News

B2B Payments
AI Validates Trading Partners While Playing Role of B2B Fraud Fighter
December 16, 2024

The paper check endures, perhaps bafflingly so, in the digital age. There are easier ways to pay, of course, but for commercial transactions, the paper check remains entrenched as a key way to get funds from buyers to suppliers. In fact, as PYMNTS Intelligence has...

Retail
ThredUp CTO Says Data Turns Secondhand Retail Into Top-Shelf Experience
December 16, 2024

The resale retail sector, once considered a niche market fueled by thrifty shoppers and vintage enthusiasts, has emerged as a multibillion-dollar industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Artificial Intelligence
Goldman Sachs: Just 6.1% of American Companies Using AI 
December 15, 2024

New research from Goldman Sachs shows muted artificial intelligence (AI) use at American 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...

Artificial Intelligence
Musk Offers Free Access to Grok-2 AI Chatbot to X Users
December 15, 2024

Elon Musk is offering users of his social media platform free access to his artificial intelligence (AI) chatbot. 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
OpenAI Pitches Its Usefulness to Trump Amid Musk Rivalry
December 15, 2024

There’s a new variable in the Sam Altman/Elon Musk rivalry: President-elect Donald Trump. 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....

Delivery
‘I Do’ Delivered: DoorDash’s Bridal Offering Shows eCommerce Knows No Limits
December 14, 2024

Competition is a click away in commerce, and traditional barriers to purchase can send customers shopping elsewhere. 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...

Investments
Report: Databricks Close to Raising Record $9.5 Billion Amid AI Boom
December 13, 2024

Databricks reportedly is close to raising $9.5 billion in a funding round, a feat that would create one of the largest-ever venture capital funding rounds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
OpenAI Says Deployment of Telemetry Service Caused 3-Hour Outage
December 13, 2024

OpenAI said its deployment of a new telemetry service caused a three-hour outage of all its services Wednesday (Dec. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Payments Innovation
How Big Tech’s XR Push Could Redefine Both Payments and AI
December 13, 2024

The connected economy might be making a jump from end-users’ hands to their faces. 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...