News

Payments Innovation
Payments Modernization Starts and Ends With Customer Preferences
May 23, 2024

Innovation in payments is rarely linear, but it is always impactful.  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
Automated B2B Payments Leave Legacy Processes in the Dust
May 23, 2024

Within today’s digital world, B2B payment mechanisms are increasingly finding themselves at an inflection point. 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,...

Payments Innovation
Payments Speed and Security Acceleration Driven by Behavioral Expectations
May 23, 2024

The future of payments won’t be built overnight. But progress is being made almost every single day. 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...

Faster Payments
Bank of America: New EU Instant Payments Rules Address Liquidity for Corporates
May 23, 2024

The payments landscape in Europe is poised for a shift as new regulations mandating support for instant payments go into effect in 2025. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Bargain-Hunting Shoppers Drive Price Wars Among Retailers
May 22, 2024

The retail industry is reportedly witnessing a fierce battle among major players as they compete for the attention of bargain-hunting shoppers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Biometrics
Worldcoin Ordered to Stop Iris-Scanning Operations in Hong Kong
May 22, 2024

Worldcoin, the eyeball-scanning digital identity startup co-founded by OpenAI CEO Sam Altman, has been ordered to cease its operations in Hong Kong. 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...

International
City of London Seeks to Boost Competitiveness, Foreign Investment
May 22, 2024

The City of London, the administrator of the financial district of the United Kingdom, is reportedly grappling with concerns about the district’s competitiveness and the need for foreign investment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Max Retail Raises $15 Million to Expand Excess Inventory Marketplace
May 22, 2024

Max Retail has raised $15 million in a Series A round to expand its marketplace that helps independent retailers and brands sell excess inventory. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
Amazon, Microsoft and Others Agree on AI Safety Commitment at Seoul Summit
May 22, 2024

Artificial intelligence companies from around the globe came together to address the growing concerns surrounding the safety and responsible development of advanced AI systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...