News

Banking
Raisin Predicts Deposit Base Will Grow to $56 Billion
July 17, 2023

German FinTech Raisin is reportedly banking on a shift among lenders to alternative funding sources. 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
Chatbot Adoption Soars as Human Assistance Fades 
July 16, 2023

Unless you’ve been living under a rock, or haven’t been reading your PYMNTS newsletter, you’ve probably noticed that there’s been a massive shift in the way brands and retailers approach customer service and engagement. One key factor contributing to this shift is the adoption of generative...

Artificial Intelligence
Report: Character.AI Plans New Funding Round to Build Revenue Cushion
July 16, 2023

Artificial intelligence (AI) startup Character.AI is pursuing another 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 newsletter, PYMNTS Today. By completing this form,...

Investments
Venture Capital Firms Slash ‘Megafunds’ Even Amid AI Boom
July 16, 2023

Venture capital (VC) outfits are reportedly shrinking their megafunds after years of building them up. 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
Musk’s Giant-Killing AI Project Is Starting Small With Huge Goals 
July 14, 2023

This is how the future starts — not with a bang, but with a glitch. 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,...

Banking
Bank Earnings Paint Picture of Resilient Consumers
July 14, 2023

Data tells a tale just as much as management commentary on analyst calls during earnings season. 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
Investing App Robinhood Expands with Retirement Account Options
July 14, 2023

Robinhood’s retirement accounts are diversifying its revenues and widening its customer base. 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...

Retail
Is Diversifying the Answer? Sean ‘Diddy’ Combs Says No, Launches Curated Marketplace
July 14, 2023

While there’s been a growing recognition around the mass potential of niche markets, brands and retailers have recently looked to diversify their offerings, hoping to convert more browsers into paying customers. But is it the right move for everyone? Should brands and retailers play the...

Retail
Selfridges Launches Loyalty Program Powered by QR Code and App
July 14, 2023

Selfridges has launched a new loyalty program powered by a QR code and an app. 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...