News

B2B Payments
Embedded Finance Helps Business Buyers Move Commerce Online
July 10, 2024

Better product data, better browsing, transparent pricing — and the ability to click through the whole process — these are the hallmarks of consumer-facing online commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Luxury Brands and Retailers Rethink Strategy Amid Economic Challenges
July 10, 2024

With the high cost of maintaining a luxury brand, key players are making major decisions, changing the way they operate to navigate the current challenging economic climate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Alibaba: Generative AI Tools Drive 30% Increase in eCommerce Orders
July 10, 2024

Alibaba Group is reportedly using generative artificial intelligence to strengthen its renewed efforts to expand overseas. 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
Shein Promises $271 Million Investment in EU and UK Before Potential IPO
July 10, 2024

Shein reportedly pledged a $271 million, five-year investment in Europe and the United Kingdom. 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...

B2B Payments
Knowledge Is Power When It Comes to B2B Buyer-Supplier Dynamics
July 10, 2024

As the B2B landscape embraces digitization, traditional buyer-supplier dynamics are undergoing a sea of change. 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,...

Artificial Intelligence
AI Regulation: Microsoft Leaves OpenAI, Senate Probes and Calls for Balance
July 10, 2024

As artificial intelligence reshapes the tech landscape, regulators and lawmakers are scrambling to keep pace. Microsoft’s withdrawal from OpenAI’s board, an upcoming Senate hearing on AI privacy, and expert calls for a new regulatory approach highlight the complex challenges facing the AI industry and its...

Artificial Intelligence
AI Takes Center Stage in Combating Online Abuse From Wimbledon to Main Street
July 10, 2024

The pristine lawns of Wimbledon are now home to more than just world-class tennis. 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
Index Ventures Raises $2 Billion Amid AI ‘Platform Shift’
July 10, 2024

Index Ventures has raised more than $2 billion for artificial intelligence (AI) projects. 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...

Artificial Intelligence
Google DeepMind’s New AI Training Method JEST Targets eCommerce
July 10, 2024

Google DeepMind introduced a new artificial intelligence training method designed to reduce computing costs and energy consumption, potentially impacting the economics of AI development and its applications in online commerce and global customer support. Get the Full Story Complete the form to unlock this article...