News

Artificial Intelligence
OpenAI and Anthropic Team With US Government on Safe AI Testing
August 29, 2024

Two of the most high-profile artificial intelligence firms inked a deal with the United States government. 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...

B2B Payments
IKEA Adds Slope’s Flexible Payment Options for Business Customers
August 29, 2024

IKEA U.S. has begun rolling out an invoice-to-pay solution provided by payments company Slope, saying it will provide flexible payment options for the furniture retailer’s business customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Loyalty & Rewards
Walmart and Amazon Turn to Fast Food to Sweeten Memberships
August 29, 2024

In recent months, retail giants Walmart and Amazon have been seizing on consumers’ demand for digital restaurant ordering to drive engagement with their paid memberships, offering dining benefits to incentivize subscriptions. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Artificial Intelligence
Nvidia Faces Growth Slowdown Despite Strong Q2 AI Demand
August 29, 2024

Nvidia’s latest earnings report released Wednesday (Aug. 28) revealed a paradox: record-breaking revenue fueled by artificial intelligence chip demand, yet a deceleration in growth that left investors jittery. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Artificial Intelligence
California AI Safety Bill Gets Legislature’s Approval
August 29, 2024

California lawmakers passed an artificial intelligence safety bill despite industry opposition. 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...

Payments Innovation
Trustly CRO Says Pay-by-Bank Solutions Benefit From Regulation and Shifting Consumer Preferences
August 29, 2024

Within an open banking environment, advances like pay by bank are transforming money movement. 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...

Retail
Report: Big Lots Seeking Investors and Considering Bankruptcy
August 28, 2024

Big Lots is reportedly considering bankruptcy amid continued declines in sales. 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...

Retail
Davidoff’s Digital Makeover Aims to Elevate the Luxury Cigar Brand’s Consumer Experience
August 28, 2024

Oettinger Davidoff AG, an independently owned, Swiss luxury goods company that specializes in tobacco products and accessories, recently updated its Davidoff of Geneva digital storefront to better showcase its commitment to quality and customer experience. Get the Full Story Complete the form to unlock this article...

Retail
Foot Locker’s Strategic Overhaul Shows Early Success in Q2
August 28, 2024

In a pivotal moment for Foot Locker, the company’s second-quarter results point to the early success of its ambitious Lace Up Plan, which comprises initiatives to enhance its digital business, store experience, loyalty programs and brand building. Get the Full Story Complete the form to...