News

Artificial Intelligence
Tech Giants Bet Billions on AI Agents That May Reshape Commerce as We Know It
October 03, 2024

Artificial intelligence (AI) agents are emerging as a potentially transformative force in global commerce, with major tech players betting billions on their ability to revolutionize business processes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Coinbase Widens Access to Crypto B2B Payments
October 03, 2024

Cryptocurrency exchange Coinbase is expanding the ways businesses can pay. 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...

Delivery
Uber Expands Robot Delivery and Robotaxi Offerings With Avride
October 03, 2024

Uber has launched a partnership with delivery robot/autonomous vehicle maker Avirde. 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 form,...

Artificial Intelligence
AI Money: OpenAI Secures $6.6 Billion as Startup Poolside Nets Funding for ‘Human-Level’ AI
October 03, 2024

In a whirlwind of investment activity, artificial intelligence companies secured unprecedented 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...

B2B Payments
B2B Card Payments Usher in New Era of Supplier Enablement
October 03, 2024

For years, the use of cards within B2B payments has been relatively nascent. 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....

Artificial Intelligence
Is Emotion Detection the Next Frontier for AI?
October 03, 2024

Artificial intelligence is getting better at decoding human emotions, and businesses are using the software to improve customer interactions and drive sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Payments Innovation
Thredd CEO: Unbundling of Banking Changes the Merchant Acquiring Game
October 03, 2024

For decades, the “classic” four-party model dominated card payments — where the quartet was comprised of the cardholder, the merchant, the acquirer and an issuing bank. Acquirers process the payment for merchants while issuing banks issue the card to the holder. Get the Full Story...

Cross-border Payments
Russian Court Freezes $372 Million in BNY and JPMorgan Chase Assets
October 02, 2024

Reuters reported late Wednesday that a Moscow court has frozen $372 million in assets held by Bank of New York Mellon and JPMorgan Chase. The funds were held in accounts at the Russian branches of Citibank and JPMorgan Chase Bank. The court order, issued Wednesday...

Retail
Can CVS Health’s Strategic Overhaul Revitalize Its Market Position?
October 02, 2024

In the high-stakes world of healthcare retail, CVS Health finds itself at a crossroads, navigating turbulent waters amid investor pressures and a stock price that seems to be on a downward spiral. Get the Full Story Complete the form to unlock this article and enjoy...