News

B2B Payments
Mid-Sized Firms Are Lagging in AP and AR Automation
January 29, 2024

Automation of business processes among small and medium-sized businesses (SMBs) is traditionally behind the level of adoption shown by larger companies that have more economic and technological resources to allocate to this purpose.  Specifically, accounts payable (AP) and accounts receivable (AR) automation implies, among other...

Retail
Free Shipping Bolsters Loyalty Most Among Online Shoppers
January 29, 2024

Foot traffic is a key metric of customer attraction for brick-and-mortar stores, and online visits are the corresponding metric for online shops. If the product assortment and the shopping experience itself are key factors when shopping in a physical store, recent market research by PYMNTS...

Artificial Intelligence
GenAI Levels the Payments Tech Playing Field for Small Businesses
January 29, 2024

Artificial intelligence (AI) has been around for a while and has already made inroads in financial services, helping to automate back-office functions, and helping customers with millions of inquiries each year. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Faster Payments
Only 30% of Non-Recurring Payments Are Made in Real Time
January 29, 2024

Ad hoc payments, which are irregular payments made outside of normal invoicing and payroll processes, can be a hassle for enterprises. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
JCPenney Takes AI Into the Store to Appeal to Cost-Conscious Shoppers
January 29, 2024

At they navigate a market heavily influenced by inflation, retailers must use a range of tools to respond to the needs of value-driven consumers.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Social Commerce
X Boosts Content Moderation Teams as Taylor Swift Deep Fakes Go Viral on Platform
January 28, 2024

Social media platform X is hiring 100 content moderators to police child abuse content. 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...

IPO
Reddit Pushed by Investors to Seek $5 Billion IPO Valuation
January 28, 2024

Reddit’s potential investors reportedly want the company to seek a $5 billion IPO valuation. 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....

Retail
Venus et Fleur Pitches Flowers as Valentine’s Day Investments 
January 27, 2024

Valentine’s Day has long been associated with the exchange of thoughtful gifts, and few tokens of affection are as iconic as a bouquet of flowers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Proof Technology Raises $30.4 Million to Grow Litigation Services Platform
January 26, 2024

Proof Technology has secured $30.4 million in Series B funding to advance its online litigation services marketplace. 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...