News

News
Capital One and Walmart End Exclusive Credit Card Agreement
May 24, 2024

Capital One will no longer be the exclusive issuer of Walmart Consumer Credit Cards. 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...

Investments
Google to Invest in Flipkart, Help Modernize Digital Infrastructure
May 24, 2024

Google plans to invest in Indian digital commerce company Flipkart. 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...

Regulation
European Data Protection Authorities to Investigate OpenAI’s ChatGPT
May 24, 2024

A task force of the European Data Protection Board (EDPB) released a report that will guide member countries’ data protection authorities (DPAs) as they investigate OpenAI’s chatbot, ChatGPT. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Walmart Takes Amazon Battle Into New Virtual Spaces
May 24, 2024

As Walmart and Amazon compete to win younger shoppers’ retail spending, the former is looking to capture Gen Z’s imaginations with new digital experiences to secure their engagement and loyalty. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Fintech Investments
BNPL Regulation Grabs Headlines as FinTech IPO Index Loses 2.7%
May 24, 2024

The FinTech IPO Index lost 2.6% as earnings trickled in. 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...

Social Commerce
TikTok Lowers Threshold for Creators to Join Affiliate Program
May 23, 2024

TikTok has reportedly lowered the threshold to join its affiliate program from 5,000 followers to 1,000. 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...

Investments
New Backing Helps Elon Musk’s xAI Raise Nearly $6 Billion
May 23, 2024

Elon Musk’s artificial intelligence startup, xAI, reportedly secured new backing that puts it close to a $6 billion 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. yesSubscribe...

Retail
Ross Stores COO: Shoppers’ Cost-Cutting Behaviors Fuel Off-Priced Retail Growth
May 23, 2024

With consumers cutting back on discretionary spending while trading down to value-focused merchants, Ross Stores is seeing these belt-tightening behaviors prove to be a mixed bag.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Artificial Intelligence
Tech Giants Aim to License Hollywood Content for AI Models
May 23, 2024

Alphabet, Meta Platforms and OpenAI are reportedly in talks with Hollywood studios to license content for their artificial intelligence video generation software. 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...