News

B2B Payments
8 in 10 Execs Have Lost Business Due to Payment Errors
August 06, 2024

The business-to-business (B2B) payments sector is undergoing a transformation as traditional manual processes strain business relationships. 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...

Retail
Simon Property Group Remains Optimistic About Consumer Spending in Retail
August 05, 2024

While there are signs in the broader economy that a consumer-led recession could be on the way, real estate investment trust Simon Property Group remains optimistic about its shopping, dining, entertainment and mixed-use destinations. Get the Full Story Complete the form to unlock this article...

Retail
What We Know About Chocolate and Consumer Trends From Mondelez, Kraft Heinz and Hershey Q2...
August 05, 2024

As the consumer packaged goods (CPG) industry grapples with complex economic and consumer trends, three major players — Mondelez International, Kraft Heinz and Hershey — are steering their ships through turbulent waters with distinct strategies and adaptive approaches. Get the Full Story Complete the form to unlock...

Banking
FIS Adds Curinos’ Deposit Optimizing Tools to Core Banking Platforms
August 05, 2024

FIS has teamed with Curinos to help financial institutions optimize their deposit growth. 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....

Investments
Groq Raises $640 Million to Scale AI Inference Platform’s Capacity
August 05, 2024

Groq has raised $640 million in a Series D funding round to scale the capacity of its vertically integrated artificial intelligence (AI) inference platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
IBM Debuts AI-Powered Threat Detection Tools
August 05, 2024

IBM has added generative artificial intelligence (AI) capabilities to its managed threat detection and response services. 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...

Retail
Shoppers’ Frustrations With Locked-Up Pharmacy Items Drives eCommerce Adoption
August 05, 2024

As consumers grow tired of retailers’ increasing utilization of locked display cases, cable ties and electronic tags, many are switching to digital channels to eliminate this major friction point, Amazon CEO Andy Jassy noted. Get the Full Story Complete the form to unlock this article...

B2B Payments
Cartona Raises $8.1 Million to Expand B2B Platform Across MENA
August 05, 2024

Cartona has raised $8.1 million in a Series A extension fundraise to continue growing the product rollout, verticals and offerings of its B2B platform for businesses in Egypt and, in the future, other markets in the Middle East and North Africa (MENA) region. Get the Full...

Retail
ThredUp Adds AI Tools to Fashion Resale Platform
August 05, 2024

Online fashion resale platform ThredUp introduced a suite of artificial intelligence-driven shopping tools. 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....