News

eCommerce
Half of Amazon Spring Sale Shoppers Bought Health and Beauty Products
April 11, 2024

To further increase its already substantial share of the retail market, last month Amazon announced its first Big Spring Sale. 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...

Artificial Intelligence
Adobe Paying for Videos, Images to Train AI Models
April 11, 2024

Adobe is reportedly paying artists and photographers to supply videos and images that will be used to train the company’s artificial intelligence models. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cross-border Payments
CHIPS ISO 20022 Migration Means Smoother Cross-Border Activity
April 11, 2024

A migration to a new standard — a common payment processing language — for cross-border payments is no mean feat. Legacy tech, the shift to straight-through processing, staggered industry timelines and compliance deadlines have all posed challenges to banks and to the payments systems themselves.  ...

Security & Fraud
FI Execs Curb Their Enthusiasm for Open Banking
April 11, 2024

Open banking, the legal framework permitting secure data sharing amongst financial institutions (FIs) and third-party FinTechs to enhance the products and services they offer consumers, has proven to be popular with both regulators and consumers. Get the Full Story Complete the form to unlock this article and enjoy...

News
OpenAI CEO Sam Altman Seeking Global Support for AI Infrastructure
April 10, 2024

OpenAI CEO Sam Altman is reportedly meeting with government and industry officials in several countries in an effort to support the building of infrastructure for artificial intelligence (AI). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Digital Banking
Virtual Banks Forge Ahead in Defining Banking’s Digital Future
April 10, 2024

The banking landscape is undergoing a digital transformation, as traditional financial institutions (FIs) race to keep pace with evolving consumer preferences and technological advancements.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

eCommerce
Rent the Runway Drives Loyalty Boost With AI Search Upgrades
April 10, 2024

As consumers demand more frictionless experiences from their eCommerce merchants, Rent the Runway is seeing its digital rethink drive higher retention. 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...

CFPB
CFPB Could Block Lenders From Charging for Title Insurance
April 10, 2024

America’s leading consumer watchdog is reportedly weighing a sweeping change to the title insurance industry. 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,...

Payment Methods
More Consumers Would Pay With Venmo If They Understood It
April 10, 2024

For account-to-account (A2A) payment providers, PYMNTS Intelligence research finds, education continues to present a huge barrier to adoption. 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...