News

Retail
40% of Consumers Paid Full Price During Amazon Prime Day, Walmart+ Week
August 22, 2024

As summer sales events like Amazon Prime Day and Walmart+ Week annually draw significant consumer attention, a recent PYMNTS Intelligence report examines key insights into shopper behavior and sales trends. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Artificial Intelligence
California Senator Responds to OpenAI Opposition to AI Bill
August 21, 2024

OpenAI opposes a California bill that would place new safety requirements on artificial intelligence (AI) companies, saying that the bill would limit innovation and that this issue should be dealt with at the federal level. Get the Full Story Complete the form to unlock this...

Artificial Intelligence
Lama AI and Bridge Partner to Connect Businesses and Lenders
August 21, 2024

Lama AI and Bridge have partnered to expand the availability of commercial loans. 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....

Artificial Intelligence
OpenAI Introduces GPT-4o Fine-Tuning, Enhancing AI’s Role in Business
August 21, 2024

OpenAI has unveiled an update to its artificial intelligence (AI) capabilities. Developers can now fine-tune GPT-4o, the company’s most advanced language model, to suit specific business needs. This feature, long sought by the tech community, opens doors for customized AI applications across various industries. Get...

Investments
Efficient Capital Labs Raises $11 Million for Revenue-Based Financing
August 21, 2024

Efficient Capital Labs (ECL) has raised $11 million in Series A funding to expand its cross-border revenue-based financing offering for B2B software-as-a-service (SaaS) companies operating in the South Asia-U.S. corridor. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Payment Methods
Stan Chooses Stripe to Power Online Payments and Subscription Billing
August 21, 2024

Australian streaming service Stan has chosen financial infrastructure platform Stripe to power its online payments and subscription billing. 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...

B2B Payments
Cumula 3 and Paystand Partner on B2B Payment Solutions
August 21, 2024

Cumula 3 and Paystand have partnered to offer NetSuite users a way to leverage simplified transactions, zero transaction fees and improved cash flow management. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Riley ‘Baby Bond’ Investors Take Action Amid Heavy Losses
August 21, 2024

Investment firm B. Riley is reportedly being scrutinized after recently warning of its biggest-ever quarterly loss. 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
Target: Streamlined Checkout and GenAI Chatbot Improve in-Store Experience
August 21, 2024

A streamlined checkout experience and the deployment of generative artificial intelligence-powered handheld devices for employees have improved the in-store experience at Target, the retailer said Wednesday (Aug. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...