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Payment Methods
Mastercard and LuLu Collaborate on Cardless Payments
July 05, 2024

Mastercard is expanding its partnership with Dubai-based retail conglomerate LuLu Group. 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...

Artificial Intelligence
China’s AI Patent Boom: 38,000 Filings Dwarf Global Rivals
July 05, 2024

China has emerged as the dominant force in generative artificial intelligence (AI) patents, outpacing global competitors by a significant margin, according to a new report from the World Intellectual Property Organization (WIPO). The study reveals that Chinese inventors filed over 38,000 GenAI patents between 2014...

Banking
Neobanks See An Opportunity As Banks Move Away From Free Services
July 05, 2024

The arguably natural consequences of fee caps and limits on debit interchange — and the uncertainty of the regulatory climate — are now showing up with an anticipated pullback by banks on traditionally “free” services and products. Get the Full Story Complete the form to...

Artificial Intelligence
The Dawn of Self-Aware AI: How Metacognition Could Reshape Commerce
July 05, 2024

When Bill Gates recently declared that self-aware AI represents the future of computing, he wasn’t just making a bold prediction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Saks eCommerce Chief: Amazon Can Boost Success of Neiman Merger
July 05, 2024

When Saks Fifth Avenue and Neiman Marcus merge, Amazon’s tech will help them thrive. 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
Pawstruck CEO: Summer Deals Events Present Make-or-Break Acquisition Opportunity
July 05, 2024

As Amazon and Walmart gear up for their summer deals events, digitally native brands are seeing the opportunity to scale in ways that would never be possible without these shopping surges. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Artificial Intelligence
The Week in AI: Anthropic’s AI Safety Initiative, Regulation Battles, and Investor Alerts: The AI...
July 05, 2024

Anthropic’s new funding program for advanced artificial intelligence (AI) evaluations aims to tackle safety and adoption challenges in AI. As global AI regulations tighten, from Nvidia’s potential antitrust charges in France to California’s pioneering safety laws, the stakes have never been higher. Amid these shifts,...

Retail
Wealthier Buyers Rethink Luxury as Brands Raise Prices
July 04, 2024

Are the world’s wealthy falling out of love with luxury goods? 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
Jingle All the Year: The Connected Economy Transforms Christmas in July
July 04, 2024

Amid the sun-soaked days of July, a surprising holiday has taken gained popularity over the last 90 years: Christmas in July. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...