News

Fintech Investments
UK Payments FinTech SumUp Raises $307 Million 
December 11, 2023

Payments FinTech SumUp has raised $307 million to expand its footprint and develop new services. 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,...

Retail
How Saturday Skin Leverages Amazon to Checkout With Gen Z 
December 11, 2023

In the age of digital supremacy, Generation Z has positioned itself as the vanguard of a fresh wave of consumer habits. Growing up amid smartphones, social media, and immediate connectivity, Gen Z isn’t merely digitally adept — they’re consummate shoppers.   Get the Full Story Complete...

Artificial Intelligence
Throttle AI Innovation at Productivity’s Peril, Says AI Expert
December 11, 2023

How do you regulate an everything-everywhere innovation like artificial intelligence (AI)? 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...

Payments Innovation
Payments Orchestration Helps Platforms Extend Their Global Reach
December 11, 2023

Blake Whitson, vice president, payments and global customer support at Brainly, and Andy McHale, senior director, product and market strategy at Spreedly, told PYMNTS that payments orchestration can make all the difference in the world of eCommerce, in pursuit of scale and boosting authorization rates....

Retail
Macy’s Investors Reportedly Launch $5.8 Billion Bid to Take Retailer Private
December 10, 2023

A group of investors reportedly wants to make department store chain Macy’s a private company. 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
SEC Seeks Details on Investment Adviser AI Use
December 10, 2023

The Securities and Exchange Commission (SEC) is reportedly querying how investment advisers use artificial intelligence (AI). 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
Mistral AI Valued at $2 Billion Following Funding Round
December 10, 2023

French artificial intelligence (AI) startup Mistral AI has reportedly raised $415 million in a funding round. 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
Auto Dealers See Consumers’ EV Enthusiasm Lose Its Spark
December 10, 2023

At auto dealerships around the country, electric cars have reportedly become a hard sell. 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
Is White Elephant Gift-Giving Still a Holiday Hit? 
December 09, 2023

Even in the face of inflation, consumers are proving that they won’t “checkout” easily when it comes to tradition. Last week, PYMNTS delved into whether shoppers were ready to swap out real Christmas trees for alternatives, and the verdict was a resounding commitment to tradition. ...