News

Faster Payments
80% of Truckers Cite Convenience as Instant Payments Preference
May 28, 2024

Who doesn’t like getting paid instantly? According to PYMNTS Intelligence data, roughly a third of all U.S. consumers now select instant payouts when they are available, and even more tellingly, 78% would choose instant payments if given the option. Get the Full Story Complete the...

eCommerce
Report: India’s Adani Exploring eCommerce and Payments Business
May 28, 2024

Indian conglomerate Adani is reportedly in discussions to enter the eCommerce and payments space. 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
OpenAI Overhauls AI Safety Efforts, Races to Develop ChatGPT Successor
May 28, 2024

OpenAI, the company behind ChatGPT, is making changes. 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...

Payments Innovation
Spreedly President: Companies Need to Pivot to Match Consumer Spending Trends
May 28, 2024

With economic headwinds picking up, consumer spending behavior is poised to shift as households tighten their belts in some categories and economists try to make sense of the short-term and long-term future. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
The New Operating System for B2B: Payments, Software and Data
May 28, 2024

There’s no shortage of complexities when it comes to the business relationship between buyers and sellers. 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...

Payments Innovation
Pay-by-Bank Solutions Signal New Era of Payments
May 28, 2024

Solutions in search of problems rarely scale — something especially true when it comes to payments, where the focus remains on enhancing user experience and efficiency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
M&T Bank Taps Rich Data Co for AI Decisioning Platform
May 27, 2024

Rich Data Co. (RDC) has taken another step in the global expansion of its artificial intelligence (AI) decisioning platform for business and commercial lenders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Elon Musk’s Startup xAI Raises $6 Billion to Accelerate R&D
May 27, 2024

Elon Musk’s artificial intelligence (AI) startup xAI has raised $6 billion in a Series B funding round, giving it a pre-money valuation of $18 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Rows Raises $8.7 Million to Expand AI-Powered Spreadsheet App
May 27, 2024

Rows has raised 8 million euros (about $8.7 million) to expand its cloud-based, artificial intelligence (AI)-powered spreadsheet app. 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...