News

Artificial Intelligence
OpenAI’s GPT-4o Aims for Real-Time Voice Assistant Interactions
May 14, 2024

OpenAI’s new GPT-4o artificial intelligence model could enhance real-time voice interactions, improving the experience for the growing number of consumers using voice assistants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
Worldline and Visa Partner on Virtual Card Issuing Solution
May 14, 2024

Worldline has partnered with Visa to launch a virtual card issuing solution focused on the online travel agency (OTA) market. 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
BNP Paribas CEO Jean-Laurent Bonnafé: Europe’s Regulations Limit Bank Mergers
May 14, 2024

BNP Paribas CEO Jean-Laurent Bonnafé reportedly expressed skepticism about the potential for a revival of mergers and acquisitions (M&A) activity in European banking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

CFPB
Supreme Court Ruling on CFPB’s Fate May Rewrite the Rules of Banking and Credit
May 14, 2024

For the Consumer Financial Protection Bureau (CFPB), the courts have been a hotbed of action, lawsuits, appeals and back-and-forth between lawyers. 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...

Security & Fraud
75% of Large Banks Agree to Reimburse Victims of Authorized Fraud
May 14, 2024

The Federal Reserve’s FraudClassifier divides fraud into two categories: authorized fraud and its unauthorized counterpart. 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...

Retail
Fashion Shoppers’ Shift to Digital Sends Physical Retailers Packing
May 14, 2024

Consumers are increasingly buying clothing from third-party digital marketplaces, forcing more retailers to close shop. 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....

Ridesharing
Lyft Extends 70% Pay Standard to Drivers Nationwide
May 14, 2024

Ride-hailing platform Lyft said it wants to lift its driver’s earnings. 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,...

Artificial Intelligence
Klarna Reports Internal AI Assistant Answers 2,000 Employee Questions Daily
May 14, 2024

Klarna reported that over 87% of its employees across the company are now using generative artificial intelligence in their daily work. 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...

Retail
Tanger Outlets Court the Digital, Aspirational Shopper
May 14, 2024

May 2020. The COVID-19 lockdown was starting to ease, but it was in its second month. Consumers were flocking toward the dramatic digital shift that would eventually be the hallmark of the pandemic. At physical retail locations — like outlet centers — the outlook ranged from cautious...