News

Artificial Intelligence
How Year 1 of AI Impacted the Financial Fraud Landscape 
December 19, 2023

The emergence this year of generative artificial intelligence (AI) reshaped the business landscape.   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
Tonal Looks to Pick up Lululemon’s Broken Mirror Pieces With Trade-in Program
December 19, 2023

When Lululemon bought Mirror in 2020, it was a move to expand beyond selling clothes and tap into the growing trend of working out at home. The Mirror device, an interactive mirror that provides different workout classes and personalized exercises, fit well with Lululemon’s focus...

Artificial Intelligence
AI Models Only 79% Accurate When Asked About SEC Filings
December 19, 2023

Startup Patronus AI has uncovered limitations in artificial intelligence (AI) models when analyzing Securities and Exchange Commission (SEC) filings. 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...

Retail
Grocers Seize on Holiday Spending Anxiety to Drive Digital Adoption
December 19, 2023

With consumers’ budgets coming under pressure over the holiday season, leading grocers including Kroger and Walmart have launched digital deals to boost eCommerce engagement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Can Coupang’s $500 Million Lifeline Save Farfetch From Falling Out of Fashion?
December 19, 2023

After a roller coaster year of surprises, including a November decision to withhold its earnings results for the third quarter of 2023 and the cancellation of its planned conference call, Farfetch has been acquired by South Korean eCommerce giant Coupang. Get the Full Story Complete...

Artificial Intelligence
How AI Firms Plan to Build, Then Control, Superhuman Intelligence
December 19, 2023

At the center of many of humanity’s most compelling problems and innovations lie inscrutable paradoxes.  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
Amazon Merchants Give Low Marks to AI-Powered Review Highlights
December 19, 2023

Earlier this year, Amazon began using artificial intelligence to feature the highlights of customers’ product reviews. 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
Carlyle and Insight Partners Invest in Supply Chain Firm Exiger
December 19, 2023

Funds managed by global investment firm Carlyle and global software investor Insight Partners have entered into a definitive agreement to provide majority investment in Exiger, a software-as-a-service (SaaS) firm focused on helping corporations, government agencies and banks manage supply chains. Get the Full Story Complete...

Retail
Why Sally Beauty Is Investing in Free Services for Frugal Customers
December 19, 2023

Beauty retailer Sally Beauty has introduced Licensed Colorist OnDemand, a digital consultation service allowing individuals to confidently color their hair with recommendations from licensed professionals. The service, available for free, aims to address the education gap surrounding at-home hair color.  Get the Full Story Complete...