Whats Hot/page/5 news and trends

Access Group to Acquire AP Automation Provider Lightyear

May 13, 2024
Mexico-Based Aplazo Raises $70 Million for Omnichannel Payment Platform
Payment Methods // May 13, 2024

Aplazo has raised $70 million in equity funding, including a $45 million Series B, to continue building its omnichannel payment platform. The Mexico-based company will also use artificial intelligence (AI) to better understand the needs of consumers and merchants and to enhance risk decisions, Aplazo...

Technology Innovation Institute Launches AI Model With Vision-to-Language Capabilities
artificial intelligence // May 13, 2024

The United Arab Emirates (UAE)-based Technology Innovation Institute (TII) has announced a new iteration of its large language model (LLM). The new Falcon 2 includes a model with image-to-text conversion capability, the TII said in a Monday (May 13) press release. The Falcon 2 11B VLM, which is one of...

Apple Looks to Sell Vision Pro to Overseas Consumers
Apple // May 13, 2024

Will Apple’s mixed-reality headset be more popular overseas than it was in America? The tech giant is reportedly trying to find out. Apple is preparing to begin selling its almost $3,500 Vision Pro in non-U.S. markets, Bloomberg News reported Monday (May 13). Sources tell the news outlet...

Expensify Adds Unlimited Virtual Cards to Spend Management Platform
B2B Payments // May 13, 2024

Expensify has added unlimited virtual cards to its spend management platform. With the new Expensify Visa Commercial Card, businesses can manage all their expenses across employees and merchants, including both one-time and recurring expenses, the company said in a Monday (May 13) press release. “Managing...

Interviews & Exclusives
As RTP Turns 5, Matching Experience to Expectation Is the Challenge

November 22, 2022
The customer experience encompasses all of the touch points that customers take advantage of when interacting with a company’s employees, assets or operations — including and especially the payment experience. By streamlining and modernizing their payment experience through digital tools and future-fit investments, companies can provide a better, more repeatable experience for their customers, for […]

JPMorgan Sees ‘Big Data’ Becoming ‘Smart Data’ With Help of Super Apps

October 26, 2022
The digital front door is opening. Lia Cao, managing director and global co-head of corporate and eCommerce sales and solutions at J.P. Morgan Payments, told PYMNTS’ Karen Webster that the...

Amazon Prime Day Will Face Aggressive Rivals, Inflation-Weary Consumers

June 16, 2022
(Update: adds Target Deal Days announcement) With Amazon announcing the latest iteration of its annual Prime Day event, it didn’t take long before rival retailers began to unveil their own...

White House Crypto Executive Order Ignites Digital Dollar Debate

March 10, 2022
If you support creating a digital dollar, there’s a lot to be happy about in President Joe Biden’s Wednesday (March 9) executive order on the regulation of cryptocurrency. For one...

Quick Reads
Access Group to Acquire AP Automation Provider Lightyear

May 13, 2024
Business management software provider the Access Group agreed to acquire accounts payable (AP) automation provider Lightyear. Subject to regulatory reviews, the acquisition will extend the Access Group’s enterprise resource planning (ERP) software offering globally, the companies said in a Friday (May 10) press release. “Lightyear is a great fit for our business,” Claire Carter, managing director of Access ERP, a division […]

Mexico-Based Aplazo Raises $70 Million for Omnichannel Payment Platform

May 13, 2024
Aplazo has raised $70 million in equity funding, including a $45 million Series B, to continue building its omnichannel payment platform. The Mexico-based company will also use artificial intelligence (AI)...

Technology Innovation Institute Launches AI Model With Vision-to-Language Capabilities

May 13, 2024
The United Arab Emirates (UAE)-based Technology Innovation Institute (TII) has announced a new iteration of its large language model (LLM). The new Falcon 2 includes a model with image-to-text conversion capability, the TII said...

Apple Looks to Sell Vision Pro to Overseas Consumers

May 13, 2024
Will Apple’s mixed-reality headset be more popular overseas than it was in America? The tech giant is reportedly trying to find out. Apple is preparing to begin selling its almost $3,500 Vision...