News

Investments
Report: Tech Funding Falls by 55% Amid Banking Crisis
April 06, 2023

Funding to U.S. tech startups reportedly plummeted 55% during the first quarter of 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...

Banking
More Than One-Third of Banks Say Item-Level Receipt Data Cements Customer Loyalty
April 06, 2023

Financial institutions (FIs) have had many reasons to consider the benefits of investing in receipt data solutions. These range from fighting friendly fraud to helping their merchant partners personalize their loyalty programs, potentially increasing sales. Another driver is FIs’ hope to increase customer engagement through hyper-personalized offerings assisting consumers with spending...

Payments Innovation
Rewards Hold the Key to Bringing Pay by Bank Transfer Into the Mainstream
April 06, 2023

Credit and debit cards remain consumers’ dominant means of payment despite years of payment innovation. 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,...

Payment Methods
B2B Platforms Need Flexible Payment Infrastructure to Scale
April 06, 2023

The platform economy accounts for over two-thirds of eCommerce transactions, but according to Romain Mazeries, CEO at FinTech firm Mangopay, solutions that tackle the complex payment needs of platforms and marketplaces remain scarce today, particularly in the business-to-business (B2B) space.  Get the Full Story Complete...

Retail
Walmart Investor Day a Chorus of Omnichannel Dominance and Deepening Digital
April 05, 2023

At its investor day in Tampa, Florida, on April 4-5, Walmart executives laid out a five-year plan that emphasizes membership, choice and a thoroughly modernized customer experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Bed Bath & Beyond Launches Program to Improve Merchandise Availability
April 05, 2023

Bed Bath & Beyond has collaborated with ReStore Capital to launch a vendor consignment program. 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,...

Retail
Why This VP Swapped Edible Arrangements for Scalp Health and Haircare 
April 05, 2023

From clever gift arrangements to scalp health and haircare, former Vice President of eCommerce at Edible Arrangements Erica Randerson has made an interesting pivot and is now leading growth strategy for direct-to-consumer (D2C) brand Divi. But why?  Get the Full Story Complete the form to...

Artificial Intelligence
Meta Launches Computer Vision Model to ID Objects
April 05, 2023

Meta has launched new computer vision tools that help identify objects within an image. 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
Calls to Pause AI Development Miss the Point of Innovation
April 05, 2023

Innovations transform the economy and change the realities of daily life. 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...