News

Artificial Intelligence
New AI Agents Take on Management Jobs
November 21, 2024

A new breed of autonomous artificial intelligence called agents is taking over customer service and operations at major companies, making decisions that, until recently, required human managers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
CellPoint Raises $30 Million for Travel Sector Payment Orchestration
November 21, 2024

Travel-industry-focused payment orchestration firm CellPoint Digital has raised $30 million in new 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 Today. By completing...

eCommerce
Alibaba Merges Global and Domestic eCommerce Businesses
November 21, 2024

Chinese conglomerate Alibaba is combining its domestic and international eCommerce businesses into one unit. 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...

B2B Payments
Boost: Simplicity in B2B Payments Means Making Innovation Work for Suppliers
November 21, 2024

True digital transformation in B2B payments requires more than just new technology. 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...

B2B Payments
Back Office Takes Front Row as Firms Automate B2B Payments
November 21, 2024

Unlike consumer payments, where streamlined experiences reign supreme, business-to-business (B2B) transactions are fragmented and slow-moving. 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,...

News
Report: Elon Musk’s xAI Raises $5 Billion and Doubles Valuation
November 20, 2024

Elon Musk’s artificial intelligence (AI) startup xAI reportedly raised $5 billion in a funding round, valuing the company at $50 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....

Digital Banking
Report: Nubank Considers Moving Legal Base to UK
November 20, 2024

Nubank — the digital challenger bank that recently became the most valuable bank in Latin America — reportedly is considering moving its legal base to the United Kingdom. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Regulation
FTC Begins Sending Consumers Refunds in ‘Made in USA’ Case
November 20, 2024

The Federal Trade Commission (FTC) is sending over $140,000 in refunds to consumers after taking action against companies that it alleged made false claims that their products were “Made in USA” or “Hand Crafted in USA.” Get the Full Story Complete the form to unlock...

Regulation
OCC’s Hsu Supports Chartering Regime for Nonbanks
November 20, 2024

Acting Comptroller of the Currency Michael J. Hsu said he supports “federal payments regulation and a chartering regime for nonbanks.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....