News

Investments
Forestay Capital Targets Enterprise AI, SaaS With $220 Million Fund
July 03, 2024

European venture capital firm Forestay Capital reportedly raised $220 million to invest in startups in the enterprise artificial intelligence and Software-as-a-Service (SaaS) sectors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
AI Reshapes Banking: Promises and Pitfalls as Industry Grapples With Transformation
July 03, 2024

As artificial intelligence revolutionizes the banking sector, industry leaders from UBS and McKinsey highlighted the potential and challenges facing financial institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
Online Gambling Firms’ Safeguards Differ in US and UK
July 03, 2024

Online gambling firms FanDuel and BetMGM are reportedly not offering in the United States some of the safeguards they have implemented in the United Kingdom. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Resale Firms Struggle to Profit in Growing Secondhand Apparel Market
July 03, 2024

While more people are embracing the idea of buying and selling secondhand clothing, companies specializing in selling these items are reportedly facing challenges in turning a profit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
SendBlocks Raises $8.2 Million for Blockchain Data Management
July 03, 2024

Israeli blockchain data management startup SendBlocks has raised $8.2 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 Today....

Retail
Shop Talk: Consumers Return to Brick-and-Mortar Grocery for Summer
July 03, 2024

As grocery shoppers settle into the warmer months, many are shifting away from eCommerce back to brick-and-mortar stores with more time to make their food purchases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Why Data Analytics Represent the Frontier of B2B Decision-Making
July 03, 2024

Building better B2B relationships increasingly starts with better payments data. 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...

Artificial Intelligence
UN: China Leads World’s GenAI Patent Race
July 03, 2024

New United Nations data showed China with a comfortable lead in the race to develop artificial intelligence products. 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...

Digital Banking
Revolut Chair Not Ready to Commit to Going Public in UK
July 03, 2024

Revolut’s chair is not ready to commit to an initial public offering (IPO) in London. 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...