News

Payments Innovation
Unattended Payments Shape the Future of Retail Transactions
May 29, 2024

Human interaction used to be essential for finalizing transactions at traditional point-of-sale locations. 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....

Payments Innovation
Thredd’s McCarthy Gets Down to the Business of FinTech
May 29, 2024

Defining “payments modernization” is no easy task. 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, you agree...

Artificial Intelligence
Former OpenAI Board Member Helen Toner Details Reasons for Sam Altman’s Firing
May 28, 2024

The OpenAI board members who fired Sam Altman in November 2023 reportedly did so because, “We just couldn’t believe things that Sam was telling us.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Five Things to Watch as Synapse Bankruptcy Impact Shakes Up FinTechs
May 28, 2024

At this writing, on Tuesday (May 28), the ripple effects of Synapse’s bankruptcy keep rippling. But with each filing, with the reports that customers can’t retrieve their money, that sponsor banks and other FinTechs have walked away from relationships with the funds … and even...

Artificial Intelligence
Faircado Raises $3.3 Million for AI-Powered reCommerce Platform
May 28, 2024

Faircado has raised €3 million (about $3.3 million) to continue building its artificial intelligence (AI)-powered reCommerce 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...

Artificial Intelligence
Caseware Launches AI-Powered Auditing Tool
May 28, 2024

Financial reporting solutions firm Caseware International is unveiling a digital assistant. 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...

Investments
Transcend Raises $40 Million to Grow Data Privacy Platform
May 28, 2024

Transcend raised $40 million in a Series B funding round to continue growing its suite of privacy and artificial intelligence governance solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Small Retailers Relying on In-Store Sales Are More at Risk
May 28, 2024

Small retailers that make most of their sales via brick-and-mortar are the most at risk of closing, compared to those that leverage an omnichannel strategy or that rely primarily on eCommerce channels, PYMNTS Intelligence reveals. Get the Full Story Complete the form to unlock this...

Artificial Intelligence
Criminals’ Adoption of AI Remains Cautious, Report Finds
May 28, 2024

Despite public concerns about the potential for cyberattacks powered by artificial intelligence (AI), criminals have been slow to fully embrace the technology, according to a new report from cybersecurity firm Trend Micro.  Get the Full Story Complete the form to unlock this article and enjoy...