News

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

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Mall of America Leads Push to Unique On-Site Experiences
Mall of America Leads Push to Unique On-Site Experiences
May 20, 2024  |  Retail

As shoppers turn to eCommerce channels for convenience, many are still willing to go to brick-and-mortar malls for unique, site-specific experiences. Seizing on this demand, Mall...

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Zelis Launches Platform for Healthcare Payments, Communications
Zelis Launches Platform for Healthcare Payments, Communications
May 20, 2024  |  Healthcare

Zelis has launched a platform designed to handle both healthcare payments and communications. The new Zelis Advanced Payments Platform (ZAPP) helps payers process high volumes of claims payments...

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Unmasking the Enigma: How Explainable AI Makes Complex Systems Understandable
Unmasking the Enigma: How Explainable AI Makes Complex Systems Understandable
May 20, 2024  |  Artificial Intelligence

Picture this: Your bank denies a loan, but the reasoning behind the decision is a mystery. The culprit? A complex artificial intelligence system that even...

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Chinese Tech Giants Threatened by Smaller AI Products
Chinese Tech Giants Threatened by Smaller AI Products
May 20, 2024  |  artificial intelligence

Artificial intelligence (AI) firms have reportedly begun offering “AI-in-a-box” tools for companies to run in-house. It’s a trend that presents a threat to the AI cloud computing...

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Kyndryl and Nvidia Partner to Help Businesses Implement GenAI
Kyndryl and Nvidia Partner to Help Businesses Implement GenAI
May 20, 2024  |  artificial intelligence

Kyndryl has teamed up with Nvidia to provide both technology and services to businesses that are looking to implement generative artificial intelligence (GenAI) solutions. The company will...

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Mashgin and Verifone Team on AI-Powered Self-Checkout
Mashgin and Verifone Team on AI-Powered Self-Checkout
May 20, 2024  |  Retail

Touchless self-checkout company Mashgin has launched a partnership with payments solution provider Verifone. The two companies’ integration, announced Monday (May 20), will let Mashgin deploy its computer vision self-checkout...

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Congress Sets Stage for FinServ Regulation to Heat Up This Summer
Congress Sets Stage for FinServ Regulation to Heat Up This Summer
May 20, 2024  |  Regulation

As the Consumer Financial Protection Bureau got an effective “green light” from the Supreme Court to keep operating, and as several bills have made their way out of committee...

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VC Investment in Crypto Hits $2.4 Billion After Long Decline
VC Investment in Crypto Hits $2.4 Billion After Long Decline
May 20, 2024  |  Cryptocurrency

Venture capital investment in cryptocurrency companies is reportedly increasing after nearly two years of cooling. Investment in these companies climbed to $2.4 billion during the first three...

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CyberArk to Acquire Venafi, Expand Machine Identity Security Capabilities
CyberArk to Acquire Venafi, Expand Machine Identity Security Capabilities
May 20, 2024  |  Acquisitions

CyberArk plans to acquire Venafi from Thoma Bravo for an enterprise value of about $1.54 billion, saying it aims to create a unified platform for...

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