Innovation within payments and commerce is increasingly centered on fostering global financial interoperability and inclusion. Already, the first half of 2024 has been particularly action-packed for the payments industry, marked by significant technological advancements and strategic initiatives aimed at reducing transaction costs as a key...
Embedded finance, as a concept, has been around for a while, but not in the technologically savvy, user-friendly form it takes in today’s iteration. Embedded finance has emerged as a key weapon in the retail quest for online and offline customer conversions. The technology that...
As open banking takes root in the United States, the role of application programming interfaces (APIs) will become more widely known and appreciated. That’s one of the predictions and insights stemming from a recent PYMNTS interview with Seth Perlman, global head of product at payment...
OpenAI’s upcoming ban on application programming interface (API) access to its artificial intelligence (AI) models in China doesn’t apply to Microsoft Azure’s customers in the country. Azure operates in China via a joint venture and has made it clear in public statements that the AI models...
July 26, 2024
As the financial services landscape rapidly evolves, traditional banks and financial institutions (FIs) find themselves at a pivotal juncture. The emergence of embedded finance and banking-as-a-service (BaaS) is revolutionizing the industry, pushing banks to adapt or risk being outpaced by nimble competitors from the Big Tech and FinTech sectors. A recent PYMNTS Intelligence report, “Embedded […]
July 22, 2024
Innovation within payments and commerce is increasingly centered on fostering global financial interoperability and inclusion. Already, the first half of 2024 has been particularly action-packed for the payments industry, marked...
July 16, 2024
Embedded finance, as a concept, has been around for a while, but not in the technologically savvy, user-friendly form it takes in today’s iteration. Embedded finance has emerged as a...
July 09, 2024
As open banking takes root in the United States, the role of application programming interfaces (APIs) will become more widely known and appreciated. That’s one of the predictions and insights...
July 08, 2024
OpenAI’s upcoming ban on application programming interface (API) access to its artificial intelligence (AI) models in China doesn’t apply to Microsoft Azure’s customers in the country. Azure operates in China via a joint venture and has made it clear in public statements that the AI models are available to its customers in the country, Seeking Alpha reported […]
June 25, 2024
Payment infrastructure solution firm Payabli raised $20 million in a Series A round. The Software-as-a-Service (SaaS) company plans to use the funding to drive product development and reinforce security and...
May 29, 2024
Embedded payments technology company VoPay has debuted a digital transaction and cash management platform. Dubbed TXB, the platform is designed to help banks and credit unions launch “API-first transaction banking...
May 23, 2024
AvidXchange and MIP Fund Accounting by Community Brands partnered to provide a fully digitized invoice-to-pay process to nonprofit groups. With this collaboration, AvidXchange’s accounts payable (AP) automation solution has been integrated into MIP’s cloud-based, software-as-a-service (SaaS)...
