News

Security & Fraud
SEC: Investment Advisers Made Phony AI Claims
March 18, 2024

Federal regulators have charged two investment advisers with making fraudulent claims about their AI usage. 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
YouTube Details New Rules Requiring Creators to Disclose AI-Generated Content
March 18, 2024

YouTube is rolling out new rules that will require creators to disclose to viewers when realistic content is made with altered or synthetic media, including generative artificial intelligence (GenAI).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
As Shoppers Cut Back, Retailers Focus on Big Spenders
March 18, 2024

With economic pressures squeezing the lower and middle classes’ budgets, brands and retailers are setting their sights on the shoppers who still have cash to burn. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
FlexPoint Raises $35 Million for Payments Automation Platform
March 18, 2024

FlexPoint has raised $35 million in debt and equity to grow its payments automation platform that serves managed services providers (MSPs) and their business clients.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

eCommerce
FedEx and Amazon Explored Partnership in eCommerce Returns Last Year
March 18, 2024

FedEx and Amazon reportedly engaged in discussions last year about a potential partnership to handle the increasing volume of eCommerce returns. 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...

Artificial Intelligence
Musk’s xAI Unveils Open-Source AI Chatbot Grok-1
March 18, 2024

Elon Musk has officially unveiled his open-source artificial intelligence (AI) model. 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...

Security & Fraud
Nacha Expands Receiving Depository Financial Institutions’ Role in Fighting Fraud
March 18, 2024

Receiving depository financial institutions (RDFIs) now have a defined role in monitoring the ACH payments they receive. 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...

Banking
Citi’s Tuum Investment Changes Cloud Core Banking Dynamic
March 18, 2024

Embedded payments, embedded lending and a continuing shift to virtual cards all demand a reconsideration of technical infrastructure. 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...

Retail
Retailer Concerns About Organized Crime Escalate Amid Ongoing Losses
March 18, 2024

As retailers face ongoing margin pressures from a difficult economic environment, many are growing increasingly concerned about the losses they may be accruing from theft from organized crime gangs.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...