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Artificial Intelligence
Klarna CEO: AI Helped Drive 40% Reduction in Staff
May 15, 2025

Klarna’s CEO is reportedly attributing a 40% reduction in staff to the company’s AI investments. 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
Product Officers Embrace GenAI’s Role in Fast-Tracking Early-Stage Innovation
May 15, 2025

The early stages of product development — often referred to as the “fuzzy front end” — traditionally involve activities like brainstorming, concept development and preliminary design. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Payment Methods
Digital Wallets Want to Replace Your Apps, Not Just Your Cards
May 15, 2025

It’s no secret that the world is moving faster. In parallel, the way we move money is evolving just as rapidly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Report: Dick’s Sporting Goods Seeks $2.3 Billion Acquisition of Foot Locker
May 14, 2025

Dick’s Sporting Goods is reportedly close to reaching a deal to acquire Foot Locker for about $2.3 billion. 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...

B2B Payments
Expedia Adds APIs to B2B Platform to Help Build Travel Packages
May 14, 2025

Expedia Group enhanced its B2B segment, Private Label Solutions, by adding APIs that help its partners build travel packages. 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...

B2B Payments
Procurify Adds New Insight Feature to Spend Management Platform
May 14, 2025

Procurify introduced an analytics feature for its middle-market-focused spend management platform. 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...

Investments
Zopa Raises $106 Million as It Preps Bank Account Launch
May 14, 2025

British digital bank Zopa says it has raised 80 million pounds ($106 million) in new capital. 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...

Artificial Intelligence
AI Explainer: How Large Transaction Models Are Securing Payment Flows
May 14, 2025

Digital transformation has opened a fire hose of new information flows, particularly around payments and commerce. 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...

Banking
Chime Sets Sights on the Affluent Consumer and an $86 Billion Revenue Opportunity
May 14, 2025

In 2022, as the pandemic waned, PYMNTS Intelligence found that only about 9% of consumers used digital banks for their primary financial relationships and accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...