News

Biometrics
Facial Recognition Debate Gathers Steam Despite Popularity Among Gen Z Consumers
October 06, 2023

As the use of facial recognition software continues to expand around the world, concerns about privacy and human rights violations have reignited the debate surrounding this technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
FTC Says Social Media Most Common Contact Method for Scams
October 06, 2023

Reported losses from scams originating on social media have reached $2.7 billion since 2021. 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...

Retail
Conagra Sees Consumers Shift Away From Ready-to-Eat Toward Cooking
October 06, 2023

Amid ongoing financial challenges, Conagra Brands is seeing consumers’ desire to save on food spending finally outweigh their demand for convenience, with a shift towards cooking from scratch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Artificial Intelligence
OpenAI Explores Developing AI Chips to Tackle Shortages
October 06, 2023

OpenAI is reportedly exploring the development of its own artificial intelligence (AI) chips or the acquisition of a chip company to tackle the scarcity of expensive AI chips it heavily relies on. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Delivery
UPS and FedEx Offer Discounts Amid Decreased Shipping Volume
October 06, 2023

Major players in the parcel delivery industry are reportedly facing a weak holiday shipping season as demand for goods slows down. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

eCommerce
DRINKS Tech Aims to Enable Alcohol Sales for Any Business
October 06, 2023

Beyond just integrating alcohol purchasing into grocers and liquor stores’ digital platforms, beer wine and spirits eCommerce provider DRINKS is bringing its technology to merchants entirely outside the beverage category. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Levi’s Puts Its Faith in D2C Strategy With Loyal Shopper Support
October 06, 2023

While other brands are seeing the benefits of retailer partnerships, Levi’s has entirely different POV. In fact, it’s leading Levi’s to place major bets on its direct-to-consumer (D2C) strategy.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
If the Shoe Fits: Manolo Blahnik, BMW and Amazon Turn to VR
October 06, 2023

Virtual reality (VR) has emerged as a promising frontier, offering immersive experiences that can transport users to new realms. However, the question arises: should brands use VR primarily to facilitate transactions, or should they prioritize storytelling and immersion? The answer lies in understanding the unique...

Artificial Intelligence
Generative AI’s Technology Is Not Yet Fully Optimized for Healthcare
October 06, 2023

Generative artificial intelligence (AI) faces many growing pains as it seeks its footing. In a recent survey, management consulting firm Bain & Company reveals that the main barriers to generative AI in healthcare are a lack of resources, expertise and regulation, with data access and...