News

Faster Payments
RTP Network Transaction Value Leaps to $55B in Q2 as Businesses Sign On
July 10, 2024

The RTP network set records in terms of both the number of transactions and the value of payments it enabled in the second quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

eCommerce
Shop Talk: Pair CEO Says Direct to Consumer Model Frees Brands to Get Personal
July 10, 2024

Without the limits of physical shelf space, direct-to-consumer (D2C) brands can offer a wider range of products that may be more niche or less universally appealing, allowing for greater personalization. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Artificial Intelligence
AI Takes Center Stage in Combating Online Abuse From Wimbledon to Main Street
July 10, 2024

The pristine lawns of Wimbledon are now home to more than just world-class tennis. 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...

Investments
Index Ventures Raises $2 Billion Amid AI ‘Platform Shift’
July 10, 2024

Index Ventures has raised more than $2 billion for artificial intelligence (AI) projects. 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
Google DeepMind’s New AI Training Method JEST Targets eCommerce
July 10, 2024

Google DeepMind introduced a new artificial intelligence training method designed to reduce computing costs and energy consumption, potentially impacting the economics of AI development and its applications in online commerce and global customer support. Get the Full Story Complete the form to unlock this article...

Banking
ECB Official Says Unregulated Banking Could Threaten Financial Stability
July 10, 2024

A European Central Bank board member is warning of threats tied to shadow banking. 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...

Payments Innovation
Discover: Tokenization Removes Friction for Card-Not-Present Transactions
July 10, 2024

Maybe there’s one bit of stolen digital information fraudsters can’t make use of: tokens. 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...

Regulation
Esker Adds ESG-Focused Features to Source-to-Pay Platform
July 09, 2024

Esker has expanded its Source-to-Pay (S2P) platform to include new features focused on helping businesses comply with environmental, social and governance (ESG) regulations worldwide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Captions Raises $60 Million for AI-Powered Video Creation Platform
July 09, 2024

Captions has raised $60 million in a Series C funding round to invest in its generative artificial intelligence (GenAI) platform for creating and editing video. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...