For Missouri-based community bank OMB Bank, finding the right fintech partner used to be a slow, manual process. Executive Vice President and Chief of Staff Jessica Sims recalls working from static PDFs of the bank's preferences, followed by endless back-and-forth emails whenever a fintech expressed interest. The process worked, but painfully slowly, and promising opportunities often slipped through the cracks.
Microsoft never sleeps when it comes to AI, as its $80 billion investments in data centers prove. Now, the company is exploring compensation options for publishers whose content is used by AI. As reported by Axios, Microsoft is creating what they call the Publisher Content Marketplace, or PCM for short. The program will launch with a select set of publishers during the pilot phase, with additional publishers being brought on over time. News was first broken at an invite-only publisher summit in Monaco last week.