News

Artificial Intelligence
Anthropic and Menlo Ventures Launch $100 Million AI Startup Fund
July 17, 2024

Anthropic and Menlo Ventures have launched a $100 million fund for artificial intelligence (AI) startups. 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,...

Banking
Monzo Debuts Digital Bank Accounts for Kids Under 16
July 17, 2024

 British digital bank Monzo is launching a free account for children under 16. 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
Global Regulators Race to Tame the Wild West of AI
July 17, 2024

From Washington to Brussels, policymakers are scrambling to rein in artificial intelligence’s (AI) rapid advance. As the Federal Communications Commission (FCC) targets AI-powered robocalls and the EU’s landmark AI Act looms, experts warn that smart regulation is crucial to harness AI’s potential while guarding against...

Retail
Shop Talk: Grubhub’s Grocery VP Says ‘We’ll Catch Up Very Quickly’
July 17, 2024

At a time when its competitors were announcing new grocery options by the hundreds, Grubhub appeared to be hanging back. Still, as it enters the fray, the aggregator sees a path to quickly regain its competitive footing. Get the Full Story Complete the form to...

Banking
Matera Gets $100 Million to Expand Banking Software Footprint
July 17, 2024

Banking software provider Matera has landed a $100 million investment from growth investor Warburg Pincus.  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,...

IPO
Klarna Reportedly Prepping for Possible 2025 US IPO
July 17, 2024

Klarna is reportedly weighing financial advisors for its U.S. initial public offering (IPO). 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....

Loyalty & Rewards
Amex Urges Merchants to Embrace Digital Loyalty’s Hyper-Personalization Mandate
July 17, 2024

If a business doesn’t meet its customers’ needs, its competitors will be happy to. 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
OpenAI’s Push for Human-Level AI Is Underway 
July 16, 2024

Reports of OpenAI’s leap toward human-level artificial intelligence (AI) have set the business world abuzz with visions of AI-powered commerce that could rewrite global trade rules — if the tech lives up to the hype. Get the Full Story Complete the form to unlock this...

Retail
Five Below CEO Steps Down as Comparable Sales Slip
July 16, 2024

Five Below has announced a leadership transition, with Joel Anderson stepping down from his roles of president and CEO, and from the board of directors, to pursue other interests. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...