News

Retail
Costco Reports Declines in eCommerce and Discretionary Sales in April
May 09, 2023

At Costco, eCommerce and discretionary items saw declines in sales in April. 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...

Artificial Intelligence
IBM Debuts Watsonx to Help Companies Add AI Tools
May 09, 2023

IBM has unveiled watsonx, an artificial intelligence platform to help businesses integrate 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....

Delivery
Delivery Versus Pickup Preference Comes Down to Money
May 09, 2023

Consumers face the choice between the effort to pick up and paying for bring-it-to-me convenience when buying goods. 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
Footwear Retailers Launch Branded Resale, but Who’s Buying?
May 09, 2023

While apparel retailers are increasingly making forays into branded resale, creeping behind is footwear. Recently, Toms Shoes launched its resale initiative in partnership with thredUP and Sam Edelman in partnership with Archive, indicating that consumers are willing to not only resell items across more categories...

Artificial Intelligence
Spotify Tunes Out AI-Produced Songs
May 09, 2023

Spotify has reportedly pulled tens of thousands of artificial intelligence (AI)-generated songs from its 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,...

Loyalty & Rewards
‘Branded Currency’ Unlocks $21 Billion of Unspent Gift Cards
May 09, 2023

Brands face a conundrum when it comes to boosting top lines. 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...

Artificial Intelligence
Generative AI Aimed at Making Business Payments Customer-First
May 09, 2023

Generative artificial intelligence (AI) solutions are set to produce new efficiencies across the business landscape. 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
Voice AI Ushers in Next-Gen Compliance Monitoring for Financial Sector
May 09, 2023

Whether it’s desk or cell phones, videoconferencing platforms or software-based trading systems, voice remains the primary communication tool for financial markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cross-border Payments
Barclays and TransferMate Streamline International Receivables for UK Businesses
May 08, 2023

Barclays and TransferMate are collaborating on a new international receivables solution for U.K. businesses. 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...