News

Retail
Gen Z Favors Brands vs Retailers for Card-Linked Offers
December 26, 2023

Retailers and brands are constantly seeking ways to foster customer loyalty and generate new sources of sales. One effective strategy is to leverage item-level receipt data to provide personalized and relevant card-linked offers. These programs provide economic incentives, such as cash-back rewards, which increase customer...

Artificial Intelligence
Korean Tech Firm Naver Aims to Expand Use of Its Robots 
December 26, 2023

South Korea’s Naver reportedly wants to export its 5G-based cloud robotics technology to new countries. 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,...

Artificial Intelligence
Companies Build In-House AI Models for Specific Tasks
December 26, 2023

Despite OpenAI’s popularity, businesses are reportedly turning to smaller artificial intelligence (AI) models that fit their needs. 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...

Investments
Report: Investors in EV Charging Grow ‘Weary’ Waiting for Profits
December 26, 2023

Electric vehicle (EV) charging companies reportedly don’t have much juice with investors these days. 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...

Retail
Retailers Wrestle With ‘Trillion Dollar Problem’ of Returns
December 26, 2023

The holiday shopping season has come to a close. The holiday returns season has just begun, and if past years are any indication, consumers could be set to send back a lot of stuff. Get the Full Story Complete the form to unlock this article and...

Banking
Banks Slash 60K Jobs as Dealmaking and IPOs Decline
December 26, 2023

The world’s biggest banks reportedly slashed more than 60,000 jobs in 2023. 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...

Retail
Holiday Online Retail Sales Jump 6.3% Amid ‘Deliberate’ Spending
December 26, 2023

American consumers upped their holiday spending this year, doing a lot of that spending online. 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,...

Artificial Intelligence
Infrastructure Vendors Were the Market Winners in AI’s First Year
December 26, 2023

The first year of the generative artificial intelligence (AI) era is winding down. 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
Reshaping the Future: Why Gen AI’s Creative Power Calls for Strategic Oversight
December 26, 2023

With the widespread emergence of OpenAI’s large language model-based ChatGPT platform in late 2022, a considerable amount of public attention and private capital have been showered on generative artificial intelligence over the past year. The technology has spawned no end of human speculation about AI’s...