Today on PYMNTS

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Retail
Luxury Mystery Boxes Turn Shopping Into a $500 Surprise

Luxury shopping has developed a new answer to “What did you buy?” “I’ll know…

Mondelēz Sees eCommerce Growth, Downplays D2C Role
Earnings
Snack Giant Mondelez Says Inflation Pressure Drives Global Demand for…

Mondelez International saw broad-based demand for its snack foods in the third quarter, despite concerns…

Samsung
Artificial Intelligence
Samsung Warns AI Memory Shortage Will Worsen Through 2027

Samsung expects the demand for memory to “far exceed” supply in 2027, the company…

Scotiabank
Banking
Scotiabank Wins Fed Approval to Buy Oklahoma-Based MapleMark Bank

The Federal Reserve Board approved the application by the Bank of Nova Scotia to…

AI, product discovery, eCommerce
Retail
Revolve Lifts Revenue per Visit By 50% With AI-Personalized Landing…

A shopper who clicked a Revolve ad used to land on the same brand…

Binance
Cybersecurity
Binance Hack Tests Its Pledge to Cover Customer Losses

Binance’s pledge to absorb an estimated $6.3 billion theft leaves the exchange responsible for…

Apple
Artificial Intelligence
Apple Acquires AI Firm Ascend.io Talent and Patents

Apple acquired artificial intelligence firm Ascension Labs, which does business as Ascend.io, in June,…

ADT building
Artificial Intelligence
Why AI Investors Are Buying ADT, Accountants and Call Centers

Artificial intelligence investors are no longer only backing software for accountants, property managers and…

Banking
Galaxy Digital Seeks Bank Charter to Expand Financial Services Reach

Digital assets and data infrastructure company Galaxy Digital aims to create a national trust…

Acquiring
CD&R and GTCR Launch $40 Billion Buyout Bid for Global…

Private investment firm CD&R and private equity group GTCR have teamed up on a…

Amazon Pharmacy
Artificial Intelligence
Amazon Fills the Prescription ChatGPT Can’t

Amazon is turning the app people open to reorder paper towels into the place…

Earnings
The RealReal Competes for the Decisions Behind Luxury Purchases

Luxury resale platform The RealReal reported record quarterly GMV, revenue and orders for the…

Florida Capitol, AI regulation
Artificial Intelligence
Florida Takes Unlikely Lead Role in State Push to Regulate…

Florida is emerging as an aggressive regulator of artificial intelligence (AI) and major technology…

AI, banking, returns
Economy
Deutsche Bank Warns AI Stock Selloff Threatens Dollar Safe-Haven Status

The current artificial intelligence (AI)-driven market correction could impact the dollar’s status as a…

Artificial Intelligence
New York Bill Would Raise AI Safety Regulations

One year after passing the landmark RAISE Act, a pair of New York lawmakers…

b2b payments, AI, automation, digital transformation
B2B Payments
Unilever and Nestlé Put AI to Work Between Orders and…

Artificial intelligence agents are processing purchase orders and preparing collections work as businesses automate…

Easol
Artificial Intelligence
Easol Secures $30 Million to Scale AI Tools for Experience…

Easol raised $30 million in a Series A extension funding round to continue scaling…

airfare, airlines, fees
Travel Payments
AI Startups Claw Back Traveler Refunds When Airline Fares Drop

Three startups are helping travelers save on airfare when there is a price drop…

Amazon
eCommerce
Amazon Wins 59% of AI-Assisted Purchases as Checkout Becomes the…

Generative artificial intelligence (AI) is doing something that years of retail competition struggled to…

Binance
Cybersecurity
Hackers Steal $6.3 Billion From Binance in Record Crypto Heist

Hackers stole $6.3 billion from Binance, the world’s largest cryptocurrency exchange, in the biggest…

Cover image for the October 30 PYMNTS Intelligence By the Numbers. PYMNTS Intelligence explores small business AI growth, credit union rewards, Gen X shopping habits and key trends in retail and finance.
Consumer Insights
By the Numbers: The Best of PYMNTS Intelligence for Oct….

AI is gaining users, but shoppers still want control and small businesses still win…

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