News

Retail
Retailers Adjust Strategies to Meet Financially Strained Consumers’ Needs
January 19, 2025

With ongoing financial strain causing many consumers to live paycheck to paycheck, retailers are adjusting strategies to cater to cost-conscious shoppers. As inflation pressures persist and savings dwindle, retailers are prioritizing value-driven offerings and digital infrastructure to spark increased customer engagement. Get the Full Story...

Retail
US Consumers Spend ‘Robustly’ After Almost $1 Trillion Holiday
January 19, 2025

After a nearly $1 trillion holiday season, U.S. consumer spending shows no sign of slowing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Banking
Santander Reportedly Considering Exit of UK Banking Market
January 19, 2025

Santander is reportedly rethinking its U.K. presence 20 years after entering the British banking market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Social Commerce
TikTok Begins Restoring Service After Trump Pledges Ban Reversal
January 19, 2025

After years of political and legal wrangling, the TikTok ban only lasted a few hours. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Social Commerce
Perplexity AI Eyes TikTok Merger Amid US Ban
January 19, 2025

Search engine startup Perplexity AI reportedly wants to merge with TikTok. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Regulation
American Honda Finance to Settle CFPB Allegations of ‘Sloppy’ Credit Reporting
January 17, 2025

American Honda Finance Corporation (AHFC) reached an agreement with the Consumer Financial Protection Bureau (CFPB) to settle the regulator’s allegations that the company reported inaccurate information that was then added to consumers’ credit reports. Get the Full Story Complete the form to unlock this article and...

Regulation
FTC Urges Continued Research Into ‘Surveillance Pricing’
January 17, 2025

Days before the inauguration of President-elect Donald Trump, the Federal Trade Commission (FTC) released early findings from its ongoing study of what it calls “surveillance pricing” and said this research should continue. Get the Full Story Complete the form to unlock this article and enjoy...

Regulation
GrubMarket Settles SEC Charges That It Gave Investors Unreliable Financial Information
January 17, 2025

GrubMarket, a private eCommerce food distributor, settled Securities and Exchange Commission charges that it violated antifraud provisions of the federal securities laws by providing investors with unreliable financial information. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Artificial Intelligence
This Week in AI: Biden Signs Executive Orders; Nvidia Targets Healthcare
January 17, 2025

This week in artificial intelligence, President Joe Biden issued executive orders related to AI leadership and safety while Nvidia unveiled partnerships with healthcare organizations to accelerate drug discovery. OpenAI, Amazon and Elon Musk were also in the news. Get the Full Story Complete the form...