News

Artificial Intelligence
78% of CFOs Say AI Is ‘Extremely Important’ to Payments Processes
June 13, 2024

Most CFOs working on behalf of organizations earning at least $1 billion annually use multiple systems to manage their source-to-pay cycles, and nearly 60% of firms earning between $10 billion and $20 billion each year rely on at least five accounts payable (AP) systems. Get...

Artificial Intelligence
AI Founders Race to Sell Out to Larger Players
June 13, 2024

An increasing number of artificial intelligence founders want to sell their firms. 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...

Artificial Intelligence
OpenAI Bolsters Lobbying Arm Amid Regulatory Pressure
June 13, 2024

OpenAI is reportedly expanding its lobbying department as the artificial intelligence industry faces more regulatory oversight. 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...

Retail
EBay to Add Venmo as Payment Option in US
June 13, 2024

Online marketplace eBay will add Venmo as a payment option in the coming week, saying it aims to expand payment method choice and cater to the preferences of Gen Z and millennial shoppers. Get the Full Story Complete the form to unlock this article and...

Retail
Shein Reportedly Raises Prices as IPO Looms
June 13, 2024

As it prepares to go public, fast fashion retailer Shein is reportedly driving up prices. 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
Trustly Unveils AI-Powered Recurring Payments Solution in Europe
June 13, 2024

Trustly unveiled an artificial intelligence-powered recurring payments solution that is designed to streamline subscription payments. 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,...

Payments Innovation
Trustly Inc. CEO Says Pay by Bank Is the Next-Gen ACH
June 13, 2024

It’s said that imitation is the sincerest form of flattery. If that’s the case, payments industry veteran and Trustly Inc. CEO Alex Gonthier should feel quite validated these days. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Artificial Intelligence
Why This CTO Says the Bank of the Future Is Already Here
June 13, 2024

Digital banks have long eschewed physical branches in favor of direct, digital customer engagement. 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
Intuit to Preview AI-Powered Marketing Tools 
June 13, 2024

Intuit, the maker of TurboTax, Credit Karma, QuickBooks and Mailchimp, will preview a new artificial intelligence (AI) system designed to help businesses increase revenue through smarter marketing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...