News

Retail
Consumers Demand Discounts Even When Buying Diamonds Amid Inflation
June 13, 2024

As consumers continue to be concerned about their financial situations, shoppers are looking for deals and discounts even when making major purchases such as buying diamond jewelry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cross-border Payments
Wise Plans to Hike Its Payment Infrastructure Investment
June 13, 2024

Wise is upping its investment in payment infrastructure as its customer base grows. 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....

B2B Payments
AI, Virtual Cards, Embedded Lending Define This Week in B2B
June 13, 2024

B2B payments used to be defined by paper and processes. 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
Convenience Stores Are Stepping up Their Personalization to Drive Loyalty
June 13, 2024

As convenience retailers compete for consumers’ loyalty, major players are leveraging shopper data to personalize their messaging, looking to drive deeper connections. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

International
Foreign Card Use Brings US Dollars Back to Venezuela
June 13, 2024

Foreign credit card transactions are reportedly bringing more foreign currency into inflation-plagued Venezuela. 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....

Banking
Goldman Plans to Double Down on Loans to Super-Rich Clients
June 13, 2024

Goldman Sachs reportedly wants to double its lending to its most affluent customers. 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...

Artificial Intelligence
AI Money: Broadcom, Oracle and Samsung Unveil Strategies to Dominate AI Market
June 13, 2024

The artificial intelligence boom is reshaping the technology landscape as industry giants Broadcom, Oracle and Samsung make moves to capitalize on the demand for AI chips and cloud computing resources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Fintech Investments
FinTechs Flounder as Investors Embrace ‘AI Mindset’
June 13, 2024

Has the FinTech industry hit bottom after years of skyrocketing 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 Today. By completing...

Investments
AccountsIQ Raises $65 Million to Embed AI in Accounting Platform
June 13, 2024

AccountsIQ secured 60 million euros (about $65 million) in a Series C investment to support continued product development and to embed artificial intelligence throughout its cloud-based accounting platform designed for medium-sized companies and nonprofits. Get the Full Story Complete the form to unlock this article...