PYMNTS MonitorEdge May 2024

News & Trends

Streaming
Digital Dominance Challenged as Moviegoers Return to Theaters

While consumers like the convenience of digital streaming, all it took...

37 mins ago
Payment Methods
AppBrilliance Opens Pay-by-Bank Options for Closed-Loop Digital Wallets

When The Clearing House amended its rules on digital wallets in early...

3 hours ago
artificial intelligence
Meta's Open-Source AI Model Sparks Industry Debate on Commerce's Future

Industry experts are debating the business impact of Meta’s free artificial...

3 hours ago
artificial intelligence
OpenAI Director Says Artificial General Intelligence May Be 5 Years...

How long will it take for artificial intelligence to be as...

4 hours ago
Partnerships
Cable and Vantage Bank Team on Embedded Banking Compliance

Risk management platform Cable has launched a partnership with Texas-based Vantage...

4 hours ago
Apple
Apple Debuts AI Features With New Developer Betas

Apple has reportedly given users access to its first set of...

5 hours ago
Cross Border Commerce
WTO Agreement Looks to Pave Way for Paperless Cross-Border Commerce

With the news that five years of trade negotiations under the...

5 hours ago
Investments
Rillet Raises $13.5 Million for Accounting Automation Platform

Accounting automation firm Rillet has raised $13.5 million to develop its platform. “Today,...

5 hours ago
BNPL
Affirm Asks CFPB to Consider Unique Business Model of BNPL

With the Consumer Financial Protection Bureau (CFPB) winding down its commentary...

6 hours ago
Acquisitions
Stripe Buys Lemon Squeezy in Bid to Scale Merchant of...

Payments processing startup Lemon Squeezy has been acquired by Stripe. Lemon...

6 hours ago
artificial intelligence
GenAI Giants Unleash New Models With More Business Capabilities

In a move that’s sending ripples through the tech and business...

7 hours ago
Security & Fraud
France Suffers Attack on Broadband Services Amid Olympic Games

Amid a worldwide data breach surge, France is dealing with an...

8 hours ago
Partnerships
Pinterest Reportedly Turning to News Outlets to Sell Ads

Pinterest is reportedly seeking help from news outlets and other publishers...

9 hours ago
artificial intelligence
AI Ethics Tackles Issues Arising From Machines Making Decisions

Imagine a world where machines make life-altering decisions about your health,...

9 hours ago
Retail
Gift Card Scams Surge as Maryland Enacts Law Amid Federal...

Gift card scams are back in the news, with two federal...

9 hours ago
artificial intelligence
Anthropic Named ‘Best Performing’ LLM as AI Arms Race Intensifies

Generative artificial intelligence (AI) firm Galileo has released a new ranking...

10 hours ago
Investments
Aveni Raises $14 Million to Bring AI to Financial Services

Scottish FinTech Aveni has raised $14 million to bring AI to...

11 hours ago
Cryptocurrency
Bitcoin Jumps on Calls to Integrate Crypto Into US Asset...

The price of bitcoin hit a six-week high Monday (July 29)....

11 hours ago
Earnings
McDonald’s Sees ‘Trade Down’ as Paycheck-to-Paycheck Pressures Rise

McDonald’s sales fell for the first time since 2020 as lower-income consumers...

11 hours ago
artificial intelligence
OpenAI Fires Shot at Google With AI-Powered ‘SearchGPT’

OpenAI’s new “SearchGPT” tool, launched Thursday (July 25), aims to shake up...

13 hours ago
CFO
CSG CFO: ‘True Decision Support’ Is Digital Transformation’s Holy Grail

Today’s CFOs increasingly find themselves in a position to actively transform...

14 hours ago
Apple
Apple Delays AI Features for New iPhone and iPad Software...

Apple Inc. has announced that its upcoming artificial intelligence (AI) features...

15 hours ago
Consumer Finance
Consumer Spending Remains Strong Despite Elevated Inflation

Consumer spending has remained strong despite elevated inflation, surprising many economists....

16 hours ago
Digital-First Banking
The $150B Question: Can Community FIs Capture the SMB Digital...

Small to mid-sized businesses (SMBs) are the beating heart of the...

19 hours ago
Healthcare
Huma’s 13-Year Journey to Creating a Global Healthcare Network

Digital innovation, no matter the sector, relies on scalable, secure and...

19 hours ago
BNPL
Pay Later Users Split Between ‘Choice’ and ‘Necessity’

Pay later options have shaken up the retail world over the...

19 hours ago
Banking
UK's Open Banking Milestone: What 10 Million Users Mean for...

While open banking starts to gain traction in the U.S., across...

19 hours ago
Connected Economy
CE 100 Index Gains 0.4% as Coursera Jumps on Earnings

Excitement over artificial intelligence (AI) helped drive Coursera shares (and results)...

19 hours ago
Consumer Insights
Families May Travel More Often, but Spend Less Than Couples...

Married couples without children are leading the way in travel spending,...

19 hours ago
Delivery
DoorDash Hires Ex-Amazon Exec and Explores Digital Storefronts

DoorDash has reportedly hired an ex-Amazon executive to help its continued...

1 day ago
Transportation
Automakers Face Roadblocks in Switching to Electric Vehicles

The automotive industry is facing an obstacle in switching to electric...

1 day ago
IPO
Chinese Autonomous Driving Firm WeRide Plans US IPO

WeRide, a Chinese autonomous driving startup, is planning to go public...

1 day ago
Fintech Investments
Mamo Raises $4.3 Million for UAE Small Business Financing

Dubai-based financial services firm Mamo has raised $4.3 million in new...

1 day ago
artificial intelligence
Freelancer.com CEO Says Anthropic Aggressively Scrapes Data From Sites

Website publishers are accusing artificial intelligence (AI) startup Anthropic of “aggressively”...

1 day ago
Cybersecurity
Cyberattacks Present Shipping Industry's Biggest Threat Since WWII

The shipping sector is reportedly facing a spike in cyberattacks tied...

1 day ago
eCommerce
WTO Countries Sign Global eCommerce Agreement That Would Ban Tariffs

Several dozen World Trade Organization (WTO) countries have signed a sweeping...

1 day ago
CFPB
CFPB Rent-A-Center Affiliate Acima Lawsuit Claims Illegal Lending Practices

The Consumer Financial Protection Bureau (CFPB) has accused rent-to-own company Acima...

1 day ago
Retail
Doomsday Ready: Costco Aims to Be the Go-To Retailer for...

As many consumers look for ways to ease their doomsday anxieties,...

3 days ago