News

Investments
Construex Raises $4.6 Million to Digitize Latin American Construction Industry
November 27, 2023

Construex, an Ecuador-based software-as-a-service marketplace, has raised $4.6 million in seed funding to accelerate its mission of digitizing the construction industry in Latin America. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Tesco Adds Scan-Free Kiosks as Grocers Try New Self-Checkout Systems
November 27, 2023

British grocery giant Tesco is trying out a new, more frictionless type of self-service kiosk, as grocers around the world are trying new ways to save on cashier labor and boost store efficiency. Get the Full Story Complete the form to unlock this article and...

Investments
Mozaic Raises $20 Million to Expand Payment Platform for Creators
November 27, 2023

Mozaic has raised $20 million to expand its payment platform for creators. 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...

Payment Methods
Millennials Fuel Split-Pay Retail Purchases on Black Friday and Beyond
November 27, 2023

As we enter the holiday season, consumers are finding ways to manage their finances. 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...

eCommerce
Merchants’ Black Friday Was Good Despite Missing Sales from Failed Payments
November 27, 2023

More than half of Americans made at least one purchase on Black Friday, according to PYMNTS Intelligence data. However, not all online transactions were likely successful. According to PYMNTS Intelligence data, nearly 1 in 10 online transactions failed in the last 12 months, which means that on...

Artificial Intelligence
Singapore Airport Tests AI for Baggage Security
November 27, 2023

Singapore’s Changi Airport is reportedly gauging whether artificial intelligence can reduce security check-in times. 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...

Delivery
Amazon Surpasses UPS to Become Largest Delivery Service in US
November 27, 2023

 Amazon has reportedly surpassed UPS to become America’s largest delivery business. 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 form, you...

Retail
From Slump to Surge, Ads and Influencers Revive Black Friday
November 27, 2023

Despite the price hikes that threatened the Black Friday spirit, 2023 saw shoppers rising to the occasion with a 10% surge in participation compared to 2020. But who were the true “price-fighters” behind this boost? Try good old advertisements, influencers and retail media. Get the...

Artificial Intelligence
US Signs International AI Safety Agreement
November 27, 2023

Can artificial intelligence (AI) companies create systems that are “secure by design?” 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...