News

Delivery
Small Merchants Struggle to Provide Delivery Affordable Enough for Consumers
June 12, 2024

With the high labor costs of delivery, smaller merchants are struggling to find ways to compete on convenience without excessively compromising their margins and without alienating customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
UK Neobank Starling Profits Soar 55% for Third Year in the Black
June 12, 2024

Starling has just finished its third profitable year amid plans to expand its software operations. 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...

Artificial Intelligence
AI Marketers: The New Mad Men?
June 12, 2024

In the marketing arena, where creativity and innovation are paramount, a new contender is emerging: generative artificial intelligence (GenAI). Capable of producing content such as Pixar-style animations, this technology is now targeting the business sector with a focus on advertising. Get the Full Story Complete...

Artificial Intelligence
Apple’s AI Push Puts Privacy, Security in the Spotlight
June 12, 2024

As Apple enters the race to bring advanced artificial intelligence (AI) capabilities to consumer devices and services, the tech giant is betting that a strong emphasis on privacy and security will set its offerings apart in an increasingly competitive market. Get the Full Story Complete...

Banking
Experts Say Composable Banking Builds Better Digital Customer Experiences
June 12, 2024

Digital banking architecture is having a moment. Financial technology companies and consumer-facing neobanks are using it to create new features, applications and customer experiences. Regulators are focused on it as they try to make sense of their potential involvement. And as its importance spreads beyond...

Artificial Intelligence
Elon Musk Drops Lawsuit Against OpenAI One Day Before Hearing
June 11, 2024

Elon Musk reportedly dropped his lawsuit against OpenAI and two of its co-founders, Sam Altman and Greg Brockman, on Tuesday (June 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Forwardly Adds ‘Pay by Credit Card’ to B2B Payments Platform
June 11, 2024

Forwardly has added a “pay by credit card” option to its business-to-business (B2B) payments platform. 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
Gen Z Wants to Buy Cars Most — but Buys Them Least
June 11, 2024

Young consumers are the likeliest to be saving up to buy a car, but that rarely translates to them being able to afford a new vehicle. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Consumer Spending Shows Signs of Summer Recovery, but Retailers Are Cautious
June 11, 2024

Consumer spending is beginning to show signs of recovery going into the summer, but major retailers are not getting their hopes up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...