News

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

Source: pymnts.com

Open-Source Models May Bring Businesses Greater Access to AI Tools

Open-Source Models May Bring Businesses Greater Access to AI Tools
Open-Source Models May Bring Businesses Greater Access to AI Tools
September 30, 2024  |  artificial intelligence

Open-source artificial intelligence (AI) models are rapidly closing the gap with proprietary systems, a shift that could dramatically reshape the business landscape by giving companies...

READ MORE >
NCR Voyix Finalizes $2.4 Billion Digital Banking Sale to Veritas Capital; Rebrands as Candescent
NCR Voyix Finalizes $2.4 Billion Digital Banking Sale to Veritas Capital; Rebrands as Candescent
September 30, 2024  |  Digital-First Banking

NCR Voyix has completed the sale of its digital banking unit, the company said in a Monday (Sept. 30) news release. Get the Full Story...

READ MORE >
Banks Enter the BNPL Game With Debit-Based Installments
Banks Enter the BNPL Game With Debit-Based Installments
September 30, 2024  |  Buy Now Pay Later

Paying over time, traditionally a hallmark of short-term installment loans, is becoming an option where goods are paid for using money on hand and over...

READ MORE >
Jack Henry Forms Embedded Payments Pact With Victor Technologies
Jack Henry Forms Embedded Payments Pact With Victor Technologies
September 30, 2024  |  Partnerships

Jack Henry has expanded its collaboration with MVB Bank’s Victor Technologies. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
OpenAI’s Shift to For-Profit Model Changes the Game for AI Competition
OpenAI’s Shift to For-Profit Model Changes the Game for AI Competition
September 30, 2024  |  artificial intelligence

OpenAI, the creator of ChatGPT, is reportedly considering transitioning to a for-profit model. This strategic pivot is reshaping the artificial intelligence (AI) landscape, raising questions...

READ MORE >
Proposed Credit Union Merger Would Create $29 Billion Bank
Proposed Credit Union Merger Would Create $29 Billion Bank
September 30, 2024  |  Credit Unions

Digital Federal Credit Union and First Tech Federal Credit Union have announced plans to merge, the credit unions said in a Monday (Sept. 30) news...

READ MORE >
Indeed Flex and Branch Team to Offer Temps Same-Day Pay
Indeed Flex and Branch Team to Offer Temps Same-Day Pay
September 30, 2024  |  Faster Payments

Temporary staffing platform Indeed Flex launched a partnership with workforce payments company Branch. Get the Full Story Complete the form to unlock this article and...

READ MORE >
Not Again: FCC to Investigate Cause of Verizon Outage
Not Again: FCC to Investigate Cause of Verizon Outage
September 30, 2024  |  Connected Economy

More than 100,000 Verizon users lost access to mobile services Monday (Sept. 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
TD Bank Pays $20 Million to Resolve Spoofing Case
TD Bank Pays $20 Million to Resolve Spoofing Case
September 30, 2024  |  Legal

TD Bank is reportedly settling a case involving illegal “spoof” orders by a former trader. Get the Full Story Complete the form to unlock this...

READ MORE >