News

Banking
Traditional Banks Go Digital as Neobanks Face Regulatory Heat
July 09, 2024

As regulators draw a bead on neobanks, traditional financial institutions are acting more like neobanks. 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,...

Payment Methods
Galileo Begins Offering Wire Transfers to FinTechs
July 09, 2024

Galileo Financial Technologies has begun offering wire transfer capabilities to 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 daily newsletter, PYMNTS Today. By completing this...

B2B Payments
How Businesses Leverage Working Capital Solutions to Drive Growth
July 09, 2024

In an evolving economic landscape, the ability to innovate in working capital management is crucial. 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,...

News
New Data: Instant Loan Payouts Rise Thanks to Growing Lender Adoption
July 09, 2024

Borrowing connects consumers with funds they need to pay for major expenses or to manage debt. As a result, the timely receipt of these funds can be crucial. Instant payments can play a key role in this equation. Not only are more consumers turning to...

Artificial Intelligence
Microsoft Won’t Follow OpenAI in Blocking China’s Access to AI Models
July 08, 2024

OpenAI’s upcoming ban on application programming interface (API) access to its artificial intelligence (AI) models in China doesn’t apply to Microsoft Azure’s customers in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
AI Whisperers: Bright Spots in a Shifting Job Landscape
July 08, 2024

As the U.S. job market shows signs of gradual cooling, one group is experiencing an unexpected surge in demand: artificial intelligence (AI) prompt engineers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Japan Ditched Floppy Disks, but Can Businesses Ditch Paper Checks?
July 08, 2024

Technological innovation moves fast, but sometimes businesses can move slowly. Or even not at all. 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,...

Retail
Computer Vision Checkout Expands Globally Despite Hurdles
July 08, 2024

Around the world, computer vision checkout is growing, both in terms of its availability and its physical footprint, despite significant cost challenges to making the retail technology worth its while. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Niva Raises $3.3 Million for AI-Powered Business ID Solution
July 08, 2024

Business identity platform Niva has launched after raising $3.3 million for its verification solution, according to a Monday (July 8) news release. 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...