News

Artificial Intelligence
Lloyds and Cleareye Launch AI-Centric Trade Finance Partnership
September 03, 2024

Lloyds Bank has launched a collaboration with artificial intelligence (AI) platform Cleareye.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, PYMNTS Today. By...

News
They Said That: Notable Quotables From the Last Week of Summer 2024
September 02, 2024

Cue the Beach Boys and Jimmy Buffett. It’s the last week of summer, and while a lot of the banking and payments world was on vacation, we were busy covering development in everything from AI to zillennials. Here’s a sample of notable quotables from the...

Artificial Intelligence
Tinder and Other Dating Apps Test AI ‘Wingman’ Concept
September 01, 2024

Would you trust AI to act as your wingman/wingwoman out in the dating world? 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...

Artificial Intelligence
AI Firms’ ‘Free Lunch’ Runs Out Amid Wave of Lawsuits
September 01, 2024

Artificial intelligence (AI) companies have reached the far borders of the “data frontier.” 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....

Artificial Intelligence
Ex-Google CEO Schmidt Joins Magic’s $320 Million Raise to Develop AI Coding
August 30, 2024

Magic raised $320 million from a group of investors that includes former Google CEO Eric Schmidt to build an artificial intelligence coworker for AI research and code generation, the company said in a Thursday (Aug. 29) blog post. Get the Full Story Complete the form...

Payment Methods
Wirex Launches Blockchain-Based Network With 80 Million Merchants
August 30, 2024

Wirex has launched its mainnet, making its decentralized payment method, Wirex Pay, live and ready to use. 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...

Artificial Intelligence
What’s Next as California Signs Landmark AI Safety Bill
August 30, 2024

California’s newly passed artificial intelligence (AI) safety bill could dramatically alter the landscape of AI development and deployment, with far-reaching implications for tech giants, eCommerce platforms and startups alike as the industry grapples with stringent new regulations aimed at mitigating AI risks. Get the Full...

Investments
Bridge Raises $40 Million for Global Stablecoin-Based Payments Platform
August 30, 2024

Bridge reportedly raised $40 million to support its efforts to build a stablecoin-based payments platform designed to simplify global money movement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Ulta Beauty Store Sales Hit by Increased Competition and Market Shifts
August 30, 2024

Amid escalating competitive pressures, Ulta Beauty is facing a challenging retail environment that impacted its store performance in the second quarter, according to earnings results. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...