News

Retail
Is Sustainability Truly Sustainable for Retailers? 
October 04, 2023

Projections suggest that the resale industry will surge to $53 billion in 2023. Interestingly, prominent players like The RealReal have yet to achieve profitability. While the specific factors contributing to The RealReal’s persistent lack of profitability since its establishment in 2011 remain uncertain, it’s worth noting that...

Artificial Intelligence
Banks Need to Be on the Cutting Edge of AI’s Double-Edged Fraud Sword
October 04, 2023

The greatest innovations are those that democratize access to new skills and empower populations. 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...

Biometrics
Restaurants Considering Biometric Payments May Want to Try Fingerprint Scans
October 04, 2023

As biometric payments catch on across industries, restaurants looking to use these technologies to reduce friction in transactions may be best served by fingerprint scan technology, even if facial recognition is more common, PYMNTS Intelligence suggests. Get the Full Story Complete the form to unlock...

Artificial Intelligence
Visa Wants Generative AI to Fuel Tomorrow’s Payments Ecosystem
October 03, 2023

The payments industry continues to be transformed and remade by the 21st century’s digital shift.  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,...

Retail
Macy’s to Triple Number of Small-Format Stores by 2025
October 03, 2023

Macy’s plans to open as many as 30 additional small-format stores across the United States, as part of an accelerated expansion strategy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Krispy Kreme May Put Insomnia Cookies to Bed as Restaurants Cut Costs
October 03, 2023

As restaurants grapple with cost challenges, Krispy Kreme is putting its Insomnia Cookies subsidiary up for sale. 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...

B2B Payments
Stampli Raises $61 Million to Advanced AI-Powered AP Automation
October 03, 2023

Stampli has raised $61 million to expand its artificial intelligence (AI)-powered accounts payable offering. 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....

Artificial Intelligence
UiPath and Apprio Team to Offer AI Automation to Health Sector
October 03, 2023

UiPath has teamed with firm Apprio to offer automated revenue cycle management services to healthcare organizations. 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...

Faster Payments
FedNow Service Surpasses 100 Participants Since July Launch
October 03, 2023

More than 100 institutions are now actively participating on the Federal Reserve’s FedNow® Service network, which launched 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 required. yesSubscribe to our...