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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...

Retail
AI Visual Search Apps Target Social Media Style of ‘See-Now-Buy-Now’
December 06, 2024

Tech firms are escalating their push to turn every outfit spotted on social media into an instant shopping opportunity, with startup Aesthetic launching the latest entry into the artificial intelligence (AI)-powered clothing recognition field. Get the Full Story Complete the form to unlock this article...

Artificial Intelligence
From Drawings to Digital Malls: How Google’s New AI Creates New Retail Spaces
December 06, 2024

Google’s new Genie 2 AI system converts simple drawings and text descriptions into playable 3D game environments, potentially streamlining the construction of digital worlds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
UK Digital Bank Zopa Raises $85 Million for Expansion and GenAI
December 06, 2024

British digital bank Zopa has raised 80 million euros (about $85 million) in an equity funding round to accelerate its growth and launch new products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Payment Methods
The Secret to High Global Conversion Rates? Understanding Local Payments
December 06, 2024

Consumers decide which payment methods are successful and drive market trends. Regardless of the market, the use case or their locations, their preferred payment methods are defined by the ease of the execution process at their merchant of choice. Merchants, of course, want to be...

Artificial Intelligence
67% of Telecom Execs See GenAI Enhancing IT Services
December 06, 2024

Telecom companies are adopting generative artificial intelligence (AI) and driving a shift in the industry. Initially focused on efficiency, this technology is set to change operations, customer service and market positioning. Get the Full Story Complete the form to unlock this article and enjoy unlimited...