PYMNTS News

Enigma Debuts KYB Platform as Banks Face More Scrutiny
Enigma Debuts KYB Platform as Banks Face More Scrutiny
October 03, 2023  |  Authentication

Data science company Enigma has debuted its know your business (KYB) platform. The new product, announced Tuesday (Oct. 3), is designed to allow users to conduct KYB...

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Celsius Network Seeks Court Approval for Bankruptcy Exit Plan
Celsius Network Seeks Court Approval for Bankruptcy Exit Plan
October 03, 2023  |  Cryptocurrency

Celsius Network is reportedly seeking court approval on a bankruptcy exit plan that would allow it to restart as a user-owned bitcoin miner. The failed...

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Stampli Raises $61 Million to Advanced AI-Powered AP Automation
Stampli Raises $61 Million to Advanced AI-Powered AP Automation
October 03, 2023  |  B2B Payments

Stampli has raised $61 million to expand its artificial intelligence (AI)-powered accounts payable offering. The Series D round, led by funds managed by Blackstone, brings the total...

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Professional and Business Services Sector Leads Job Openings Surge
Professional and Business Services Sector Leads Job Openings Surge
October 03, 2023  |  Economy

The number of job openings in the United States leaped 5.8% during August, reaching 9.6 million at the end of the month. At the same...

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UiPath and Apprio Team to Offer AI Automation to Health Sector
UiPath and Apprio Team to Offer AI Automation to Health Sector
October 03, 2023  |  Artificial Intelligence

UiPath has teamed with firm Apprio to offer automated revenue cycle management services to healthcare organizations. The expanded partnership, announced Tuesday (Oct. 3), involves UiPath — maker of...

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Citi Launches BNPL Option for Costco Anywhere Visa Cardholders
Citi Launches BNPL Option for Costco Anywhere Visa Cardholders
October 03, 2023  |  Buy Now Pay Later

Citi announced that Costco Anywhere Visa cardmembers can now access its buy now, pay later (BNPL) option, Citi Flex Pay, to pay for purchases. The...

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Will CBDCs Pave Path to Better Liquidity Management and X-Border Trade?
Will CBDCs Pave Path to Better Liquidity Management and X-Border Trade?
October 03, 2023  |  CBDC

For companies large and small and their financial institutions (FIs) navigating operations and trade across borders, foreign exchange (FX) represents a key cost of doing...

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FedNow Service Surpasses 100 Participants Since July Launch
FedNow Service Surpasses 100 Participants Since July Launch
October 03, 2023  |  Faster Payments

More than 100 institutions are now actively participating on the Federal Reserve’s FedNow® Service network, which launched in July. There are now 108 financial institutions sending and...

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Chipotle and Hyphen Team to Test Robot Food Prep
Chipotle and Hyphen Team to Test Robot Food Prep
October 03, 2023  |  ResTech

Chipotle wants to test whether robots can prepare its burrito bowls and salads. The fast casual chain announced Tuesday (Oct. 3) it had teamed with automated food service...

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