News

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...

Artificial Intelligence
Moving GenAI in Payments From Talking Point to Embedded Feature
January 29, 2024

From education to business to healthcare, the opportunities that artificial intelligence presents are limitless — at least according to proponents of the technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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 —...

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...

Artificial Intelligence
AI Startup Sierra Aims to Raise $85 Million to Tackle Business ‘Problems’
January 26, 2024

Sierra, an enterprise-focused AI startup co-founded by OpenAI Chairman Bret Taylor and former Google executive Clay Bavor, is reportedly on the verge of achieving unicorn status with a new investment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cross-border Payments
Airbnb to Raise Guest Service Fees 2% for Cross-Currency Bookings
January 26, 2024

Airbnb will add about 2% to its guest service fees when guests pay with a currency different from the one set by the host in their listing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...