News

Payments Innovation
56% of US Consumers Experienced a False Payment Decline in Last 90 Days
October 08, 2024

In an era of evolving consumer preferences, merchants face mounting pressure to streamline payment processes. As payment methods diversify and the costs of transaction processing rise, open payments platforms have emerged as vital tools for merchants and aggregators. Get the Full Story Complete the form...

B2B Payments
From Transactions to Ecosystems: Reimagining the Future of B2B Payments
October 08, 2024

It wasn’t too many years ago that a monthlong event to discuss issues, trends and opportunities in B2B payments would have been hard to imagine. It was a sector dominated by paper checks and invoices and legacy back-office systems. And at its simplest it was...

Artificial Intelligence
Priceline’s New AI Voice Tech Allows Conversational, Real-Time Bookings
October 07, 2024

Priceline’s recent integration of artificial intelligence (AI)-powered voice technology into its booking system signals how the technology is changing the way travelers plan and purchase trips. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Instacart Says Smart Cart Gamification Features Make Shopping ‘an Adventure’
October 07, 2024

Instacart has added new gamification features to its smart carts, saying they will make grocery shopping “feel like an adventure” and encourage shoppers to earn rewards and credits, earn savings and discover new products. Get the Full Story Complete the form to unlock this article...

Artificial Intelligence
AI Chatbots Spill the Beans on Company Trade Secrets
October 07, 2024

As artificial intelligence (AI) chatbots enter workplaces, they’re not just boosting productivity — they’re opening digital back doors to corporate secrets, with over a third of employees unwittingly playing the role of gatekeepers. Get the Full Story Complete the form to unlock this article and...

Retail
Sam’s Club Prepares to Open First All-Digital Store
October 07, 2024

Sam’s Club is reportedly preparing to launch its first store without checkout lanes. 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...

Investments
Zepz Raises $267 Million to Grow Global Cross-Border Remittance Solutions
October 07, 2024

Zepz has raised $267 million in a Series F funding round to continue growing its global cross-border remittance solutions, WorldRemit and Sendwave. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Artificial Intelligence
AI Explained: Transformer Models Decode Human Language
October 07, 2024

Transformer models are changing how businesses interact with customers, analyze markets and streamline operations by mastering the intricacies of human language. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Point of Sale
71% of Merchants Expect Software to Replace Traditional Point-of-Sale Terminals
October 07, 2024

As digital payment technology evolves, software point-of-sale (SoftPOS) solutions are emerging as a transformative force in payments. With the potential to democratize payment acceptance, SoftPOS is set to revolutionize how merchants — both small and large — conduct transactions. Get the Full Story Complete the...