News

Security & Fraud
FinCEN Alerts Financial Institutions About Ongoing ERC-Related Fraud Schemes
November 22, 2023

Fraud related to COVID-19 relief programs continues to occur “at a concerning scale.” 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....

Investments
Birdseye Raises $3 Million to Back AI-Powered eCommerce Efforts
November 22, 2023

eCommerce-focused AI firm Birdseye has raised $3 million to help retailers launch “hyper-personalized” campaigns. 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...

Faster Payments
UK Government Says Country Needs Open Banking Alternatives to Visa and Mastercard
November 22, 2023

The U.K. risks falling behind other nations unless it can create an alternative to its Faster Payment Service. 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...

Investments
Relay Raises $10 Million to Expand Delivery Service Across UK
November 22, 2023

Relay raised $10 million in seed funding to expand its delivery service for retailers across the United Kingdom. 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...

Artificial Intelligence
This Week in AI: Sam Altman, for-Profits and Enterprise Accelerationism
November 22, 2023

The generative artificial intelligence landscape showed some of its biggest growing pains this week. 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...

Payment Methods
OVG Hospitality President: Consumers Demand Familiar Payment Tech at Live Events
November 22, 2023

As consumers increasingly rely on digital and self-checkout in their day-to-day lives, OVG Hospitality is seeing live event attendees demand more frictionless foodservice ordering and payment technologies in venues. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Faster Payments
Nearly 9 in 10 Manufacturers See Real-Time Payments a 2024 Priority
November 22, 2023

Real-time B2B payments are transforming industries in which the number of payment transactions is very high — such as the manufacturing sector. According to a recent PYMNTS Intelligence research in collaboration with The Clearing House, virtually all U.S. manufacturing companies used real-time payments last year,...

Investments
Phare Health Raises $3.1 Million to Expand Financial Operating System
November 22, 2023

Phare Health raised 2.5 million pounds (about $3.1 million) in a seed round to expand its artificial intelligence-native financial operating system for healthcare organizations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

eCommerce
TikTok Looks to GoTo to Jumpstart Indonesian eCommerce Business
November 22, 2023

TikTok is reportedly turning to GoTo to revive its crucial Indonesian eCommerce business. 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...