News

Retail
59% of UK Consumers Still Prefer to Buy Groceries In-Store
May 13, 2024

Adopting Click-and-Mortar™ shopping allows consumers to leverage the best of both online and in-person features to maximize their buying experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Small Retailers Struggle to Bounce Back From the Pandemic
May 13, 2024

As many small- to medium-sized businesses (SMBs) have spent the last year recovering from the impact of the pandemic, mom-and-pop retailers have struggled to regain their footing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Payment Methods
Mexico-Based Aplazo Raises $70 Million for Omnichannel Payment Platform
May 13, 2024

Aplazo has raised $70 million in equity funding, including a $45 million Series B, to continue building its omnichannel payment platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Online Marketplaces Grab Auto Parts Share From Specialty Merchants
May 13, 2024

As shoppers increasingly purchase auto parts from third-party online marketplaces such as Amazon and eBay, retailers and eCommerce merchants specializing in the category are seeing sales declines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Artificial Intelligence
Technology Innovation Institute Launches AI Model With Vision-to-Language Capabilities
May 13, 2024

The United Arab Emirates (UAE)-based Technology Innovation Institute (TII) has announced a new iteration of its large language model (LLM). 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...

Artificial Intelligence
How Deep Learning Lets AI Tackle Complex Tasks
May 13, 2024

Scientists and engineers are teaching machines to think like humans, using a cutting-edge approach to artificial intelligence (AI) called deep learning. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
Expensify Adds Unlimited Virtual Cards to Spend Management Platform
May 13, 2024

Expensify has added unlimited virtual cards to its spend management 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, PYMNTS Today. By completing...

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...