News

Investments
Sedric Raises $18.5 Million for AI-Powered Compliance Platform for Financial Institutions
September 05, 2024

Sedric AI has raised $18.5 million in a Series A funding round to continue developing and promoting its artificial intelligence (AI)-powered compliance platform for financial institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Drip Secures $113 Million to Grow Digital Trade Finance Platform
September 05, 2024

Drip Capital has secured $113 million in new funding to develop new products and to accelerate the growth of its digital platform for trade finance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Thoma Bravo Becomes Giant Tech Investor, Steers Clear of Blockchain
September 05, 2024

Thoma Bravo Founder and Managing Partner Orlando Bravo said Thursday (Sept. 5) that while blockchain technology has promise, he and his firm are steering clear of companies and products in that space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Loyalty & Rewards
DOT Launches Inquiry Into Rewards Programs of 4 Airlines
September 05, 2024

The Department of Transportation (DOT) has launched an inquiry into the rewards programs of the four largest U.S. airlines, saying it aims to protect customers from practices that are potentially unfair, deceptive or anticompetitive. Get the Full Story Complete the form to unlock this article and...

B2B Payments
This Week in B2B: Partnerships, Payments and Process Improvements
September 05, 2024

The future of B2B payments lies in automation, not administration. 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
AI Drug Discovery Trial Reveals Promise and Challenges of Using the Tech
September 05, 2024

As artificial intelligence (AI) promises to remake drug discovery, recent clinical trial results reveal its potential and challenges. 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...

B2B Payments
Paystand Expands Its B2B Payments Service to Canada
September 05, 2024

Paystand says it is expanding its zero-fee B2B payments network to Canada. 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
Report: OpenAI Considers $2,000 Monthly Subscription Prices for New LLMs
September 05, 2024

OpenAI executives are reportedly considering subscription prices as high as $2,000 per month for the company’s upcoming large language models (LLMs) like Strawberry and Orion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Google Adds Dresses to AI-Powered Virtual Try-On Offering
September 05, 2024

Google’s virtual try-on tool now lets shoppers see how they’d look in dresses. 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...