News

Loyalty & Rewards
Embracing Disloyalty: Are Consumers Rewriting Rewards Programs?
July 29, 2023

With the resurgence of travel and consumers increasingly relying on credit to pursue their experiences, one might assume that brand loyalty would become more straightforward. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

IPO
Report: Figure Technologies Lays Off 90 Employees and Plans IPO
July 28, 2023

Figure Technologies has reportedly laid off staff and is preparing for an initial public offering (IPO). 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,...

Artificial Intelligence
Microsoft Emphasizes Importance of GPU Supply for AI
July 28, 2023

Microsoft has told investors that the supply of graphics processing units (GPUs) is a key resource — and risk factor — for the company’s growing cloud business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Regulation
Binance Fights Back Against CFTC Complaint, Claims Regulatory Overreach
July 28, 2023

Binance and its CEO, Changpeng Zhao, are reportedly fighting back against a complaint filed against the cryptocurrency exchange by the U.S. Commodity Futures Trading Commission (CFTC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Artificial Intelligence
AP’s Licensing Deal With OpenAI Includes First-Mover Safeguard
July 28, 2023

When the Associated Press (AP) became the first major publisher to license its content to a major artificial intelligence (AI) platform, the newswire reportedly ensured that it could modify the terms if another publisher struck a better deal. Get the Full Story Complete the form to unlock...

Payment Methods
This Week in Payments: Card Networks Strong, Crypto Regs in Focus, Shopify Helps SMBs
July 28, 2023

This week in payments, Mastercard and Visa both posted strong numbers in the quarter that just ended, cryptocurrency regulation is poised to take a major step forward, and Shopify equipped small- to medium-sized businesses (SMBs) with easier access to working credit. Get the Full Story...

Ridesharing
European Union Investigates Spanish Regulations on Ride-Hailing Services
July 28, 2023

The European Union (EU) is looking into the tightening of regulations experienced by ride-hailing apps in Spain. 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
Post-Barbie Collab, Crocs Reports $1.07 Billion in Revenue
July 28, 2023

Crocs is in the business of collaborations. It’s a skill many can learn from, as the footwear company reported $1.07 billion in revenue on Thursday (July 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Victoria’s Secret to Premiere ‘Re-Imagined Fashion Show’ on Prime Video
July 28, 2023

Victoria’s Secret will present a “re-imagined fashion show” on Amazon’s Prime Video. 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...