News

Retail
Rakuten to Launch Exclusive Membership Program for Designer Brands
May 30, 2024

Rakuten, the cashback shopping platform, has announced the upcoming launch of Rakuten+, a membership program created specifically for designer brands. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
This Week in B2B Innovation: Embedded Experiences, AI and Leverage
May 30, 2024

Digital is a one-way street. And that street is being populated by B2B firms who aren’t looking back after embracing digital innovation to both compete in new markets while at the same time transform their existing commercial relationships. Get the Full Story Complete the form...

Artificial Intelligence
AI Money: AI Fuels Strong Quarterly Results for Tech Firms
May 30, 2024

Several tech companies reported strong earnings in the first quarter of 2024, driven by the growing demand for artificial intelligence (AI) products and services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
Policymakers Grapple With AI Regulation Balancing Act
May 30, 2024

As artificial intelligence (AI) rapidly advances, policymakers worldwide find themselves grappling with the complex challenge of regulating this transformative technology. The debate over AI regulation has pitted those who warn against stifling innovation against others who advocate for stronger safeguards to address potential risks. Get...

Artificial Intelligence
Grab Teams With OpenAI to Integrate AI in Ride-Hailing, Delivery Business
May 30, 2024

Ride-hailing and delivery company Grab partnered with artificial intelligence firm OpenAI to upgrade its app and integrate AI across its business Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
J.P. Morgan Adds Fractional Shares Capability to Self-Directed Investing Experience
May 30, 2024

J.P. Morgan has enhanced its Self-Directed Investing experience, adding new features to provide clients with better tools and resources for making informed investment decisions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Best Buy: Shoppers Are Shifting Their Spending Toward Seasonal Sales
May 30, 2024

As consumers prove more cautious about their discretionary retail spending, Best Buy is seeing shoppers hold off until sales events to make big purchases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
EU Regulator: AI Poses Risks to Retail Investment Services
May 30, 2024

Europe’s markets regulator is warning about potential dangers of artificial intelligence (AI) use by investment firms. 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...

Banking
Jio Financial Services Launches Digital Banking App in India
May 30, 2024

Jio Financial Services launched its JioFinance app in beta mode, saying it aims to advance digital transformation and enhance the “financial well-being of every Indian.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...