News

Investments
Illuma Labs Raises $9 Million for Bank Voice Verification
September 12, 2024

Illuma Labs has raised $9 million to speed the development of its voice verification tools. 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,...

Regulation
Irish Data Regulators Put Google AI Model Under Review
September 12, 2024

A European regulator is investigating whether Google’s artificial intelligence model complies with privacy laws. 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...

B2B Payments
Taking Control of Costs: New Tech Makes Business Spend Management Easier
September 12, 2024

For corporates, the goal, especially in the current inflationary environment, is to squeeze margins higher. There are two levers to pull, ideally working simultaneously: increasing sales momentum, and being judicious on costs. Get the Full Story Complete the form to unlock this article and enjoy...

Banking
UK’s Smaller Banks Could Benefit From New Capital Rules
September 12, 2024

New capital requirements could help Great Britain’s smaller lenders compete in the country’s mortgage market. 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,...

Investments
Form3 Raises $60 Million to Expand Account-to-Account Platform
September 12, 2024

Form3 completed a $60 million Series C extension and said it will use the new funding to develop new products and services and support the growth of its cloud-native account-to-account (A2A) platform in the United Kingdom, Europe and the United States. Get the Full Story...

Investments
Google Ventures-Backed Bounti Raises $16 Million for AI Teammate for Sales Teams
September 12, 2024

Bounti has come out of stealth and announced it raised $16 million in seed funding for its artificial intelligence (AI) teammate platform for sales, marketing and customer success teams. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Regulation
CFPB Bars Navient From Federal Student Loan Business
September 12, 2024

Navient is exiting the federal student loan business as a regulator prepares to fine it $120 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...

Retail
Holiday eCommerce Sales Projected to Rise Despite Inflation
September 12, 2024

A new report suggests Americans will slow their holiday spending this year compared to 2023. 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,...

Digital Banking
Neobank Bunq Aims to Expand Headcount by 72%
September 12, 2024

Dutch neobank Bunq is reportedly launching a hiring spree as it aims to expand. 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...