News

Cross-border Payments
Banks Fight Back: How Cross-Border Technology Is Challenging FinTech Disruptors
December 09, 2024

Global financial messaging network Swift said earlier this year that it was working with 25 financial institutions (FIs) and application providers on a “proof of value” initiative focused on improving front-end interactions, where the lower-end value transactions (defined as payments below the $100,000 threshold) is...

Artificial Intelligence
AI Adoption Still in ‘Very Early’ Stages, BlackRock Exec Says
December 08, 2024

Investment giant BlackRock expects 2025 to be a big year for infrastructure and cybersecurity. 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...

Artificial Intelligence
OpenAI Aiming to Eliminate Microsoft AGI Rule to Boost Future Investment
December 08, 2024

OpenAI could reportedly give Microsoft access to its as-yet-unrealized artificial general intelligence (AGI). 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
Tech Takes the Reins: Digital Innovation Drives Holiday Cheer for Shoppers
December 07, 2024

The holiday shopping season has long been the crown jewel of the retail calendar. But as consumer habits evolve, so too do the tools retailers deploy to attract, engage and convert shoppers. Get the Full Story Complete the form to unlock this article and enjoy...

News
Fed Oversight Council Argues for More Control Over FinTech
December 06, 2024

The Financial Stability Oversight Council (FSOC) said Friday (Dec. 6) that Congress should pass legislation ensuring that relevant agencies have the examination and enforcement powers they need to oversee their regulated entities’ third-party service providers. Get the Full Story Complete the form to unlock this article...

Payment Methods
Swift: 1 Million ISO 20022-Formatted Messages Being Sent Daily
December 06, 2024

With one year to go before the deadline to move to ISO 20022 for cross-border payments and reporting plus (CBPR+), more than 1 million ISO 20022-formatted messages are already being sent over the Swift network every day. Get the Full Story Complete the form to unlock this...

B2B Payments
The 5 Biggest Impacts of AI Across B2B Payment Workflows
December 06, 2024

It’s no exaggeration to say that artificial intelligence (AI) is fundamentally reshaping the business landscape. But while consumer-focused applications continue to grab headlines, a quieter, first-principles revolution is underway in the B2B marketplace. Get the Full Story Complete the form to unlock this article and...

Artificial Intelligence
This Week in AI: AI Opens Door for Retailers to Gather Insights and Drive Spending
December 06, 2024

New research shows artificial intelligence (AI) can now navigate computer interfaces through voice commands to handle eCommerce transactions, even as most U.S. consumers don’t realize they’re already using AI while shopping online. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Prima to Expand Supply Chain Integrator Offering Across North America
December 06, 2024

Mexico City-based Prima has raised $23 million in funding to expand its offerings as a manufacturing and supply chain integrator across North America. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...