News

Retail
Consumer Group Aims to Close Quarter-Billion ‘Gift Card Loophole’
January 09, 2024

A consumer group is campaigning to change Washington state’s 20-year-old gift card law. 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....

Banking
Bank of America Adds ‘Insights’ to CashPro Platform
January 09, 2024

Bank of America has debuted an analytics tool for its CashPro digital banking platform. 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...

Retail
Synchrony Lets Pet Parents Put Doggie Daycare and Grooming on Payments Plans
January 09, 2024

Almost 1 in 5, or 23 million, American households welcomed a new furry friend during the pandemic. However, the significance extends beyond the surge in pet adoptions. People are increasingly acknowledging that furry companions occupy a special and cherished place not only in their hearts...

Retail
myGemma CEO: Luxury Resale’s Network Effect Fosters Loyalty, Repeat Business
January 09, 2024

Luxury resale tends to be dominated by consignment platforms. Sites like The RealReal buy designer clothes, bags and jewelry, and then mark the prices to a level that will move the inventory. Get the Full Story Complete the form to unlock this article and enjoy...

Artificial Intelligence
Judges in England and Wales Can Use AI for Writing
January 08, 2024

Judges in England and Wales can now use artificial intelligence (AI) to assist them in writing legal rulings. 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...

Artificial Intelligence
OpenAI Says New York Times Lawsuit Surprising and Without Merit 
January 08, 2024

OpenAI said The New York Times lawsuit targeting it is without merit.  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...

Artificial Intelligence
Duolingo Cuts 10% of Contractors While Expanding Use of AI 
January 08, 2024

Duolingo has cut about 10% of its contractors due to its use of generative artificial intelligence (AI) to create content.  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...

Banking
Barclays’ 2023 Layoffs Reached 5,000 as Banks Cut Back
January 08, 2024

Barclays reportedly laid off about 5,000 workers in 2023 as part of a cost-cutting campaign. 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...

Artificial Intelligence
Microsoft Copilot Trails ChatGPT in Downloads Since Launch
January 08, 2024

Microsoft Copilot, an artificial intelligence (AI) chatbot developed with OpenAI technologies, has not had a substantial impact on OpenAI’s own chatbot, ChatGPT. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...