News

Delivery
Experts Expect Spinoff as FedEx Considers Future of Freight Unit
June 26, 2024

FedEx is reportedly expected to spin off its Freight unit after it conducts an assessment of the future of that business unit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Artificial Intelligence
AI Leading to New Tools, Job Cuts in Creative Industries
June 26, 2024

Artificial intelligence (AI) has the potential to expand human creativity and enhance collaboration, but it may also lead to the disappearance of certain creative jobs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Nvidia Targets Partnerships, Value to Retain AI Chip Market Share
June 26, 2024

Nvidia has taken a number of steps to maintain its dominant position in the field of artificial intelligence (AI) chips, Nvidia CEO Jensen Huang said Wednesday (June 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Artificial Intelligence
BIS: Financial Sector Among ‘Most Exposed’ to AI Benefits, Risks
June 26, 2024

The financial sector is among the “most exposed” to both the benefits and the risks of artificial intelligence (AI), the Bank for International Settlements (BIS) said Tuesday (June 24).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Artificial Intelligence
AI Regulation: Google Backs Bills as EPIC Releases Evaluation Tool
June 26, 2024

Artificial intelligence (AI) regulation takes center stage as tech giants, researchers and watchdogs join the fray, pushing for smart governance of a technology with the potential to reshape our world.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Clariti Secures $10 Million Financing for Government Permitting, Licensing Solutions
June 26, 2024

Clariti has secured $10 million in growth capital financing from CIBC Innovation Banking for its permitting and licensing software solutions for North American local governments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Rainforest Raises $20 Million to Expand Embedded Payments Offering
June 26, 2024

Payments provider Rainforest has raised $20 million to expand its embedded payments offering. 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...

Banking
Trovata Introduces Embedded Banking Solution for Corporate Bank Accounts
June 26, 2024

Trovata has introduced an embedded banking solution designed for corporate bank accounts. 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
Zip Adds Generative AI Procurement Assistant to Spend Orchestration Platform
June 26, 2024

Zip has added a generative artificial intelligence (AI) procurement assistant to its spend orchestration platform. 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,...