News

B2B Payments
Airbase Adds Analytics, Vendor Management to Spend Orchestration Platform
June 11, 2024

Airbase has added spend analytics and vendor management capabilities to its spend orchestration software designed for mid-market and larger organizations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Delivery
DoorDash Expands Alcohol Delivery and Retail Media Offerings
June 11, 2024

DoorDash is introducing retail media solutions as it expands its alcohol delivery service. 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
Baby Boomer Shoppers Set New Spending Priorities
June 11, 2024

For older consumers, shopping is more about meeting basic needs than splurging on nonessential products to make them feel good. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Banking
BNY Mellon Rebrands as BNY
June 11, 2024

Say goodbye to BNY Mellon and hello to BNY. 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 form, you agree...

Investments
Mistral Raises $640 Million to ‘Push the Frontier of AI’
June 11, 2024

French artificial intelligence startup Mistral AI reportedly raised 600 million euros (about $640 million) in a Series B funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

eCommerce
China to Help Its eCommerce Firms Go Global
June 11, 2024

China unveiled rules designed to fuel international warehouse construction and expand cross-border eCommerce. 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
Can Virtual Cards Overcome Their ‘Achilles Heel’ of Supplier Acceptance?
June 11, 2024

Virtual cards promise a revolution in B2B payments, offering efficiency and certainty in transactions, yet their adoption remains stymied by a critical bottleneck: suppliers’ reluctance to accept them. Despite a clear economic advantage, the uptake is far from the potential growth projected on the horizon,...

Retail
Consumers Splurge on Specialty Fashion Brands Amid Inflation
June 10, 2024

Amid financial uncertainties, U.S. consumers are becoming more discerning in what nice-to-have retail products they are willing to indulge in, shifting their purchasing away from major retailers toward smaller brands, with clothing and accessories companies benefitting from this trend. Get the Full Story Complete the...

Artificial Intelligence
Morgan Stanley: AI Helps Financial Advisers Save Time, Anticipate Needs
June 10, 2024

The ability of artificial intelligence to transcribe conversations and categorize them by topic can save financial advisers 10 to 15 hours per week, Morgan Stanley CEO Ted Pick said Monday (June 10). Get the Full Story Complete the form to unlock this article and enjoy...