News

Security & Fraud
Google Cloud Launches AML AI for Financial Institutions
June 21, 2023

Google Cloud has launched a new product, Anti Money Laundering AI (AML AI), which is an artificial intelligence-powered tool to help financial institutions detect money laundering, the company said Wednesday (June 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
PayEm Integrates Spend Management and Procurement Platform With American Express
June 21, 2023

PayEm has integrated its global spend management and procurement platform with American Express. 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 completing...

Retail
Major Grocers’ Retail Media Networks Lead Smaller Brands to Rely on Instacart
June 21, 2023

As the largest grocers launch in-house retail media networks, offering brands comprehensive insights into how their marketing efforts are performing, smaller chains are being put in a position where, if they want to keep up, they may need to scale up their reliance on third...

B2B Payments
Real-Time Insights Bring Clarity to Chaos of Global Logistics Sector
June 21, 2023

A seismic shift in systemic capability is sweeping across the global shipping ecosystem. 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....

Payment Methods
Alipay and Mastercard Offer Cashless Payments to International Travelers to China
June 21, 2023

Alipay and Mastercard have teamed up to offer a new payment option for international visitors to China, allowing them to go cashless while traveling around China’s mainland, the two companies announced Wednesday (June 21). Get the Full Story Complete the form to unlock this article...

eCommerce
Local Payment Methods Lower APAC Cart Abandonment by 32%
June 21, 2023

The Asia-Pacific (APAC) region is poised to become a key area of expansion for U.S. and U.K. merchants over the course of the next few years, but eCommerce companies are struggling with high cart abandonment rates and seeking ways to lower abandonment. Get the Full...

Investments
Volt Raises $60 Million to Expand to Australia and US
June 21, 2023

Volt has raised $60 million in a Series B round to expand into Asia-Pacific (APAC) and the Americas. 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...

Regulation
Berenberg: SEC May Set Sights on Stablecoins and DeFi
June 21, 2023

The Securities and Exchange Commission (SEC) may set its sights on stablecoins and decentralized finance (DeFi). 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 ‘Model Collapse’ Highlights Need for AI Data Governance
June 21, 2023

Despite its alleged “societal-scale” risk, artificial intelligence’s (AI’s) biggest threat may be to itself. 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...