News

IPO
FinTech IPO Index Breaks Even Despite Volatile Trading Week
September 13, 2024

Economic data remained the key driving force behind stocks this past week, and the FinTech IPO Index was no exception. But despite volatile trading action throughout the group, the Index was flat, up a scant 0.06%. Get the Full Story Complete the form to unlock...

Loyalty & Rewards
Rewards Network CEO Focuses On Filling Empty Seats at ‘Neighborhood Gems’
September 13, 2024

Delivery services saved restaurants during the pandemic, and it’s a habit that has proven its staying power as seen in the continued success of Instacart, Door Dash, Uber Eats and a host of local options. “But what people really want,” Rewards Network CEO Ed Eger...

Investments
Report: UAE State-Backed Investment Company MGX Considers Investment in OpenAI
September 12, 2024

MGX, a United Arab Emirates (UAE) state-backed technology investment company, is reportedly considering participating in a multibillion funding round for OpenAI. 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...

Artificial Intelligence
Proposed Commerce Dept AI Rule Could Hike Costs for Small Businesses, Experts Warn
September 12, 2024

A new Commerce Department proposal requiring detailed reporting from artificial intelligence (AI) firms threatens to saddle the industry with hefty compliance costs and potentially drive companies to relocate, experts warn, as the U.S. government seeks tighter oversight of the rapidly evolving technology sector. Get the...

B2B Payments
This Week in B2B: Embracing Automation, Digitizing Payments, Unlocking Value
September 12, 2024

Digital transformation is a one-way street and a two-way journey — particularly within B2B. 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
Google Gives $10 Million to Help Small Businesses Use AI
September 12, 2024

Google has introduced a pair of initiatives to help small businesses integrate artificial intelligence (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, PYMNTS...

Investments
Illuma Labs Raises $9 Million for Bank Voice Verification
September 12, 2024

Illuma Labs has raised $9 million to speed the development of its voice verification tools. 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,...

B2B Payments
Taking Control of Costs: New Tech Makes Business Spend Management Easier
September 12, 2024

For corporates, the goal, especially in the current inflationary environment, is to squeeze margins higher. There are two levers to pull, ideally working simultaneously: increasing sales momentum, and being judicious on costs. Get the Full Story Complete the form to unlock this article and enjoy...

Banking
UK’s Smaller Banks Could Benefit From New Capital Rules
September 12, 2024

New capital requirements could help Great Britain’s smaller lenders compete in the country’s mortgage market. 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,...