News

Investments
SoftBank Reportedly Eyeing $1.5 Billion OpenAI Stock Purchase
November 27, 2024

SoftBank reportedly wants to purchase $1.5 billion in OpenAI stock. 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 agree...

Payments Innovation
How the ‘Shopify of Gaming’ Is Helping Developers Go Direct to Consumer
November 27, 2024

The seeds were sown long ago for Chris Faught, CEO of Neon, to create a direct-to-consumer (D2C) platform for the gaming industry in 2022. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Nordstrom’s Digital Sales and Enhanced Customer Experience Drive Growth in Q3
November 26, 2024

While digital sales continued to perform well at Nordstrom, enhancements to the overall customer experience paid off as well, according to CEO Erik Nordstrom. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Best Buy Revenues Dip as Consumers Await ‘Deals and Sales’
November 26, 2024

Best Buy says cautious, deal-chasing consumers and the presidential election kept quarterly sales muted. 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...

Artificial Intelligence
Google Vets Raise $56 Million to Give AI Its ‘Android-Like Moment’
November 26, 2024

A group of tech veterans have reportedly raised $56 million to help construct an operating system for artificial intelligence (AI) agents. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Citi Invests in Mortgage Infrastructure Provider Pylon
November 26, 2024

Citi made a minority investment in mortgage infrastructure provider Pylon. 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...

Retail
Ross, TJX and Gap Pivot as Consumer Spending Shift Poses Challenges
November 26, 2024

As consumers remain cautious with their spending amid ongoing economic pressures, leading retail companies encountered a mixed landscape in the third quarter. Ross Stores, TJX Companies and Gap reported varying results, with some challenges tied to shifting consumer behaviors and signs of resilience in the off-price...

Cross-border Payments
dLocal Becomes Certified Payment Initiation Service Provider in Brazil
November 26, 2024

Cross-border payment platform dLocal can now facilitate Pix payments directly within the Open Finance ecosystem, without redirecting users to bank apps. 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...

Banking
Deutsche Bank Wins New Business Thanks to Commerzbank Uncertainty
November 26, 2024

Germany’s Deutsche Bank is reportedly benefitting from uncertainty surrounding a possible takeover of rival Commerzbank. 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,...