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Google has introduced an artificial intelligence-powered conversational platform designed for the workplace.
The new Gemini Enterprise brings together a company’s data, tools and people; enables employees to chat with the company’s documents, data and applications; and provides pre-built AI agents as well as the tools to build and deploy agents, Google and Alphabet CEO Sundar Pichai...
The Financial Stability Board said in a press release Thursday (Oct. 9) that a 2027 cross-border payment benchmark deadline is unlikely to be met.
The FSB, which represents the G20 nations, set goals in 2021, such as having 75% of cross-border payments be credited with the beneficiary within an hour by 2027.
But in a consolidated progress report published Thursday, the FSB said this...
Citi Ventures says it has invested in stablecoin infrastructure platform BVNK.
The investment, announced in a Thursday (Oct. 9) news release, follows other recent deals between BVNK and backers such as Visa, Haun Ventures, Tiger Global amid an ongoing shift to digital asset-based infrastructure.
“Stablecoins are seeing increased interest in use for settlement of on-chain and crypto...
Artificial intelligence (AI) agent startup n8n has raised $180 million in new funding.
The company’s Series C round, which included participation from Nvidia’s investment arm, values n8n at $2.5 billion, according to a Thursday (Oct. 9) announcement. Based in Germany, n8n helps companies develop and deploy agentic AI automations.
“n8n has built the automation and orchestration layer ...
Private capital software platform Carta has acquired Sirvatus, a private credit fund loan administration platform.
The company says this deal, announced Thursday (Oct. 9), makes Carta “the first truly integrated platform for private credit fund managers,” combining fund administration, loan operations and investor reporting into one platform.
Terms of the deal were not released.
In a...
Watch more: Need to Know: Finexio, Ernest Rolfson
Since its inception, the accounts payable (AP) function has been a sleepy back-office chore.
It represented the type of financial plumbing that chief financial officers rarely mentioned on earnings calls. But not anymore.
A new wave of AP modernization, blending managed services with artificial intelligence automation, is recasting...
The way money moves is changing faster than ever, and so are the conversations shaping it.
To give audiences a more dynamic way to engage with the ideas and leaders defining the digital economy, PYMNTS launched the PYMNTS Podcast, a new destination for the stories and strategies driving payments and commerce forward.
The podcast brings together multiple ongoing series, each with its...
Artificial intelligence is moving so fast that its promise can feel dizzying. Each new month brings announcements of breakthroughs that could redefine industries. For business leaders, the challenge is not only deciding whether to embrace AI but understanding why, when and where it truly adds value.
As Athena Capital Investment Partner Serena Dayal noted in a conversation with PYMNTS...
When uncertainty rises, so does nostalgia for the familiar. In the U.S. middle market, where firms straddle the line between enterprise scale and small business agility, that means borrowing the old-fashioned way.
Despite the efficiency of embedded lending, which is credit extended directly through digital platforms and enterprise tools, just 1 in 5 firms prefer it to traditional bank...
Watch more: Trend Talk: American Express, Pavan Krishna
New business norms require modes of thinking that aren’t just the same old, same old.
Today, innovation across accounts receivable (AR) and accounts payable (AP), is taking center stage for forward-thinking firms.
“AR and AP automation is no longer a nice to have. These are becoming very much table-stake functions for businesses...