News

Payment Methods
4 in 10 Consumers Would Start Using Pay-by-Bank If Perks Were Offered
January 09, 2024

Pay by bank, also known as account-to-account (A2A) payments, is gaining in popularity. 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
Only 5% of Mid-Sized Firms Have Fully Automated Accounts Payable, Receivable
January 09, 2024

Accounts payable (AP) and accounts receivable (AR) are two of the areas that typically entail more processing time and involvement of the workforce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cross-border Payments
Visa and CIBC Collaborate on Sending Remittances to Digital Wallets
January 09, 2024

Visa and CIBC have formed a new collaboration to help the bank’s clients send remittances across borders more conveniently.  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...

Investments
Whispp Raises $820K to Launch AI-Powered Assistive Voice Technology
January 09, 2024

Dutch startup Whispp raised 750,000 euros (about $820,000) in a seed round to launch its artificial intelligence-powered real-time assistive voice technology and calling app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
Microsoft/OpenAI Relationship Could Face EU Probe
January 09, 2024

European regulators are reviewing whether Microsoft’s involvement with OpenAI warrants further investigation. 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
Digital Growth Compounds Grocers’ Margin Pressures
January 09, 2024

Consumers’ increasing adoption of grocers’ in-house eCommerce options is eating into the retailers’ margins amid ongoing financial challenges. 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...

Retail
Retail Theft and Shrink Reports Have Investors Seeking Answers
January 09, 2024

Last year saw several retailers report that their profits were being hurt by “shrink.” 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...

Regulation
Big Tech Group Opposes Proposed CFPB Digital Wallet Rules
January 09, 2024

A tech lobbying group is pushing back against proposed regulations for digital wallet providers. 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...

eCommerce
Amazon Sizes Up Trillion-Dollar Returns Challenge, Enlists AI for Perfect Fit Solution 
January 09, 2024

Amazon wants you to feel confident while shopping at home. They want you to make more confident purchasing decisions, and they want to lower the likelihood of you returning a product, which has become a $1 trillion problem.  Get the Full Story Complete the form...