Innovation news and trends

Visa Invests in Four African FinTech Startups From Accelerator Program
VISA // November 06, 2024

Visa is injecting fresh funding into four startups that graduated from the first batch of its Visa Africa Fintech Accelerator program. The investments highlight Visa’s dedication to driving digital innovation within Africa, according to a Wednesday (Nov. 6) news release emailed to PYMNTS. In doing...

Goodbye Treasure Hunts? AI Reshapes Online Thrifting
Artificial Intelligence // November 05, 2024

The digital equivalent of rummaging through clothing racks may soon become a relic as ThredUp rolls out artificial intelligence to transform the happily chaotic world of thrifting into a precision-targeted retail experience. The technology promises to match millions of unique items with potential buyers by...

OpenAI Names Meta Augmented Reality Vet Caitlin Kalinowski to Head Robotics Project
Personnel // November 05, 2024

The one-time head of Meta’s augmented reality glasses project is headed to OpenAI. Caitlin Kalinowski has been hired to oversee the artificial intelligence startup’s robotics effort, according to a Monday (Nov. 4) post on LinkedIn. Kalinowski began leading Meta’s AR glasses team in March 2022,...

Travel Sites Add AI Tools as Google Maps Hits 2 Billion Monthly Users
Artificial Intelligence // November 05, 2024

Google Maps introduced Gemini artificial intelligence features for its growing user base as HotelPlanner announced its automated voice assistant handles 10,000 daily hotel bookings, and Booking.com launched natural language search across its platform. The three companies added capabilities from location recommendations to automated reservations and...

Interviews & Exclusives
Navigating the Future of B2B: Collaboration, Innovation and Risk Management

November 08, 2024
Teamwork makes the dream work, especially when that dream is better B2B payments. With FinTech innovators increasingly pairing up with secure and reliable financial institutions, the future looks bright. Tribh Grewal, head of FinTech partnerships at Discover® Global Network, and Jonathan Vaux, head of propositions and partnerships at Thredd, discussed with PYMNTS how FinTechs and […]

Discover Global Network: Connected Devices lead the way to the Future of Commerce

November 04, 2024
From touchless digital payments experiences to connected vehicles, technology provides opportunities for innovation and collaboration across many industries, including payments. Connected devices offer consumers the ability to quickly adopt digital...

The Two Things That CFOs and Treasurers Want From Working Capital Solutions

November 04, 2024
The economy is unpredictable, and companies are clamoring for on-demand working capital solutions that can be tailored to their unique needs. Imagine a world where your bank knows your business...

Panel: Turning Payments Into Deposits Fuels the Next Era of Embedded Banking

October 31, 2024
Call it one more unpredictable turn in an unpredictable year. As the convergence of financial technology gets closer to consumers and businesses, the focus on money movement takes a twist...

Quick Reads
Visa Invests in Four African FinTech Startups From Accelerator Program

November 06, 2024
Visa is injecting fresh funding into four startups that graduated from the first batch of its Visa Africa Fintech Accelerator program. The investments highlight Visa’s dedication to driving digital innovation within Africa, according to a Wednesday (Nov. 6) news release emailed to PYMNTS. In doing so, the payments giant aims to foster the development of […]

OpenAI Names Meta Augmented Reality Vet Caitlin Kalinowski to Head Robotics Project

November 05, 2024
The one-time head of Meta’s augmented reality glasses project is headed to OpenAI. Caitlin Kalinowski has been hired to oversee the artificial intelligence startup’s robotics effort, according to a Monday...

Report: Investors Remain Uncertain About Apple AI Features’ Impact on Sales

November 01, 2024
Apple shares dipped early Friday (Nov. 1) as investors remained uncertain about the prospects for the company’s rollout of artificial intelligence features. Apple gave guidance Thursday (Oct. 31) for low-...

Visa Reports More Than 500 Generative AI Applications

November 01, 2024
Visa reportedly uses more than 500 generative artificial intelligence applications and is looking to add more. The company aims to gain the benefits of the technology sooner than others and...