News

Artificial Intelligence
New York City Dreams of Being Silicon Valley
May 10, 2024

New York City, the concrete jungle where dreams are made, is now dreaming of a new kind of dominance: artificial intelligence. 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
IBM Launches Service to Help Enterprises Add GenAI Copilots
May 10, 2024

IBM has introduced a new service that will help enterprises integrate generative artificial intelligence (AI) copilots into their organizations. 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...

Artificial Intelligence
This Week in AI: Digital Agents, Quantum AI, Automated Pharmacies and Spy Chatbots
May 10, 2024

This week in artificial intelligence (AI) news, a company is developing AI agents that could enable more lifelike interactions between businesses and customers, and quantum computing could boost AI by applying quantum principles, potentially transforming areas like medicine and cryptography. Get the Full Story Complete...

B2B Payments
Wells Fargo Launches Business Credit Card With Cash Rewards
May 10, 2024

Wells Fargo has launched a business credit card designed to provide easy-to-understand cash rewards. 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....

B2B Payments
PhotonPay and Discover Partner on Commercial Card for Cross-Border Businesses
May 10, 2024

Hong Kong-based global payment platform PhotonPay and Discover Global Network have partnered to launch a new commercial card designed for cross-border businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Transforming Back-Office Functions Lets Firms Move Forward With Certainty
May 10, 2024

Innovation across the payments sector has taken off over the last decade. Driven by automation, speed, security and convenience, electronic payments advances are reshaping back-office workflows and transforming processes historically viewed as static administrative functions. Get the Full Story Complete the form to unlock this...

Investments
Sift Healthcare Raises $20 Million to Grow Payments Intelligence Platform
May 10, 2024

Sift Healthcare has raised $20 million in a Series B funding round to grow its artificial intelligence (AI)-powered Payments Intelligence Platform for the healthcare industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
Tech Titans, Startups Bet Big Bucks on AI’s Future
May 10, 2024

Tech giants and startups are investing billions in AI infrastructure, training and development, with Microsoft planning a $3.3 billion AI data center in Wisconsin, startup Atlan raising $105 million for its AI-ready data stack, and Mistral AI seeking funds at a $6 billion valuation for...

Artificial Intelligence
OpenAI’s New Product to Challenge Google’s Search Dominance
May 10, 2024

OpenAI, the artificial intelligence company backed by Microsoft, is reportedly planning to announce its own search product to compete with Google, according to sources familiar with the matter. The announcement is expected to be made on Monday at 1 p.m. EDT, just a day before...