News

Faster Payments
Five Months in, FedNow Is ‘Doing What It Was Planned to Do’
December 01, 2023

Five months since the FedNow® Service launched, Miriam Sheril, head of product, U.S. at Form3, told PYMNTS, there are some encouraging signs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Amazon Amps Up AI Efforts, While Walmart Takes a Shoppable Blockbuster Approach
December 01, 2023

This week, eCommerce giant Amazon rolled out a new slew of artificial intelligence (AI) tools, giving brands and retailers a chance to upgrade their customer experiences without breaking the bank. Mega retailer Walmart, on the other hand, is hoping to draw more shoppers with a new blockbuster debut. ...

IPO
FinTech IPO Index Gains 4.3%, Affirm Jumps on BNPL’s Black Friday Popularity   
December 01, 2023

And now, we’re back to the regularly scheduled stock market volatility. 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...

Payment Methods
What to Know About the Embedded Finance Opportunity for Software Platforms and Marketplaces
December 01, 2023

Embedded finance has the potential to revolutionize the way software platforms and marketplaces operate. 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...

Mobile Commerce
Microsoft Prepares to Launch Mobile Gaming Store
November 30, 2023

Microsoft is in talks with partners to launch a mobile gaming store that would compete with those of Apple and Google. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
Can’t Choose the Right AI Model? Amazon Wants to Help
November 30, 2023

For nearly a year, there has been one clear generative artificial intelligence leader: OpenAI. 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...

CFPB
CFPB Handles 20,000 Consumer Complaints Per Week
November 30, 2023

The Consumer Financial Protection Bureau (CFPB) sends 20,000 complaints to companies for responses every week. 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,...

eCommerce
Kroger Takes Short-Term Margin Hit on eCommerce to Drive Long-Term Growth
November 30, 2023

As Kroger continues to drive double-digit digital growth, the grocery giant is accepting a negative impact on profit margins for the time being, betting on its digital transformation to drive long-term loyalty and spending. Get the Full Story Complete the form to unlock this article...

B2B Payments
Pluto Partners With Mastercard on Payment Options in GCC Region 
November 30, 2023

Pluto, a provider of financial corporate spend management solutions in the United Arab Emirates (UAE), has partnered with Mastercard to provide B2B payment solutions in the Gulf Cooperation Council (GCC) region.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...