News

Artificial Intelligence
AI Pioneers Hopfield, Hinton Win 2024 Nobel Prize for Neural Networks
October 08, 2024

The Royal Swedish Academy of Sciences has awarded the 2024 Nobel Prize in Physics to two pioneers whose work laid the foundation for today’s artificial intelligence (AI) revolution, even as one of the recipients has become a vocal critic of the technology’s potential dangers. Get...

Payment Methods
Plaid Introduces Pay-by-Bank Solution for Recurring Payments
October 08, 2024

Plaid has introduced a new product designed to help businesses allow their customers to pay bills directly from a bank account. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
Big Bank Lending Income Projected to Hit Two-Year Low
October 08, 2024

America’s biggest banks are reportedly ready to announce the lowest lending income in two 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,...

B2B Payments
AP/AR Automation Exposes Hidden Payment Trends
October 08, 2024

By now we know the usual suspects for payments and back-office automation. There’s the paper check, and all its costs and fraud potential. There’s the paper invoice. And there’s the repetitive, manual work, not to mention the Excel spreadsheets. Get the Full Story Complete the...

Payments Innovation
56% of US Consumers Experienced a False Payment Decline in Last 90 Days
October 08, 2024

In an era of evolving consumer preferences, merchants face mounting pressure to streamline payment processes. As payment methods diversify and the costs of transaction processing rise, open payments platforms have emerged as vital tools for merchants and aggregators. Get the Full Story Complete the form...

B2B Payments
From Transactions to Ecosystems: Reimagining the Future of B2B Payments
October 08, 2024

It wasn’t too many years ago that a monthlong event to discuss issues, trends and opportunities in B2B payments would have been hard to imagine. It was a sector dominated by paper checks and invoices and legacy back-office systems. And at its simplest it was...

Artificial Intelligence
Priceline’s New AI Voice Tech Allows Conversational, Real-Time Bookings
October 07, 2024

Priceline’s recent integration of artificial intelligence (AI)-powered voice technology into its booking system signals how the technology is changing the way travelers plan and purchase trips. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Instacart Says Smart Cart Gamification Features Make Shopping ‘an Adventure’
October 07, 2024

Instacart has added new gamification features to its smart carts, saying they will make grocery shopping “feel like an adventure” and encourage shoppers to earn rewards and credits, earn savings and discover new products. Get the Full Story Complete the form to unlock this article...

Artificial Intelligence
AI Chatbots Spill the Beans on Company Trade Secrets
October 07, 2024

As artificial intelligence (AI) chatbots enter workplaces, they’re not just boosting productivity — they’re opening digital back doors to corporate secrets, with over a third of employees unwittingly playing the role of gatekeepers. Get the Full Story Complete the form to unlock this article and...