News

Artificial Intelligence
Visa Reports More Than 500 Generative AI Applications
November 01, 2024

Visa reportedly uses more than 500 generative artificial intelligence applications and is looking to add more. 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
AI Industry Pivots From Doomsday Talk to Practical Problem-Solving
November 01, 2024

Silicon Valley’s brightest minds gathered in San Francisco this month to tackle the down-to-earth challenges of artificial intelligence adoption rather than debate robot apocalypse scenarios. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Visa and Mastercard Earnings Shine Spotlight on B2B Innovations
November 01, 2024

For the payment networks, the continued shift beyond consumer cards has trillions of dollars’ worth of B2B transactions firmly in sight. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
J.P. Morgan Affiliates Settle SEC Enforcement Actions
November 01, 2024

Two affiliates of J.P. Morgan Chase & Co. — J.P. Morgan Securities (JPMS) and J.P. Morgan Investment Management (JPMIM) — agreed to pay $151 million in combined civil penalties and voluntary payments to investors to settle four enforcement actions brought by the Securities and Exchange...

Investments
Melio to Grow AP/AR Platform With $150 Million Fundraise
November 01, 2024

Melio raised $150 million in a Series E funding round to fuel the growth of its accounts payable (AP) and accounts receivable (AR) platform by expanding its B2B partnerships. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Artificial Intelligence
Big Tech Makes Money by Spending on AI Infrastructure
November 01, 2024

Tech giants’ investments in cloud infrastructure are reportedly paying off due to the demand for 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. yesSubscribe to our...

Payments Innovation
Bank of America: Gateways Become Cash Flow Engines for Merchants
November 01, 2024

Payment gateways might be thought of as the workhorses of fund flows, whether it’s for B2B or consumer-facing transactions. It’s the technology that gets payment data moving. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Fintech Investments
FinTech IPO Index Gains 2.3% as Digital Surges Ahead of Earnings
November 01, 2024

The FinTech IPO Index was 2.3% higher in a week that saw the platforms roar ahead — many of them by double digits — in anticipation of earnings reports that won’t come until next month. Get the Full Story Complete the form to unlock this article and...

Digital Banking
63% of Consumers Under 35 Open to Financial Services From Non-Banks
November 01, 2024

Today’s financial landscape is changing as embedded finance integrates banking services into everyday consumer experiences. This development is driven by brands stepping into roles traditionally held by banks, creating innovative and convenient financial solutions for consumers. Get the Full Story Complete the form to unlock...