News

Investments
Builder.ai Raises $250 Million Amid Surge in AI Investments
May 23, 2023

London’s Builder.ai has raised $250 million to expand its artificial intelligence (AI)-powered software platform. 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
Generative AI Fabrications Are Already Spreading Misinformation
May 23, 2023

As buzz around generative artificial intelligence (AI) grows, critics have called for more guardrails. 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...

B2B Payments
Stytch Launches Authentication Solution for B2B Products and Applications
May 23, 2023

Stytch has added B2B authentication to its platform that already provides B2C authentication. 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....

Investments
QED Raises $925 Million Amid ‘Difficult Market’
May 23, 2023

FinTech-focused venture capital firm QED Investors has closed two funds worth $925 million. 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
Avalara Unveils eInvoicing Compliance Solution for Multinational Businesses
May 23, 2023

Avalara has unveiled a new tool to help multinational businesses streamline their compliance with eInvoicing mandates. 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,...

Retail
Walmart Enters Pet Telehealth Space With Pawp Deal
May 23, 2023

Walmart is the latest player in the up-and-coming pet telehealth sector. 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...

Retail
ASOS and Hirestreet Team to Offer ‘Wear-it-Once’ Rentals
May 23, 2023

With consumers focused on sustainability, British fashion retailer ASOS has launched a clothing rental program. 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,...

Retail
AI Fuels Farfetch’s Return to Growth
May 23, 2023

After experiencing two consecutive quarters of sales decline, Farfetch has experienced a remarkable turnaround, as indicated by its first-quarter 2023 earnings report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Manicures Go Virtual With AR
May 23, 2023

As brands and retailers look to translate real-life experiences into the online realm, beauty and fashion tech solutions provider Perfect Corp. is looking to augment them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...