News

Artificial Intelligence
FIs Explore GenAI Potential in Small Business Lending Despite Customer Concerns
February 12, 2024

Financial institutions are embracing the integration of generative artificial intelligence into their operations, recognizing it as a vital step to remain competitive in today’s fast-evolving financial services landscape. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
EU Bank Watchdog Warns Lenders of Once ‘Inconceivable’ Risks
February 12, 2024

Europe’s new top bank regulator wants lenders to beef up plans for dealing emerging risks. 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,...

Payments Innovation
Davidson Hospitality Group Adopts eTip’s Digital Tipping Platform
February 12, 2024

Davidson Hospitality Group has selected eTip as a digital tipping partner. 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...

Retail
L’Oréal Sees 150% Increase in Virtual Try-Ons as Consumers Seek AR Immersion
February 12, 2024

L’Oréal is seeing a rapid uptick in adoption of virtual try-ons, as consumers increasingly seek out mixed-reality technologies that bring real-world-like immersion to online shopping. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Mia Share Raises $6.5 Million to Facilitate Digital Tuition Payments
February 12, 2024

Mia Share has raised $6.5 million in a seed round to grow its platform that streamlines digital payment options for trade and technical schools. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Trouble Ahead for Department Stores as Luxury Brands Move Direct-to-Consumer
February 12, 2024

As luxury brands increasingly find ways to create direct relationships with their customers, high-end department store chains are facing new challenges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
AI Took Over This Year’s Super Bowl Ads; It’s Coming for Daily Life Next
February 12, 2024

The Super Bowl, which was broadcast in 190 countries around the world Sunday (Feb. 11), was more than just an overtime battle between the Kansas City Chiefs and the San Francisco 49ers. Get the Full Story Complete the form to unlock this article and enjoy...

Artificial Intelligence
AI Could Permanently Ax Some White-Collar Management Jobs
February 12, 2024

So far, the number of jobs eliminated by generative artificial intelligence is low. 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....

B2B Payments
Visa Integrates Virtual Corporate Cards With Digital Wallets
February 12, 2024

Visa’s suite of B2B payment solutions now enables financial institutions to add virtual corporate cards to the digital wallets of their clients’ employees.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...