News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

Source: pymnts.com

Aim Security Raises $18 Million for AI Cybersecurity
Aim Security Raises $18 Million for AI Cybersecurity
June 17, 2024  |  Investments

Aim Security, a company that helps enterprises safely adopt artificial intelligence (AI), has raised $18 million. Get the Full Story Complete the form to unlock...

READ MORE >
The Tiny Text Units Powering AI’s Language
The Tiny Text Units Powering AI’s Language
June 17, 2024  |  artificial intelligence

In the ever-evolving landscape of artificial intelligence (AI), a transformative force is at play in the realm of large language models (LLMs): the token. These...

READ MORE >
McDonald’s Pauses Drive-Thru AI Chatbot Test Despite Growth in Voice Economy
McDonald’s Pauses Drive-Thru AI Chatbot Test Despite Growth in Voice Economy
June 17, 2024  |  artificial intelligence

After two years of testing, McDonald’s has ended its partnership with IBM to develop an artificial intelligence (AI)-powered drive-thru system. The collaboration, which aimed to...

READ MORE >
Constructor Raises $25 Million for AI-Powered Product Discovery, Search Engine
Constructor Raises $25 Million for AI-Powered Product Discovery, Search Engine
June 17, 2024  |  Investments

Constructor has raised $25 million in a Series B funding round to support the further product development and international expansion of its artificial intelligence (AI)-powered...

READ MORE >
Making Sense of For Benefit Accounts (FBOs) and FinTech’s Future
Making Sense of For Benefit Accounts (FBOs) and FinTech’s Future
June 17, 2024  |  Legal

The recent Synapse bankruptcy represents one of the biggest implosions in the FinTech sector’s history. Get the Full Story Complete the form to unlock this...

READ MORE >
Lending Platform Momnt Promotes Chris Bracken to CEO
Lending Platform Momnt Promotes Chris Bracken to CEO
June 17, 2024  |  Personnel

Embedded lending platform Momnt has a new chief executive officer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

READ MORE >
40Seas Launches AI-Powered Global Accounts Receivable Platform
40Seas Launches AI-Powered Global Accounts Receivable Platform
June 17, 2024  |  Accounts Receivable

40Seas has launched a Global Accounts Receivable platform that is powered by artificial intelligence (AI) and centralizes invoice data in a single dashboard. Get the...

READ MORE >
Retail Expert Paco Underhill Says Boomer Purchasing Power Creates Loyalty Opportunity for Brands
Retail Expert Paco Underhill Says Boomer Purchasing Power Creates Loyalty Opportunity for Brands
June 17, 2024  |  Retail

With older consumers — those with the most cash to burn — proving to be more loyal than their younger counterparts, brands that can win...

READ MORE >
Evolve Was Served a Cease-and-Desist Order — Now What?
Evolve Was Served a Cease-and-Desist Order — Now What?
June 17, 2024  |  Bank Regulation

The Federal Reserve Board issued a “cease and desist” order against Evolve Bancorp and its subsidiary, Evolve Bank & Trust, that may have a chilling effect...

READ MORE >