News

Payment Methods
Payment Diversification Creates Winning Formula for Merchants
May 08, 2024

There’s no place like home, particularly when it comes to preferred payment mechanisms. 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...

Payments Innovation
Biometric Wallets Emerge as Payments Modernization Strategy
May 08, 2024

As payments go digital, their authentication is getting more organic — literally. 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
Report: Paris-Based Holistic Raises $200 Million to Develop AI Model
May 07, 2024

A Paris-based artificial intelligence (AI) startup called Holistic has reportedly raised $200 million in the first tranche of an initial funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Artificial Intelligence
Pharmacy AI Set to Grow as Companies Look to Streamline
May 07, 2024

The robots are coming — to a pharmacy near you. As the world looks to streamline healthcare, the pharmacy automation market is poised to be just what the doctor ordered, with a new report projecting the industry to dispense a hefty $12.7 billion by 2028. Get...

Retail
High-Income Consumers’ Rising Secondhand Purchasing Drives Luxury Consignment Growth
May 07, 2024

With high-income shoppers disproportionately growing their adoption of secondhand retail channels, The RealReal is seeing its consignment business 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...

Banking
KeyBank Launches Virtual Account Management Solution for Treasury Clients
May 07, 2024

Cleveland-based financial institution KeyBank has launched a virtual account management solution for treasury management clients. 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
Report: Microsoft Develops Internet-Free AI Model for Spy Agencies
May 07, 2024

Microsoft has reportedly built a generative AI model designed for U.S. intelligence agencies. 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...

Banking
FIS Targets $200 Billion Addressable Market in Global Money Movement
May 07, 2024

At its investor day Tuesday (May 7), FIS management outlined its continuing strategy to capture share in global money movement — a market worth hundreds of billions of dollars. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Cloud Security Firm Wiz Valued at $12 Billion After Funding Round
May 07, 2024

Cloud security startup Wiz has reportedly been valued at $12 billion after raising $1 billion. 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....