News

Artificial Intelligence
GenAI Powers 97% of CMOs’ Customer Service Strategies
December 02, 2024

It’s no surprise that GenAI is rapidly reshaping the landscape of customer service in the banking and payments industry. By automating repetitive tasks, improving personalization and enabling real-time support, the technology is becoming a cornerstone of customer engagement strategies. Get the Full Story Complete the...

Artificial Intelligence
Big Tech Benefits the Most as ChatGPT Turns 2
December 01, 2024

As of this weekend, OpenAI’s ChatGPT artificial intelligence (AI) chatbot is 2 years old. 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...

Retail
Shoppers Shun Retailers That Charge for Returns
December 01, 2024

Stricter return policies reportedly have some shoppers rethinking their choice of retailers. 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...

Artificial Intelligence
OpenAI Hopes Apple Partnership Can Mark 1 Billion Users by End of Year
December 01, 2024

Can OpenAI get to 1 billion users over the next year? 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...

Artificial Intelligence
Elon Musk Sues to Stop OpenAI’s For-Profit Transformation
December 01, 2024

Elon Musk has reportedly taken legal action to halt OpenAI’s transformation to a for-profit company. 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,...

Retail
Black Friday Online Sales Jump 14% Amid Modest In-Store Growth
December 01, 2024

If you shopped on Black Friday this year, chances are you did so from home. 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,...

Retail
Temu and Shein Target Toy Sales While Growing in US and Europe
November 29, 2024

Temu and Shein reportedly are likely to account for a greater share of toy sales in America and Europe during this holiday shopping season. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Holiday Shoppers Wait for Deals Before Buying
November 29, 2024

Early results from this year’s holiday shopping season reportedly suggest that consumers are waiting for deals before buying. 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
Shoppers Want a Good Deal; More Than Half Still Pay Full Price
November 29, 2024

As consumer expectations change and digital technologies advance, the holiday shopping season itself is evolving. It’s going beyond its revenue-maximizing frenzy of deep discounts and promotional blitzes to become a strategic proving ground to test innovations, refine customer targeting, and cultivate loyalty in ways that...