News

Artificial Intelligence
Visa: AI Helped Block 80 Million Fraudulent Transactions in 2023
July 23, 2024

Visa’s investments in artificial intelligence (AI) and other technology reportedly enabled the payments processor to block 80 million fraudulent transactions worth $40 billion in 2023. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
HFSC Chairman McHenry: US Must Remain Leader in AI Development
July 23, 2024

The financial services industry may serve as a proving ground for the regulation of artificial intelligence (AI), House Financial Services Committee Chairman Patrick McHenry, R-N.C., said Tuesday (July 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Artificial Intelligence
Amazon’s AI Alignment Call Sparks Industry Debate
July 23, 2024

After Amazon called for global alignment on responsible artificial intelligence (AI) measures, industry experts are weighing in on the potential implications for international commerce and tech regulation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Albertsons’ Loyalty Refresh Contributes to 23% Digital Growth
July 23, 2024

As grocery shoppers increasingly seek out Click-and-Mortar™ technologies for a seamless omnichannel experience, Albertsons is seeing double-digit online growth, helped by its rewards refresh. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Visa and Toqio Partner on Commercial Card Solutions
July 23, 2024

Toqio and Visa have partnered to provide Visa commercial cards to businesses that don’t offer financial services. 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,...

Artificial Intelligence
Meta Unveils Llama 3.1, Challenging Closed-Source AI Giants
July 23, 2024

Meta has challenged the artificial intelligence status quo by releasing Llama 3.1, unveiling a 405 billion parameter open-source model that aims to rival closed-source AI leaders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Artificial Intelligence
Travel Industry Shifts Gears With New AI Tools 
July 23, 2024

Travel companies are introducing a range of artificial intelligence (AI)-powered tools, signaling a change in how business trips are booked and managed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Croissant Expands Guaranteed Resale Price Offering to Mobile App
July 23, 2024

Croissant has launched an iOS mobile app that shows consumers guaranteed resale prices on apparel and accessories while they shop at more than 100 brands and retailers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
XTransfer and EBANX Form LatAm B2B Payments Partnership
July 23, 2024

Cross-border trade payments platform XTransfer has joined forces with payments firm EBANX. 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,...