News

B2B Payments
Government Mandates Will Force Business Payments Modernization
May 20, 2024

Change is inevitable, and businesses that initiate change have the best opportunity to manage it. 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,...

Artificial Intelligence
Snapchat Aims to Spend $1.5 Billion Per Year on AI
May 19, 2024

The CEO of Snap, developer of Snapchat, says the messaging platform is increasing its spending on artificial intelligence (AI) and machine learning. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
AI Interest Means More Business for Business Schools
May 19, 2024

Business schools are adding AI-related curricula as interest in the technology continues to grow. 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...

Banking
The Fed Reportedly Backing Off Tougher Capital Requirements
May 19, 2024

The tougher capital requirements the government had planned for banks may not be as tough. 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
UK Wants More Transparency Into AI Models
May 19, 2024

The U.K. is reportedly working toward greater transparency into how tech firms train artificial intelligence (AI) models. 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
OpenAI Bosses: We Take Safety ‘Very Seriously’
May 19, 2024

OpenAI is trying to ease concerns following the departure of two safety executives. 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...

Point of Sale
Lightspeed CEO Points to B2B Sales as Next Engine of Small Merchant Growth
May 18, 2024

Profit is the applause a business gets from its customers. So the saying, originally from business author Ken Blanchard, goes. 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
AI Takes Turn as Archaeology Assistant to Uncover Ancient Commerce, Trade Routes
May 18, 2024

What if Indiana Jones had been able to use artificial intelligence? With AI, Indy could have quickly analyzed ancient texts, deciphered hieroglyphics and cross-referenced historical data, speeding up his research and reducing the time spent in dusty libraries. He could have been much more efficient in his...

Banking
Washington Federal Bank to Sell 2,000 Commercial Real Estate Loans to Bank of America
May 17, 2024

Washington Federal Bank, a wholly owned subsidiary of WaFd, has disclosed its agreement to sell some commercial multi-family real estate loans to Bank of America for about $2.9 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...