News

Artificial Intelligence
OpenAI Bolsters Lobbying Arm Amid Regulatory Pressure
June 13, 2024

OpenAI is reportedly expanding its lobbying department as the artificial intelligence industry faces more regulatory oversight. 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...

Retail
EBay to Add Venmo as Payment Option in US
June 13, 2024

Online marketplace eBay will add Venmo as a payment option in the coming week, saying it aims to expand payment method choice and cater to the preferences of Gen Z and millennial shoppers. Get the Full Story Complete the form to unlock this article and...

Retail
Shein Reportedly Raises Prices as IPO Looms
June 13, 2024

As it prepares to go public, fast fashion retailer Shein is reportedly driving up prices. 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....

eCommerce
Poshmark is Throwing a Virtual Shopping Party for Gen Z
June 13, 2024

With young shoppers increasingly seeking more social shopping experiences across digital and physical channels, Poshmark is turning to virtual, live events to generate enthusiasm and engagement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Artificial Intelligence
Trustly Unveils AI-Powered Recurring Payments Solution in Europe
June 13, 2024

Trustly unveiled an artificial intelligence-powered recurring payments solution that is designed to streamline subscription payments. 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,...

Payments Innovation
Trustly Inc. CEO Says Pay by Bank Is the Next-Gen ACH
June 13, 2024

It’s said that imitation is the sincerest form of flattery. If that’s the case, payments industry veteran and Trustly Inc. CEO Alex Gonthier should feel quite validated these days. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
InScope Raises $4.3 Million to Expand Financial Reporting, Auditing Platform
June 12, 2024

InScope officially launched and announced it raised $4.3 million to grow its platform designed to facilitate financial reporting and audits for private companies.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Millennial Shoppers Lead Resale’s Growth
June 12, 2024

As consumers turn to secondhand shopping options to manage their budgets amid inflation, millennials are leading the way. 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...

Investments
CargoSense Raises $8 Million to Enhance Supply Chain Automation
June 12, 2024

Supply chain automation firm CargoSense has raised $8 million in new funding. 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 this...