News

Investments
Lakera Raises $20 Million to Provide Security for GenAI Applications
July 24, 2024

Lakera has raised $20 million in a Series A funding round to expand its offerings in the real-time generative artificial intelligence (AI) applications security category. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
PYMNTS Data Shows Married Parents Driving Retail Trends
July 24, 2024

Married parents are emerging as the leading demographic for apparel retailers, demonstrating a preference for clothing and accessories purchases compared to other household types, and merchants are adapting accordingly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Cart.com Launches Standalone Warehouse, Transportation Management Systems
July 24, 2024

Cart.com has made its proprietary warehouse and transportation management systems available as standalone offerings. 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
Best Buy CMO Jennie Weber Says Customers Want Inspiration, Not Information
July 24, 2024

As Best Buy looks to turn its sales around, the electronics retailer is rethinking its relationship to its customers as shoppers’ expectations have evolved, prioritizing providing inspiration over product education. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
English, Welsh Retailers Call for Crackdown as Shoplifting Leaps 30%
July 24, 2024

Shoplifting surged by 30% in England and Wales over the last year, a government agency reported Wednesday (July 24). 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...

Investments
Dental-Care AI Startup Pearl Raises $58 Million
July 24, 2024

Pearl, an AI startup focused on the dental industry, has raised $58 million. 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....

Retail
Shop Talk: High-End Consumers Swap Fancy Threads for Fancy Sweets
July 24, 2024

As consumers cut back on many premium products in the face of ongoing economic challenges, luxury chocolate brand MarieBelle New York is benefitting from shoppers’ desire to enjoy high-end experiences without breaking the bank. Get the Full Story Complete the form to unlock this article...

B2B Payments
Billie Begins Adding B2B BNPL to Stripe Platform in Europe
July 24, 2024

Billie’s B2B buy now, pay later (BNPL) solution has been integrated with Stripe and is now available on that financial infrastructure platform to select customers in Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Mastercard Doubles Fraud Detection Rate With Generative AI
July 24, 2024

Mastercard has unveiled a new approach to identify compromised payment cards, leveraging a combination of generative artificial intelligence and graph technology. The company reports that this method has doubled its detection rate for compromised cards before they can be used fraudulently. Get the Full Story...