Chargeback management firm Justt raised $30 million to bolster its artificial intelligence-powered platform. The Series C round brings Justt’s total funding to $100 million and will allow it to expand into high-growth regions as it aims to reach profitability by 2027, according to a Thursday...
America’s homeland security chief is reportedly worried about the European Union’s approach to AI regulation. Alejandro Mayorkas, outgoing head of the U.S. Department of Homeland Security, said in an interview with the Financial Times (FT) Thursday (Dec. 19) that Europe’s “adversarial” relationship with tech companies is hindering broader...
MIT researchers have created a way to turn baffling AI decisions into plain English, using an innovative system that acts like a translator between machines and humans. EXPLINGO pairs artificial intelligence (AI) language models with a built-in fact-checker to turn complex machine-learning explanations into clear...
Payments innovations impacted small- to medium-sized businesses (SMBs) in 2024. For years, SMBs lagged behind larger enterprises in adopting digital payment solutions, hindered by limited budgets, resources and expertise. To this day, many SMBs are operating in a hybrid payment environment, balancing legacy systems with...
December 19, 2024
The stakes for fraud prevention and data security are rising with innovation across digital payments. Trust remains the cornerstone of today’s dynamic ecosystem, but it is increasingly tested by a web of risks, including fraud and security vulnerabilities, compliance demands, counterparty reliability, payment failures and more. “These threats aren’t just financial; they strike at the […]
December 19, 2024
Credit cards have long been a catnip for criminals. The lure is undeniable. “Your account number is valuable — it has personal information that if someone gets a hold of,...
December 17, 2024
For decades, finance functions and treasury teams stared down tedious, manual and repetitive workflows. But today’s financial landscape is in constant motion. Rising regulatory pressures, unpredictable global economic conditions and...
December 17, 2024
Trust is a balancing act as companies, banks and merchants collaborate to make everyday financial life and commerce a reality. Featurespace Chief Operating Officer Tim Vanderham told PYMNTS in an...
December 19, 2024
Chargeback management firm Justt raised $30 million to bolster its artificial intelligence-powered platform. The Series C round brings Justt’s total funding to $100 million and will allow it to expand into high-growth regions as it aims to reach profitability by 2027, according to a Thursday (Dec. 19) press release. “The company will enhance its proprietary […]
December 19, 2024
America’s homeland security chief is reportedly worried about the European Union’s approach to AI regulation. Alejandro Mayorkas, outgoing head of the U.S. Department of Homeland Security, said in an interview with the Financial...
December 19, 2024
Apple is facing new pressure in Europe to let competitors access its iPhone operating system. The European Commission (EC) on Wednesday (Dec. 18) published a pair of documents covering how the tech giant needs to...
December 19, 2024
Apple is reportedly seeking ways to add AI to its smartphones sold in ChatGPT-less China. The iPhone maker is in discussions with two Chinese tech giants — Tencent and TikTok parent ByteDance — about integrating...
