News

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...

Delivery
Amazon Prime Air Receives FAA Approval to Expand Drone Delivery
May 30, 2024

Amazon Prime Air has been granted approval by the Federal Aviation Administration (FAA) to expand its drone delivery 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...

Artificial Intelligence
Security Experts Wary of OpenAI’s Safety Play
May 30, 2024

OpenAI is making a move with its next-generation artificial intelligence model, but the company’s newly formed safety committee has some experts raising eyebrows. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
Swift Turns to AI to Battle Cross-Border Payment Fraud
May 30, 2024

Swift is partnering with a group of banking giants to combat cross-border payment fraud. 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
OpenAI CTO Mira Murati: GenAI Applications Are Becoming ‘Collaborators’
May 30, 2024

During the short time that generative artificial intelligence (GenAI) applications have been available, they have “entered the workforce as collaborators,” OpenAI Chief Technology Officer Mira Murati said Thursday (May 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Artificial Intelligence
AI Could Cure Healthcare Sector’s $500 Billion Administrative Problem
May 30, 2024

Artificial intelligence (AI), when applied correctly and responsibly, has the potential to transform industries. 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...

B2B Payments
B2B Companies Embrace Invoice Financing to Drive Business Continuity
May 30, 2024

As businesses evolve, so too do the ways in which they pay and get paid. 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,...