News

Retail
Shein Reportedly Rebuffed by National Retail Federation Ahead of IPO
May 13, 2024

Shein reportedly has some work to do if it wants to court the U.S. retail industry. 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
Slowing Shopify Growth Spells Challenges for BNPL Partner Affirm
May 13, 2024

As Shopify’s growth slows down, its buy now, pay later (BNPL) partner, Affirm, is feeling the burn. 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...

Retail
Temu Tepid About US Thanks to TikTok Turmoil
May 13, 2024

Chinese eCommerce company Temu is reportedly looking beyond the United States for business growth. 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...

Banking
MoneyLion: On a Mission to Become the Expedia of Financial Services
May 13, 2024

It has been a wild ride for many companies that come under the heading ‘“FinTech.” Case in point: MoneyLion. Just a year ago the company was a neobank struggling under a $9 million loss for Q1 2023. Fast forward a year and the data-driven financial...

Artificial Intelligence
UK Unveils First-Ever State-Backed AI Safety Tool
May 12, 2024

The U.K. has debuted what it calls a landmark toolset for artificial intelligence (AI) safety testing. 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...

Artificial Intelligence
Report: AI Will Take Up 10% of Big Tech IT Budgets
May 12, 2024

Artificial intelligence (AI) projects are set to comprise up to 10% of companies’ IT budgets. 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
Sorry, Mom: Mother’s Day Shoppers Are Waiting to the Last Minute
May 11, 2024

Many shoppers are no longer planning out their Mother’s Day gifts weeks in advance — they’re increasingly waiting for the last minute, expecting to have whatever they want still available. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Instant B2B Payments Reshape Buyer-Supplier Dynamics
May 10, 2024

The B2B payments landscape is uniquely large, and largely unique. 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 completing this...

Artificial Intelligence
New York City Dreams of Being Silicon Valley
May 10, 2024

New York City, the concrete jungle where dreams are made, is now dreaming of a new kind of dominance: artificial intelligence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....