News

eCommerce
Soum Raises $18 Million to Expand ReCommerce in MENA
December 20, 2023

ReCommerce platform Soum has raised $18 million to expand through the Middle East. 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...

eCommerce
Grocers’ Competition for Digital SNAP Spending Heats Up
December 20, 2023

As grocers look to close the digital adoption tab between higher- and lower-income consumers, leading players in the space are increasingly adding new options for Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) recipients. Amazon, for its part, has been expanding its acceptance of SNAP...

B2B Payments
Layer2 Financial and Evita Partner on B2B Cross-Border Payments
December 20, 2023

Layer2 Financial has partnered with Evita to streamline and optimize the processes around B2B 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...

B2B Payments
Expensify Adds Budgeting Tool to Financial Management App for Businesses
December 20, 2023

Expensify added a budgeting tool to its financial management app for businesses. 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...

Biometrics
Biometrics in 2023: Reshaping Authentication, Igniting Debates and Driving Innovation
December 20, 2023

In a digital landscape increasingly defined by the surge of online and mobile shopping, consumer demand for flexible, secure and convenient ways to authenticate transactions is at an all-time high. Enter biometric authentication — a game-changing technology revolutionizing how transactions are verified using unique physical...

Artificial Intelligence
AI Needs Safety Standards and NIST Wants to Write Them
December 20, 2023

Despite its increasing popularity, generative artificial intelligence is still in its infancy. 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...

Regulation
Regulators Propose Policies for Managers of Open-Ended Funds
December 20, 2023

Two global financial regulators published policies designed to strengthen liquidity management by managers of open-ended funds (OEFs). 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...

Artificial Intelligence
AI Can’t Patent Inventions, UK Supreme Court Rules
December 20, 2023

The British court has ruled that a scientist cannot patent inventions created by an AI. 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,...

Payment Methods
Worldpay Helps UK Music Retailer HMV Expand Payments Choice
December 20, 2023

British music and entertainment retailer HMV has tapped Worldpay to help it expand in Europe. 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...