News

Investments
WaveForms Raises $40 Million for Voice AI Offering
December 09, 2024

A veteran of OpenAI’s voice assistant project reportedly launched a similar effort of his own. 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
Reddit Launches Test of AI-Powered Search Tool
December 09, 2024

Reddit has launched a test of an artificial intelligence (AI)-powered conversational interface designed to answer questions by providing information and recommendations based on conversations and communities across its social media platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Artificial Intelligence
AI Explained: How Attention Mechanisms Took Over AI
December 09, 2024

In artificial intelligence, one breakthrough has quietly taken the spotlight: attention mechanisms. 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...

Cross-border Payments
Banks Eye Stablecoins to Accelerate Cross-Border Innovation
December 09, 2024

Few bottlenecks across the payments landscape have been more intractable than that of cross-border payments. 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,...

Banking
Revolut Aims to Become New Zealand’s First Global Digital Bank
December 09, 2024

Revolut’s ongoing expansion efforts have the U.K. FinTech focused on New Zealand. 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
AI Being Embraced at Twice the Speed of Web and PCs
December 09, 2024

New research shows AI being adopted by the public much faster than other tech. 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...

Cross-border Payments
Banks Fight Back: How Cross-Border Technology Is Challenging FinTech Disruptors
December 09, 2024

Global financial messaging network Swift said earlier this year that it was working with 25 financial institutions (FIs) and application providers on a “proof of value” initiative focused on improving front-end interactions, where the lower-end value transactions (defined as payments below the $100,000 threshold) is...

Artificial Intelligence
AI Adoption Still in ‘Very Early’ Stages, BlackRock Exec Says
December 08, 2024

Investment giant BlackRock expects 2025 to be a big year for infrastructure and cybersecurity. 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 Aiming to Eliminate Microsoft AGI Rule to Boost Future Investment
December 08, 2024

OpenAI could reportedly give Microsoft access to its as-yet-unrealized artificial general intelligence (AGI). 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....