News

Banking
Wells Fargo Won’t Renew Naming Rights on Philadelphia Sports Arena
July 24, 2024

The Wells Fargo Center sports arena in Philadelphia will have a new name late next year. 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...

Mobile Payments
Prósperos Launches Mobile Financial Platform for Spanish-Speaking Consumers in US
July 24, 2024

Prósperos has announced the general availability of its mobile financial platform designed for Spanish-speaking consumers in the United States and their families in Latin America. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Morgan Stanley Buys Stake in UK Payments Firm Sokin
July 24, 2024

British payments firm Sokin is planning to expand following an investment by Morgan Stanley. 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
Lakera Raises $20 Million to Provide Security for GenAI Applications
July 24, 2024

Lakera has raised $20 million in a Series A funding round to expand its offerings in the real-time generative artificial intelligence (AI) applications security category. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Salesforce and Workday Team to Develop AI Employee Service Agent
July 24, 2024

Salesforce has launched an AI-focused partnership with enterprise software firm Workday. 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...

Retail
PYMNTS Data Shows Married Parents Driving Retail Trends
July 24, 2024

Married parents are emerging as the leading demographic for apparel retailers, demonstrating a preference for clothing and accessories purchases compared to other household types, and merchants are adapting accordingly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Cart.com Launches Standalone Warehouse, Transportation Management Systems
July 24, 2024

Cart.com has made its proprietary warehouse and transportation management systems available as standalone offerings. 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
EU, UK and US Unite in GenAI Concerns
July 24, 2024

Competition authorities from the United States, European Union and United Kingdom have joined forces to address potential antitrust issues in artificial intelligence (AI), while tech companies like Meta express concerns over stringent regulations in Europe. Get the Full Story Complete the form to unlock this...

Retail
Best Buy CMO Jennie Weber Says Customers Want Inspiration, Not Information
July 24, 2024

As Best Buy looks to turn its sales around, the electronics retailer is rethinking its relationship to its customers as shoppers’ expectations have evolved, prioritizing providing inspiration over product education. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...