News

Cross-border Payments
Russia Calls on BRICS Countries to ‘Ring Fence’ New Cross-Border Payments Network
October 11, 2024

Russia reportedly aims to create a new system for cross-border payments between BRICS countries. 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
This Week in AI: Zoom Avatars, Amazon Guides and Priceline Assistant Debut
October 11, 2024

As artificial intelligence (AI) avatars transform remote collaboration and personalized shopping guides redefine eCommerce, data security and corporate espionage concerns intensify. Meanwhile, the Nobel Prize honors AI pioneers in protein science. This week in AI has been one of advancements across industries as varied as...

Retail
Walmart and Amazon Turn to GenAI and Ditch the ‘Search’ Bar
October 11, 2024

As Walmart and Amazon compete to provide the best online shopping experiences, both are increasing their use of generative AI (GenAI) to improve search offerings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Fintech Investments
FinTech IPO Index Gains 0.4% as SoFi and MoneyLion Offset Chinese Stock Plunge
October 11, 2024

The past few weeks were marked by rallies in names domiciled outside the United States — particularly those based in Asia — which boosted the fortunes of the FinTech IPO Index a bit. Get the Full Story Complete the form to unlock this article and...

Artificial Intelligence
AI Becomes CFO Consigliere as Focus Turns to Cash Flow Forecasting
October 11, 2024

For CFOs, generative artificial intelligence (AI) has made the leap from mere curiosity to an offering that can be applied to change the very nature of decision-making surrounding enterprise payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
43% of Gen Z Consumers Prefer Buying Direct From Brands
October 11, 2024

As younger consumers reshape the retail landscape, their motivations, preferences, and behaviors provide invaluable insights for brands and retailers striving to stay ahead. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cross-border Payments
Citi Debuts Token Services for Cash Cross-Border Payments Tool
October 10, 2024

Citi says its Token Services for Cash program has gone live after a pilot phase. 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,...

Point of Sale
Report: Cashierless Checkout Technology Provider Grabango Discontinues Operations
October 10, 2024

Cashierless checkout technology provider Grabango reportedly discontinued its operations after failing to secure funding. 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
Mass Market Retailers Cut Prices to Win Budget-Conscious Shoppers This Holiday Season
October 10, 2024

As we approach the holiday season, mass merchants and dollar stores are unveiling a plethora of new deals designed to attract budget-conscious consumers grappling with financial struggles. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...