News

Retail
Amazon, Walmart Dangle Free Subscriptions to Boost July Savings Days Sales
July 07, 2023

Hooking consumers with the privileges of subscription membership is worth offering trial giveaways for Amazon and Walmart. 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...

Loyalty & Rewards
Revolut Launches Instant Cash Back Rewards in US
July 06, 2023

Revolut has launched a new in-app feature in the United States that provides instant cash back rewards. 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
Clair Secures $175 Million Investment for on-Demand Pay Solution
July 06, 2023

New York City-based FinTech Clair has raised $175 million in funding. 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...

IPO
CAB Payments Goes Public Amid Tepid UK IPO Market
July 06, 2023

Great Britain’s CAB Payments raised $426 million upon becoming a public company Thursday (July 6). 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
BigCommerce Adds Localization Features to Multi-Storefront Platform
July 06, 2023

BigCommerce is adding new localization features to its Software-as-a-Service (SaaS) eCommerce platform. 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
TikTok Uses Brick-and-Mortar Shop to Promote ‘Community Commerce’
July 06, 2023

TikTok has spent a week running a brick-and-mortar pop-up shop for brands and creators. 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....

Artificial Intelligence
Generative AI’s Future Will Be as the Ultimate Human Sidekick, Says Foundation Capital’s Iyengar
July 06, 2023

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 marketing communications from PYMNTS and...

Banking
Bankruptcy Judge Reportedly Approves Sale of SVB Financial Group’s Investment Bank
July 05, 2023

A bankruptcy judge has reportedly approved the sale of SVB Financial Group’s investment bank to its managers. 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...

Artificial Intelligence
ChatGPT’s Success Hits a Speed Bump With Decreasing Traffic
July 05, 2023

It was only a few months ago in November that OpenAI released their ground-breaking ChatGPT chatbot, and since then the chatbot has enjoyed unprecedented success with more than 100 million monthly active users. Inevitably, with the advances in AI technology and the developments within open...