News

Retail
Poshmark Shoppers Get New Data-Powered Recommendations From Sellers
May 16, 2024

Fashion resale marketplace Poshmark is bringing artificial intelligence (AI) to its community of 130 million people via its Promoted Closet feature, which exited beta status Thursday (May 16). The tool leverages machine learning to align shoppers’ search terms with promoted listings, enhancing the visibility and...

Payments Innovation
White-Label Payments Solutions Monetize Resellers’ eCommerce Efforts
May 16, 2024

In an increasingly digital world, the ability to accept and process payments anytime, anywhere has become a critical component of business success. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Payments Innovation
Could ISO 20022’s Data-Rich Messaging Fuel AI Innovation?
May 16, 2024

The best, and most lasting innovations, are those that beget other innovations.  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...

Artificial Intelligence
Google’s AI Search Feature Fuels Content Traffic Concerns
May 15, 2024

Google’s new artificial intelligence (AI)-powered search summaries could significantly impact online publishers by driving users away from their websites and toward the tech giant’s own results, potentially reshaping the online landscape and raising concerns among content creators who rely on website traffic for advertising revenue....

Banking
Lydia Launches European Banking Super App Called Sumeria
May 15, 2024

French payments app Lydia has launched a European banking super app called Sumeria. 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...

Investments
Cover Genius Raises $80 Million to Grow Embedded Protection Offering
May 15, 2024

InsurTech Cover Genius has raised $80 million in Series E funding to grow its embedded protection 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...

Artificial Intelligence
AI Regulation: Senators Unveil AI Plan, OpenAI CEO Wants International Agency
May 15, 2024

A growing chorus of lawmakers and technology leaders are calling for new regulations to govern the rapid rise of artificial intelligence (AI) as the transformative but largely unchecked technology permeates more aspects of daily life. Get the Full Story Complete the form to unlock this...

Cross-border Payments
Block-Owned TBD and Chipper Cash Partner on Cross-Border Payments in Africa
May 15, 2024

Block-owned TBD and African FinTech Chipper Cash partnered to facilitate B2C and B2B cross-border payments across 40 African countries. 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,...

Banking
Chime to Add Earned Wage Access Offering to Banking App
May 15, 2024

Chime will soon add an earned wage access offering called MyPay to its banking app. 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,...