News

Artificial Intelligence
Demystifying AI: The Probability Theory Behind LLMs Like OpenAI’s ChatGPT 
January 22, 2024

When a paradigm shift occurs, it is not always obvious to those affected by it.  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
Fiserv’s uChoose Lets BP and Amoco Customers Pay at the Pump
January 22, 2024

Fiserv says members of its uChoose program can now use card reward balances to buy gas. 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,...

eCommerce
Failed Payments in Cross-Border Sales Is an Unresolved Problem
January 22, 2024

Online commerce carries a number of risks related to digital fraud and payment failure that can result in lost sales and an erosion of brand reputation. This is common to any company that operates online, regardless of its industry and size. However, PYMNTS Intelligence data...

Retail
How Retailers Are Folding GenAI Into Their 2024 Playbook 
January 22, 2024

In the world of retail, generative artificial intelligence (AI) has taken up the conversation.  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...

Investments
ElevenLabs Raises $80 Million for AI Voice Cloning Projects
January 22, 2024

Voice technology firm ElevenLabs’ value has topped $1 billion after its latest funding round. 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...

B2B Payments
How GreyOrange CEO Will Use $135M, AI and Robots to Modernize Warehousing and Fulfillment
January 22, 2024

Omnichannel commerce has transformed how we pay for things and the length of time in which we expect to get what we pay for. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Loyalty & Rewards
CVS Loyalty Chief Says Program Overhaul Driven by Consumer Desire to Keep It Simple
January 22, 2024

Loyalty programs have become a ubiquitous part of the retail landscape, offering consumers enticing rewards and incentives for sticking with their favorite brands. However, as retailers expand their offerings, the proliferation of multiple loyalty programs can complicate the consumer experience and pose challenges for both...

Artificial Intelligence
Fitness Industry Looks to AI to Bring in Consumers, Profits
January 22, 2024

Artificial intelligence is giving the fitness category a workout. 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,...

Payment Methods
Nearly 40% of Consumers Say No to Pay-by-Bank Payments Even With Incentives
January 22, 2024

Pay-by-bank payments, also known as account-to-account (A2A) payments, allow consumers to transfer funds between bank accounts in real time. These payments bypass traditional card networks and utilize intermediaries like peer-to-peer (P2P) service providers such as Venmo or PayPal. Get the Full Story Complete the form...