provi Expanding B2B Payment Platform for Alcohol Beverage Industry
May 03, 2023

Provi is expanding its electronic payment offering designed for the beverage alcohol industry. 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 Economist: AI Will Be Dangerous in the Wrong Hands
May 03, 2023

Microsoft’s chief economist says illegal artificial intelligence use is a matter of “when,” not “if.” 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
OpenEnvoy Raises $15 Million to Grow AP Automation Solution
May 03, 2023

OpenEnvoy has raised $15 million in Series A financing to grow its accounts payable (AP) automation 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. yesSubscribe to our...