PYMNTS News

Report: Databricks Completes Largest Financing Round Yet, Raising $5 Billion
Report: Databricks Completes Largest Financing Round Yet, Raising $5 Billion
January 13, 2025  |  Investments

Databricks has reportedly raised $5 billion in financing, its largest debt raise ever, according to a Monday (Jan. 13) Bloomberg report. The funds were raised...

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What Is Artificial General Intelligence and Why It Matters to Business
What Is Artificial General Intelligence and Why It Matters to Business
January 13, 2025  |  artificial intelligence

Artificial general intelligence (AGI) represents what many consider the Holy Grail of AI: machines that can understand, learn and apply knowledge across different situations and...

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CFPB Seeks to Stop Financial Companies From ‘Weaponizing’ Fine Print
CFPB Seeks to Stop Financial Companies From ‘Weaponizing’ Fine Print
January 13, 2025  |  CFPB

The Consumer Financial Protection Bureau (CFPB) said Monday (Jan. 13) that it aims to stop financial companies from using fine print in contracts that results in...

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GoodRx CFO Karsten Voermann to Resign for Personal Reasons
GoodRx CFO Karsten Voermann to Resign for Personal Reasons
January 13, 2025  |  Personnel

GoodRx Holdings disclosed Monday (Jan. 13) that its chief financial officer, Karsten Voermann, submitted his resignation Tuesday (Jan. 7), effective Friday (Jan. 16). The company...

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From Storefronts to Social Media: How Primark Is Connecting With US Shoppers
From Storefronts to Social Media: How Primark Is Connecting With US Shoppers
January 13, 2025  |  Retail

Known for its value-driven fashion, discount department store chain Primark is stepping up its game in the U.S.with a bold new marketing strategy. After nearly...

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Chainalysis Bolsters Fraud Detection Capabilities With Alterya Acquisition
Chainalysis Bolsters Fraud Detection Capabilities With Alterya Acquisition
January 13, 2025  |  Acquisitions

Blockchain data platform Chainalysis acquired Alterya, an artificial intelligence-powered fraud detection solution that works with cryptocurrency exchanges and FinTechs to identify scammers and protect the...

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How Digital Engagement is Reshaping the $320 Billion Food Service Industry
How Digital Engagement is Reshaping the $320 Billion Food Service Industry
January 13, 2025  |  Retail

For Mani Kulasooriya, co-founder and CEO of Cut+Dry, an eCommerce and advertising platform for independent food service distributors and manufacturers, digital engagement is impacting the...

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3 Reasons Now Is the Golden Age of B2B Procurement
3 Reasons Now Is the Golden Age of B2B Procurement
January 13, 2025  |  B2B Payments

Digital transformation’s impact is typically specific to each sector, company or workflow. But no matter how granular and varied the effect, embracing innovation can help...

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Float Financial Raises $49 Million to Expand Business Finance Platform
Float Financial Raises $49 Million to Expand Business Finance Platform
January 13, 2025  |  Investments

Float Financial has raised 70 million Canadian dollars (about $49 million) in a Series B funding round to expand its business finance platform for Canadian...

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