News

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...

Investments
Paymob Raises $22 Million to Expand in Egypt and GCC Countries
September 11, 2024

Financial services enabler Paymob raised another $22 million to expand its offering in its core market of Egypt and its newer markets in Gulf Cooperation Council (GCC) countries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Artificial Intelligence
What OpenAI’s Rumored Strawberry ChatGPT Upgrade Could Mean for AI
September 11, 2024

OpenAI is reportedly set to release “Strawberry,” an advanced AI model, sparking excitement — and curiosity — about its potential to advance machine reasoning. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Fast Fashion? Zara to Bring Pre-Owned Clothing Service to US
September 11, 2024

Fast-fashion brand Zara is bringing its secondhand clothing marketplace to the U.S. 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
Australia and US Propose Oversight as Industry Urges California AI Bill Signing
September 11, 2024

Artificial intelligence experts are advocating for safety legislation in California, while Australia is introducing a national AI regulation plan, marking a worldwide trend toward increased AI governance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...