News

News
Citi Digital Assets Exec Shobhit Maini Reportedly Leaving Bank’s Market Unit
August 13, 2024

The head of digital assets for Citi’s markets unit is reportedly stepping down. 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....

Banking
Credit Unions vs Big Tech: Winner Gets the Customer
August 13, 2024

For banks — and especially for credit unions — the battle with Big Tech for the hearts, minds and wallet share of consumers may seem a more than challenging proposition. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Artificial Intelligence
CFPB Wants to Set the Rules for How Banks Use AI
August 13, 2024

The Consumer Financial Protection Bureau (CFPB) has staked out a clear position on using artificial intelligence (AI) in financial services: There are no exceptions to existing consumer protection laws for new technologies. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Contextual Commerce Drives Omnichannel Engagement for Emerging Alcohol Brands
August 13, 2024

As alcoholic beverage brands look for ways to capture consumers’ attention and spending in the digital world, Purity Distillery sees contextual commerce help build these omnichannel connections. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Digital B2B Payments Turn User Experience Into a Superpower
August 12, 2024

Not all B2B payments have a great user experience (UX). But all great B2B payments elevate the end-user experience. 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...

Artificial Intelligence
Could AI-Powered Humanoid Robots Be Coming to Retail Stores?
August 12, 2024

The potential for artificial intelligence (AI) humanoid robots in factories and stores is sparking debate among experts on the future of work and commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Beekman 1802 Co-Founder: AI Enables More Compelling Retail Education
August 12, 2024

As beauty brands look for ways to explain their products to consumers without losing the shopper’s interest, Beekman 1802 is seeing artificial intelligence and augmented reality open possibilities for more engrossing educational experiences. Get the Full Story Complete the form to unlock this article and...

Artificial Intelligence
AI Explained: Chain-of-Thought AI Shows Its Decision-Making
August 12, 2024

Chain-of-thought AI, a new approach aimed at making artificial intelligence systems more transparent and interpretable, has gained attention as a potential solution to the longstanding “black box” problem in machine learning.​​​​​​​​​​​​​​​​ Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
National Consumers League CEO: Drip Pricing Leaves Consumers in the Dark
August 12, 2024

Drip pricing, or added fees consumers only learn about at checkout, are coming under fire from consumer groups as proposed rules make their way through Congress. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...