News

Retail
Is Rent the Runway Struggling or Strategically Recalibrating? 
January 11, 2024

Rent the Runway, a fashion rental company, has undergone adjustments, including a 10% reduction in its corporate workforce. However, the question arises: Is this indicative of a struggling company, or is it merely a recalibration? Get the Full Story Complete the form to unlock this...

Artificial Intelligence
Addressing the Complexities and Risks of AI in Finance
January 11, 2024

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 agree to receive marketing communications from PYMNTS and...

Investments
Exponent Co-Founder Eyes B2B Startups Riding ‘Growth Curves’
January 11, 2024

Mahdi Raza, co-founder and co-managing partner of Exponent Founders Capital, told Karen Webster that the landscape is changing for investors eyeing the digital transformation of various sectors — especially B2B. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
RetailMeNot Says Consumers Start With Deals and Stay for Brands or Retailers
January 11, 2024

In the narrative of the retail scene, the consistent theme over the last two years has been the influence of inflation on consumer spending. However, this impact extends beyond the mere allocation of funds, as promotions and discounts have now become even more integral to...

Artificial Intelligence
OpenAI Launches GPT Store, Review System, Management Tools
January 10, 2024

OpenAI has launched a store offering custom versions of its ChatGPT chatbot, which it dubs “GPTs.” 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....

Artificial Intelligence
Patronus AI and MongoDB Partner to Enhance Generative AI Testing and Evaluation
January 10, 2024

Patronus AI, an automated evaluation and security platform, has announced a partnership with MongoDB, a database platform, to bring automated large language models (LLM) evaluation and testing capabilities to enterprise customers.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Unattended Retail
Unattended Payments Surge as Most U.S. Consumers Favor Self-Service Kiosks Over Staffed Checkouts
January 10, 2024

The unattended market, accounting for over $31 billion in the United States alone, is transforming the convenience commerce landscape and revolutionizing payment experiences in various settings such as offices, hotels, and universities. Get the Full Story Complete the form to unlock this article and enjoy...

Artificial Intelligence
Lipstick Goes AI at CES
January 10, 2024

CES 2024 is shaping up to be a watershed event for artificial intelligence (AI) and the connected economy. After the pre-show hype focused on robotics and the connected home, the event’s first two days were packed with consumer brands declaring their intentions to build AI...

B2B Payments
Medius Supports AP Management Solution With Launchpad’s Integration-Platform-as-a-Service
January 10, 2024

Medius, a company specializing in accounts payable (AP) management, partnered with Launchpad Technologies to deliver an Integration-Platform-as-a-Service (iPaaS) solution. 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...