News

Artificial Intelligence
AI Opens Gold Rush in Niche Business Software Markets
December 12, 2024

Silicon Valley investors are seeing a wave of opportunities in specialized software for laundromats, chiropractors and other previously overlooked industries as artificial intelligence improves profit potential. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Retail’s Digital Transformation: On-Demand Working Capital Powers Expansion
December 12, 2024

Retailers face the daunting challenges of managing inventory, staff, storage, shelf space — and, in most cases, a digital storefront — all while gauging consumer demand, which can be seasonal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Artificial Intelligence
Adobe Takes Another Step in AI Push With Video Generation Tools
December 11, 2024

Adobe is expanding its artificial intelligence (AI) strategy with new premium video generation capabilities as the company builds on the success of its Firefly AI platform, which the company said has generated more than 16 billion pieces of content since launch. Get the Full Story...

Artificial Intelligence
States Lead AI Regulation Push as US Policy Interests Shift With New Administration
December 11, 2024

Nearly 700 AI bills surfaced in state legislatures in 2024, addressing issues from safety standards to deepfake controls. Colorado passed comprehensive legislation, while California vetoed a key bill, reflecting varied strategies as states fill the regulatory gap left by stalled federal action. Get the Full...

Banking
Basel Committee Debuts Credit Risk Guidelines for Banks
December 11, 2024

A global banking watchdog introduced new guidelines covering counterparty credit risk (CCR) management. 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....

Investments
Mynt Raises $23 Million to Expand Spend Management Solution in Europe
December 11, 2024

Mynt, a spend management solution focused on Nordic small- to medium-sized businesses (SMBs), raised 22 million euros (about $23 million) in a Series B funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Payment Methods
Why Payment Choice Can Make or Break Retail’s Holiday Season
December 11, 2024

There are more than a few factors tied to success during the holiday season. To put it mildly, the season is as much about stress as it is about giving. Merchants are tallying up the sales at the (virtual) registers as their transaction volumes take...

Payments Innovation
Mapping the Money: Why Payments Innovation Starts With the Customer Journey
December 11, 2024

As companies mull updates to their payments processes, the changes required to automate and digitize those (sometimes) analog interactions can prove daunting — and costly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Google Cloud and Swift Partner on AI Model Training
December 10, 2024

Google Cloud and Swift are working together to develop a secure, privacy-preserving solution for financial institutions that use federated learning techniques. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....