News

Banking
New Zealand Probes Lack of Banking Competition
June 12, 2024

New Zealand is reportedly examining competition in the banking sector. 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...

Investments
Light Raises $13 Million to Scale AI-Powered General Ledger
June 12, 2024

Light has come out of stealth and announced a $13 million financing round to scale its artificial intelligence (AI)-powered general ledger for multinational companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
Mistral’s $640 Million Funding Round Fuels Europe’s AI Ambitions
June 12, 2024

Mistral AI, a Paris-based artificial intelligence startup, raised $640 million in a Series B funding round led by General Catalyst, propelling its valuation to $6 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Regions Bank Launches Digital Payments Solution Powered by BILL
June 12, 2024

Regions Bank has launched a new digital payments solution designed to streamline payment and billing processes for its commercial clients. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

IPO
TymeBank Raising $150 Million as It Prepares for IPO
June 12, 2024

The CEO of South Africa’s TymeBank says the company is raising $150 million. 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....

Artificial Intelligence
61% of Small Businesses Use AI to Automate Daily Tasks
June 12, 2024

PYMNTS Intelligence’s recently-released “New Report: SMBs Race to Critical Mass on AI Usage found there is a sharp divide in how small and medium-sized businesses (SMBs) tackle growth strategies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Delivery
Small Merchants Struggle to Provide Delivery Affordable Enough for Consumers
June 12, 2024

With the high labor costs of delivery, smaller merchants are struggling to find ways to compete on convenience without excessively compromising their margins and without alienating customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
UK Neobank Starling Profits Soar 55% for Third Year in the Black
June 12, 2024

Starling has just finished its third profitable year amid plans to expand its software operations. 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...

Artificial Intelligence
AI Marketers: The New Mad Men?
June 12, 2024

In the marketing arena, where creativity and innovation are paramount, a new contender is emerging: generative artificial intelligence (GenAI). Capable of producing content such as Pixar-style animations, this technology is now targeting the business sector with a focus on advertising. Get the Full Story Complete...