News

Retail
Biometrics May Be Online Retail’s Ticket to More Sales
November 24, 2023

Retailers are leveraging innovative solutions, such as biometrics, to enhance convenience, security and personalized services in their day-to-day business. 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...

Fintech Investments
FinTech IPO Index Slips 1.1% as Thanksgiving Shortens Trading Week 
November 24, 2023

The turkey has been carved.  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...

Retail
Rebag CEO on Why the Future of Resale Is Diversification
November 23, 2023

As inflation takes its toll on consumer spending, luxury consignment stores are grappling with the effects, witnessing a notable increase in the challenges associated with high-end fashion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Cost Concerns Keep More Than One-Third of Firms From Automating AR Processes 
November 22, 2023

Businesses expect that handling payments — both sending and receiving them — will become even more crucial in the future. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Artificial Intelligence
AI Startup CEO Criticizes Effective Altruism Movement for ‘Self-Righteousness’ 
November 22, 2023

In a letter addressed to his staff, Aidan Gomez, the CEO of artificial intelligence (AI) startup Cohere, expressed his criticism of the effective altruism movement.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Nordstrom’s Off-Price Destination Falls Short on Value
November 22, 2023

Nordstrom, once known for its opulent runway and exceptional service, is increasingly delving deeper into substantial discounts to navigate financial challenges. But is it working? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

IPO
Report: eCommerce Firm Floward Preparing for IPO in Saudi Arabia
November 22, 2023

Floward, a Middle Eastern eCommerce firm, is reportedly working with Goldman Sachs Group and HSBC Holdings for a planned initial public offering (IPO) in Saudi Arabia.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Automating Away B2B Payment Frictions: Goodbye Antiquity, Hello Agility
November 22, 2023

When it comes to B2B payments innovation, thinking outside the box isn’t enough. 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....

Investments
Birdseye Raises $3 Million to Back AI-Powered eCommerce Efforts
November 22, 2023

eCommerce-focused AI firm Birdseye has raised $3 million to help retailers launch “hyper-personalized” campaigns. 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...