Europe’s proposed artificial intelligence (AI) rules should try to benefit from the technology instead of hindering it, an EU lawmaker told Reuters this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
In a move touted to put “luxury and off-price under the same roof,” Macy’s fast-moving plan to open three dozen off-price Backstage locations within existing stores over the next three months is not only a reflection of the times but a statement on a changing...
Petco Health and Wellness Company, Inc. on Wednesday (March 23) is rolling out its long-term strategic plan to catch Chewy in the increasingly competitive pet health and wellness sector as part of its 2022 Investor Day, a five-hour session that looks at what the company...
Stilt, a financial services startup focusing on assisting immigrants, raised $14 million in a Series A equity funding round and a $100 debt facility for loans to customers, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
It was not the kind of birthday party that secondhand apparel platform Poshmark would have hoped for. After its soaring IPO debut 15 months ago, where its stock briefly raced above $100 per share, it has literally been all downhill for the reCommerce platform ever since....
The U.K. Payment System Regulator (PSR) is a fundamental piece of the regulatory payment landscape in the U.K. It has powers to set standards, impose requirements regarding system rules, require operators to provide direct access to payment systems and even investigate companies’ practices. Get the...
The hacker gang known as Lapsus$ breached Microsoft’s systems and pilfered the software giant’s source code for the Bing search engine and Cortana voice assistant, according to a blog post late Tuesday (March 22) by Microsoft Security. Get the Full Story Complete the form to unlock...
Visa on Wednesday (March 23) announced DoorDash Fast Pay, a new feature that’s part of its collaboration with delivery platform DoorDash that enables faster payouts to drivers across Canada, according to a joint press release. Get the Full Story Complete the form to unlock this...
Delivery apps are the to-go option for many people when it comes to prepared meals, groceries or other products. Sometimes, delivery apps even offer lower prices than in-person shopping venues — thus, this business model offers unrivaled convenience to buyers. Despite its perks, a series...
