News

Retail
Best Buy Rethinks Its Stores for the Click-and-Mortar™ Shopper
February 29, 2024

With the emergence of omnichannel shopping reshaping consumers’ expectations of brick-and-mortar stores, Best Buy is reconceptualizing its physical spaces. 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...

Security & Fraud
Change Healthcare Hack Leaves Smaller Providers Low on Cash
February 29, 2024

U.S. health providers are facing financial catastrophe following a week-long cyberattack on Change Healthcare. 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....

Artificial Intelligence
SEC Investigates Whether Sam Altman’s Politicking Misled OpenAI Investors
February 29, 2024

OpenAI CEO Sam Altman is reportedly under scrutiny as part of an investigation by the Securities and Exchange Commission into whether his company misled investors as part of its November boardroom scuffle. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Xero to Add BILL’s AP Capabilities to Small Business Platform
February 29, 2024

Xero, a global small business platform, will enhance its accounts payable (AP) capabilities for its U.S. customers through a new partnership with BILL, a financial operations platform for small and medium-sized businesses (SMBs). Get the Full Story Complete the form to unlock this article and...

Retail
iPhone Demand in China Falls as Resellers Offer Discounts
February 29, 2024

The iPhone is still apparently a tough sell for Chinese consumers. 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...

Banking
Treasury Prime Cuts Staff Amid Shift to ‘Bank-Direct’ Offering
February 29, 2024

Embedded banking firm Treasury Prime is cutting staff amid a new shift in strategy. 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...

Payments Innovation
Socure and Trustly Partner on Pay-by-Bank Solution With Streamlined Onboarding
February 29, 2024

Socure and Trustly have partnered to offer merchants a pay-by-bank solution that includes a streamlined customer onboarding process and guaranteed fast payments. 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...

eCommerce
Lack of Payments Choice Risks Higher Cart Abandonment on Online Brand Sites
February 29, 2024

Cart abandonment, a key element of increasing online conversion, poses a significant challenge for online marketplaces, retailer and brand sites. This issue is increasingly worrisome as budget-conscious shoppers use carts as wish lists while searching for better deals. Online businesses use various strategies to try...

Artificial Intelligence
AI Moves From GPS to Copilot for the Insurance Industry
February 29, 2024

In many ways, the insurance industry helped hone the algorithms behind artificial intelligence technology. 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...