News

EU Official: ‘Dystopian’ Fears Shouldn’t Guide AI Regulation
Artificial Intelligence
EU Official: ‘Dystopian’ Fears Shouldn’t Guide AI Regulation
October 03, 2023

A top European Union official is warning against letting “dystopian” fears govern artificial intelligence (AI) rulemaking. 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...

Stitch Raises $25 Million to Expand Payments Infrastructure Offering
Investments
Stitch Raises $25 Million to Expand Payments Infrastructure Offering
October 03, 2023

South African payments infrastructure Stitch has raised $25 million in a Series A extension. 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...

How AI Helps Turn the Finance Function Into a Competitive Moat
B2B Payments
How AI Helps Turn the Finance Function Into a Competitive Moat
October 03, 2023

Sustainable growth comes from consistent organizational buy-in at the executive level. 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...

Form3: AI and Risk Scoring Help Stop Push Payment Fraud ‘in Its Tracks’
Security & Fraud
Form3: AI and Risk Scoring Help Stop Push Payment Fraud ‘in Its Tracks’
October 03, 2023

With the Sibos 2023 financial services conference in the rearview mirror, central bank digital currencies (CBDCs) and blockchain in active discussion, and the FedNow® Service in the news, Form3 CEO Michael Mueller observed to Karen Webster: Get the Full Story Complete the form to unlock...

As Consumers Trade Down, Brands Text Early to Boost Holiday Sales
Retail
As Consumers Trade Down, Brands Text Early to Boost Holiday Sales
October 03, 2023

It’s hard to ignore the omnipresence of our mobile phones. We turn to them countless times throughout the day, making them an indispensable part of our daily routine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Sequoia Capital to Focus on AI Companies Utilizing Foundation Models
Investments
Sequoia Capital to Focus on AI Companies Utilizing Foundation Models
October 02, 2023

Venture capital firm Sequoia Capital is focusing its investment strategy toward artificial intelligence (AI) applications following the success of its investment in OpenAI.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

X and Paris Hilton Partner on Video and Commerce
Social Commerce
X and Paris Hilton Partner on Video and Commerce
October 02, 2023

Social media platform X is teaming up with Paris Hilton and her digital ad agency 11:11 Media on shopping and video projects. 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...

Weavr to Close Its Recently Acquired Open Banking Payments App
B2B Payments
Weavr to Close Its Recently Acquired Open Banking Payments App
October 02, 2023

London-based embedded finance provider Weavr has said it will close its open banking payments app, Comma. 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,...

Dimon: JPMorgan Wants More VC and Startup Banking Clients
Banking
Dimon: JPMorgan Wants More VC and Startup Banking Clients
October 02, 2023

J.P. Morgan Chase reportedly wants to expand its startup and venture capital (VC) customer base. 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...