News

Banking
57% of Americans Trust Financial Institutions to Protect Their Data
September 12, 2024

Open banking, which allows third-party providers to access banking data through secure application programming interfaces (APIs), has gained momentum globally as a means to enhance financial services. Recent U.S. regulatory developments may pave the way for increased adoption, particularly for real-time payments. Get the Full...

Artificial Intelligence
Connectly Raises $20 Million to Build Conversational Commerce Tools
September 11, 2024

Conversational commerce startup Connectly has raised $20 million in funding. 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 this...

Artificial Intelligence
Report: OpenAI Seeking $150 Billion Valuation in Funding Round
September 11, 2024

OpenAI reportedly aims to raise $6.5 billion from investors at a valuation of $150 billion. 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...

Banking
Report: EQT Looks to Sell Majority Stake in Banking Circle
September 11, 2024

Private equity firm EQT is reportedly looking to sell its majority stake in payments processor Banking Circle. 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
Goldman Sachs CEO Says Exit From Credit Partnership No ‘Messier’ Than Expected
September 11, 2024

Goldman Sachs CEO David Solomon reportedly said Wednesday (Sept. 11) that the bank’s exit from its credit partnership with General Motors is no “messier” than it expected. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Visa and KOTRA to Launch B2B Payment Platform in South Korea
September 11, 2024

Visa and the Korea Trade-Investment Promotion Agency (KOTRA) have partnered to launch a card payment platform for trade settlements in South Korea. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
Gusto Opens Waitlist for AI Assistant for Small Business Owners
September 11, 2024

Gusto will soon add an artificial intelligence-powered assistant called Gus to the human resources (HR), payroll, benefits and compliance platform and products it offers for small business owners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Artificial Intelligence
Nvidia Customers Get ‘Emotional’ as AI Chips Run Short
September 11, 2024

A limited supply of Nvidia’s chips has reportedly left its customers frustrated. 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 this...

Investments
VC Firm Upload Ventures Trades Credit FinTechs for AI Investments
September 11, 2024

Brazilian investment firm Upload Ventures is reportedly upping its artificial intelligence (AI) investments while avoiding credit FinTechs. 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...