News

Payments Innovation
Payments Speed and Security Acceleration Driven by Behavioral Expectations
May 23, 2024

The future of payments won’t be built overnight. But progress is being made almost every single day. 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...

Retail
Bargain-Hunting Shoppers Drive Price Wars Among Retailers
May 22, 2024

The retail industry is reportedly witnessing a fierce battle among major players as they compete for the attention of bargain-hunting shoppers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Artificial Intelligence
OpenAI Inks Content Deal With News Corp
May 22, 2024

OpenAI has signed a deal with News Corp, a media conglomerate, that will give the artificial intelligence (AI) company access to content from many news organizations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
DeepL Raises $300 Million to Grow AI-Powered Translation, Writing Platform
May 22, 2024

DeepL has raised $300 million to continue growing its artificial intelligence (AI)-powered platform that provides translations and writing assistance for businesses. 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...

Artificial Intelligence
FCC Proposes Disclosure of AI Use in Political Ads
May 22, 2024

The U.S. Federal Communications Commission (FCC) is proposing new rules for political ads aired on TV and over the radio. 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...

Cross-border Payments
City of London Seeks to Boost Competitiveness, Foreign Investment
May 22, 2024

The City of London, the administrator of the financial district of the United Kingdom, is reportedly grappling with concerns about the district’s competitiveness and the need for foreign investment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Artificial Intelligence
52% of FIs Plan to Lean on ML and AI to Combat Fraud
May 22, 2024

In the seemingly never-ending war to protect their customers and institutions from fraud, an increasing number of financial institutions (FIs) are deploying machine learning (ML) and artificial intelligence (AI) tools to fight back.   Get the Full Story Complete the form to unlock this article and...

Investments
Max Retail Raises $15 Million to Expand Excess Inventory Marketplace
May 22, 2024

Max Retail has raised $15 million in a Series A round to expand its marketplace that helps independent retailers and brands sell excess inventory. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
Waiting for Alexa: When Will Amazon Strike Up the AI Conversation?
May 22, 2024

Someday — and it may be soon — conversations with Amazon’s automated voice assistant Alexa may cost money. Amazon has been clear about its intentions to charge a subscription for a tiered Alexa service since last September. But improvements to voice technology driven by artificial intelligence (AI) may force the issue....