News

Artificial Intelligence
AI Explained: Artificial General Intelligence
April 29, 2024

As the field of artificial intelligence (AI) continues to advance at a rapid pace, the concept of artificial general intelligence (AGI) has captured the attention of researchers, tech enthusiasts and the media alike. AGI refers to the development of intelligent machines that can think, learn and perform any intellectual task that a human can. ...

Retail
Nordstrom to Roll Out Digital Marketplace, Enhanced Search Feature
April 29, 2024

Nordstrom will roll out a new digital marketplace on its website, Nordstrom.com, along with an enhanced search feature. 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...

Payment Methods
Mastercard and PrestaShop to Deploy Click to Pay in Europe
April 29, 2024

ECommerce solution provider PrestaShop has partnered with Mastercard to offer Click to Pay in Europe. 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
Vinted Solves Resale Profitability Problem by Spreading Its Income Sources
April 29, 2024

As resale marketplaces struggle to turn a profit, Vinted appears to have cracked the code, diversifying its platform to bring in revenue from as many parts of the experience as possible. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Backflip Raises $15 Million to Grow Real Estate Investment Platform
April 29, 2024

Backflip raised $15 million in a Series A funding round to grow its platform for real estate investors. 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...

Artificial Intelligence
US-China AI Meeting May Hold Key to Unlocking Global Business Potential
April 29, 2024

The upcoming high-level talks between the U.S. and China on artificial intelligence (AI) could have far-reaching implications for the future of global commerce, experts say. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Tether Acquires Majority Stake in Brain-Computer-Interface Developer Blackrock Neurotech
April 29, 2024

Tether, the company behind the stablecoin USDT, has announced a strategic investment in Blackrock Neurotech, a pioneer in brain-computer-interface (BCI) technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Artificial Intelligence
‘Killer Robots’ on Agenda as Nations Debate AI Weapons
April 29, 2024

Austria says the time has come to regulate artificial intelligence (AI) use in weapons systems. 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
Artsy Shoppers Are Ditching Craft Stores for More Convenient eCommerce Options
April 29, 2024

Consumers are cutting back on nice-to-haves like craft supplies, and even when they do buy these items, they are increasingly choosing retail giants such as Amazon, leaving arts stores in the lurch. Get the Full Story Complete the form to unlock this article and enjoy unlimited...