Payment technology company FlexPoint has launched an artificial intelligence (AI)-powered system that processes automated clearing house payments the same day instead of the typical five-day wait, using AI to assess transaction risks. Get the Full Story Complete the form to unlock this article and enjoy...
Walmart and investment firm Ribbit Capital are reportedly leading a funding round of more than $300 million for FinTech startup One, which is majority-owned by Walmart. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
In cross-border payments, getting paid isn’t just a matter of when — it’s a matter of how. 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...
Silicon Valley investors are seeing a wave of opportunities in specialized software for laundromats, chiropractors and other previously overlooked industries as artificial intelligence improves profit potential. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Retailers face the daunting challenges of managing inventory, staff, storage, shelf space — and, in most cases, a digital storefront — all while gauging consumer demand, which can be seasonal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Adobe is expanding its artificial intelligence (AI) strategy with new premium video generation capabilities as the company builds on the success of its Firefly AI platform, which the company said has generated more than 16 billion pieces of content since launch. Get the Full Story...
Nearly 700 AI bills surfaced in state legislatures in 2024, addressing issues from safety standards to deepfake controls. Colorado passed comprehensive legislation, while California vetoed a key bill, reflecting varied strategies as states fill the regulatory gap left by stalled federal action. Get the Full...
A global banking watchdog introduced new guidelines covering counterparty credit risk (CCR) management. 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....
Mynt, a spend management solution focused on Nordic small- to medium-sized businesses (SMBs), raised 22 million euros (about $23 million) in a Series B funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...