News

Artificial Intelligence
AI Can’t Patent Inventions, UK Supreme Court Rules
December 20, 2023

The British court has ruled that a scientist cannot patent inventions created by an AI. 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,...

Payment Methods
Worldpay Helps UK Music Retailer HMV Expand Payments Choice
December 20, 2023

British music and entertainment retailer HMV has tapped Worldpay to help it expand in Europe. 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...

Digital Banking
Report: Revolut Aims for $1.9 Billion in Revenue for 2023
December 20, 2023

British FinTech Revolut is reportedly on track to bring in $1.9 billion in revenue for the year. 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,...

Faster Payments
Why Instant Payments Will Go Viral With Each New ‘Aha’ Moment
December 20, 2023

Jon Budd, CEO of Juniper Payments, a PSCU company, said instant payments, over the long term, will see a blossoming of use cases and demand from financial institutions’ corporate and consumer clients. Get the Full Story Complete the form to unlock this article and enjoy...

Faster Payments
Visa: Orchestration Layers and Aliases Pave the Way for Instant Payments Ubiquity
December 20, 2023

Ruben Salazar, senior vice president and global head of Visa Direct, told Karen Webster that the transition from traditional, ACH transactions toward faster payments is underway — but is not without its frictions. Get the Full Story Complete the form to unlock this article and...

Faster Payments
Education and Regulation Define Real-Time Payments’ Inflection Point
December 20, 2023

Instant payments have been available across the payments landscape for years. 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...

Faster Payments
Businesses Can Hone Competitive Edge With Instant Payments
December 20, 2023

Irfan Ahmad, managing director and head of U.S. payments GTS at Bank of America, said instant payments will get a lift from some of the most basic, proactive approaches from businesses and financial institutions. Get the Full Story Complete the form to unlock this article...

Cross-border Payments
Intermex Partners With Visa to Expand Money Transfer Services
December 19, 2023

International Money Express (Intermex) has partnered with Visa to extend its money transfer services to more than 20 countries that it didn’t previously serve. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Tonal Looks to Pick up Lululemon’s Broken Mirror Pieces With Trade-in Program
December 19, 2023

When Lululemon bought Mirror in 2020, it was a move to expand beyond selling clothes and tap into the growing trend of working out at home. The Mirror device, an interactive mirror that provides different workout classes and personalized exercises, fit well with Lululemon’s focus...