News

Investments
Round2 Capital Supports Betterspace’s Expansion Into New Industries
August 16, 2023

European investment firm Round2 Capital has invested a seven-figure amount in Betterspace, a provider of hotel management platforms. 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...

Retail
Target’s Growth in Same-Day Services Shows Successful Omnichannel, Logistics Efforts
August 16, 2023

Target’s latest earnings results were notable for the general pullback in consumers’ spending on discretionary items and a continuing impact from retail theft. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
Is Going for Broke With ChatGPT Bankrupting Sam Altman’s OpenAI? 
August 16, 2023

A promise of generative artificial intelligence (AI) is its potential to cut costs. 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
TJX Says Customer Traffic Drove 6% Sales Growth in Q2
August 16, 2023

TJX, the parent company of popular off-price retailers like T.J.Maxx and Marshalls, recorded 6% overall comparable sales growth in the quarter ending on July 29. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Tencent Announces Plans for AI-Powered Services
August 16, 2023

Tencent, one of China’s leading internet companies, has announced its intention to release a proprietary artificial intelligence (AI) model later this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Why Firms Should Focus on Individuality to Build Their Own B2B Ecosystems
August 16, 2023

To play ball in today’s B2B landscape, firms need to home in on their advantage and build an ecosystem, or moat, around what is unique about them specifically. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Consumers Pivot to Online Pickup as Delivery Fees Rise
August 16, 2023

At the end of the day, consumers love conveniences that can make their lives incrementally easier, whether it’s the control and speed of self-checkout or the cut-down cooking times of ready-made meals. The high rate of buy online, pickup in-store (BOPIS) use in the United...

Payment Methods
Link Money and Alternative Airlines Introduce A2A Payment Option
August 16, 2023

Link Money and Alternative Airlines have joined forces to offer U.S. travelers a new and convenient way to pay for flights. 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
Google Aims to Create an Advice-Dispensing AI
August 16, 2023

People trust artificial intelligence (AI) for driving directions or customer service issues. 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...