News

B2B Payments
B2B Marketplaces Cash in on Fast, Flexible and Future-Forward Payments
September 24, 2024

Online marketplaces are all about innovation. And in the B2B procurement space, that innovation is increasingly starting and ending with better and more seamless payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Overdraft Revenue Dwindles: Tech Solutions Emerge Amid Regulatory Headwinds
September 24, 2024

Last year, overdraft fees charged by banks — representing a revenue stream tied to account use — slipped by 24% to $5.8 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
Google Reports 2 Million Developers Building With Its GenAI Solutions
September 24, 2024

Google’s artificial intelligence (AI) model Gemini is being put to work by companies in a variety of ways, delivering answers, recommendations and new capabilities to both customers and employees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Fabric CEO: ‘Peak Website’ Helps Retailers Win Battle for Post-Purchase Efficiency
September 24, 2024

“This is where the battle’s going to be won,” Mike Micucci, CEO at fabric, told PYMNTS’ Karen Webster. 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...

B2B Payments
WEX: How Companies Are Slashing Costs by Optimizing Business Payments
September 24, 2024

Choice can be both a necessity and a paralyzing paradox. 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 this...

Artificial Intelligence
Trending: Could OpenAI’s $6.5 Billion Fundraising Drive Signal New AI Gold Rush?
September 23, 2024

OpenAI’s reported bid to raise $6.5 billion at a $150 billion valuation could signal a new era in artificial intelligence (AI) commercialization, potentially reshaping entire industries and sparking a fierce battle for market dominance. Get the Full Story Complete the form to unlock this article...

Banking
Beyond Big Names: How Community Banks and Credit Unions Can Attract Corporate Clients
September 23, 2024

The Federal Deposit Insurance Corp.’s latest data on deposits shows just how bifurcated the banking industry is, in terms of the largest players, home to the great bulk of overall deposits here in the states. Get the Full Story Complete the form to unlock this...

Artificial Intelligence
Bahrain’s AI Push in Middle East Could Serve as Model for Region, Experts Say
September 23, 2024

Bahrain, an archipelago nation of 1.5 million people, is emerging as an unlikely leader in the artificial intelligence race in the Middle East. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Phacet Raises $4 Million to Bring AI Tools to Small Businesses
September 23, 2024

Artificial intelligence (AI) startup Phacet has reportedly raised $4.4 million for its small business-based solutions. 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....