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CFPB’s Chopra Warns of Consumer Credit Delinquency as Total Household Debt Hits $17 Trillion
CFPB
CFPB’s Chopra Warns of Consumer Credit Delinquency as Total Household Debt Hits $17 Trillion
June 14, 2023

At the latest hearing focused on the Consumer Financial Protection Bureau, things got heated even before Director Rohit Chopra uttered a word. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Worldline Unveils Payment Suite for Electric Vehicle Charging
Payment Methods
Worldline Unveils Payment Suite for Electric Vehicle Charging
June 14, 2023

With more drivers going electric, Worldline has debuted an electric vehicle payments tool. 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....

Microsoft and OpenAI Growing Tensions Center on Internal Competition
Artificial Intelligence
Microsoft and OpenAI Growing Tensions Center on Internal Competition
June 14, 2023

Microsoft’s $1 billion investment in OpenAI went relatively unnoticed back in 2019. 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...

IKEA Uses AI to Transform Call Center Employees Into Interior Design Advisors
Retail
IKEA Uses AI to Transform Call Center Employees Into Interior Design Advisors
June 14, 2023

IKEA is providing training to call center employees to transform them into interior design advisors. 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,...

Month-Old AI Startup Mistral Raises $113 Million
Investments
Month-Old AI Startup Mistral Raises $113 Million
June 14, 2023

French startup Mistral AI has reportedly raised a record $113 million in seed funding. 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...

Stripe’s Gaybrick on Rethinking the Internet’s Economic Value and Managing Money in the Cloud  
Payment Methods
Stripe’s Gaybrick on Rethinking the Internet’s Economic Value and Managing Money in the Cloud  
June 14, 2023

Merchants and online platforms have a user interface problem. 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 this form,...

FedNow’s Rollout Will Spur ‘Major Shift’ for Businesses and Digital Wallets, Says Trustly
Faster Payments
FedNow’s Rollout Will Spur ‘Major Shift’ for Businesses and Digital Wallets, Says Trustly
June 14, 2023

“We have not launched a new payment rail since RTP, and the Fed hasn’t launched a new payment solution for a handful of decades. So this is a major shift.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Why We Should Be Optimistic About the Future of AI
News
Why We Should Be Optimistic About the Future of AI
June 14, 2023

Does the hyper rapid rise of artificial intelligence (AI) signal the end of the world? 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....

Hill Hearing Spotlights Retail Theft’s Wide-Ranging Impact on Merchants, Communities 
Retail
Hill Hearing Spotlights Retail Theft’s Wide-Ranging Impact on Merchants, Communities 
June 13, 2023

Call it the silent killer — of merchants’ bottom lines. 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 this...