News

Retail
Rite Aid CMO Says ‘Data Is Our Best Friend Right Now’
October 07, 2024

Data, in the right hands, can be a business leader’s magic wand. 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...

B2B Payments
Exclusive Interview: B2B Payments Aren’t Boring Anymore: Here Are 8 Reasons Why
October 07, 2024

We’re approaching the mid-point of the decade — and it’s much more than an interesting calendar event. We’ve seen a complete transformation of payments over the past five years, from the pandemic in 2020 and its digital shift to the current focus on security, account-to-account...

Banking
Big Banks Joust With Neobanks for Lower-Income Consumer Accounts
October 04, 2024

There’s a commonality in financial services — for brick-and-mortar players and for several FinTechs, though the approach may differ: Serving the needs of lower-income households. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
White House Issues Guidance for Federal Agencies’ Procurement of AI
October 04, 2024

The Office of Management and Budget (OMB) has released guidance to help federal agencies manage risk and performance when procuring commercially provided artificial intelligence (AI) products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Artificial Intelligence
Meta to Add New AI-Powered Video Generation Capabilities to Apps
October 04, 2024

Meta has unveiled generative artificial intelligence (AI) research that shows how simple text inputs can be used to create custom videos and sounds and edit existing videos. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Open Banking Provider TrueLayer Raises $50 Million to Grow European Network
October 04, 2024

TrueLayer has raised $50 million in an extension of its $130 million Series E funding round to continue growing its pay-by-bank network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Loyalty & Rewards
Card Networks and Issuers See Restaurant Booking Platforms as Top-of-Wallet Opportunity
October 04, 2024

Dining out is getting more expensive. Consumers continue to spend on their cards, but the pace may be pressured. 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...

B2B Payments
Real-Time Reality Check: How Digital Payments Are Driving Treasury’s AI Evolution
October 04, 2024

Treasurers who once relied on outdated spreadsheets and manual processes are now facing a new reality: real-time treasury services powered by artificial intelligence (AI), digital money movement and automated synchronous functionalities across core operations. Get the Full Story Complete the form to unlock this article...

Artificial Intelligence
OpenAI’s Roller-Coaster Week of Funding Windfalls, Product Pushes and Executive Departures
October 04, 2024

In a whirlwind week that has left the tech world buzzing, artificial intelligence (AI) powerhouse OpenAI secured a staggering $6.6 billion in funding, unveiled new products, and weathered the unexpected departure of multiple top executives.  Get the Full Story Complete the form to unlock this...