News

B2B Payments
Standard Chartered and Visa Partner on Cross-Border B2B Payments
April 23, 2024

Standard Chartered has partnered with Visa to facilitate cross-border B2B payments for the bank’s corporate clients. 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
AI to Boost Weather Forecasts, Businesses Hope for Profits
April 23, 2024

Advancements in artificial intelligence (AI) may drastically improve the accuracy of weather predictions, potentially increasing profits for businesses that rely on forecasting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Artificial Intelligence
Bite-Sized AI: Why Smaller Models Like Microsoft’s Phi-3 Are Big for Business
April 23, 2024

Smaller artificial intelligence (AI) models, like Microsoft’s recently unveiled Phi-3-mini, are proving that bigger isn’t always better for business applications. 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...

News
Figure Names Brex Veteran Michael Tannenbaum as CEO
April 23, 2024

Figure Technology Solutions has named Michael Tannenbaum as CEO and a member of the board of directors, effectively immediately. 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...

Retail
Cash-Strapped Consumers Hesitant to Spring for Full-Priced Wholesale Club Memberships
April 23, 2024

With ongoing financial challenges prompting consumers to make more conservative spending changes, major membership wholesale clubs’ latest promotions suggest they are having trouble getting shoppers to spring for full-priced memberships. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Perplexity Valued at $1 Billion as It Challenges Google Search
April 23, 2024

Perplexity has reportedly raised $63 million as it aims to compete with Google’s search engine. 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...

Retail
Saks Launches Retail Media Network Targeting Luxury Shoppers
April 23, 2024

Saks is now offering digital advertising to connect brands with luxury shoppers on its 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...

Retail
Consumers Demand AI-Powered Expertise When Exploring New eCommerce Categories
April 23, 2024

When trying unfamiliar products online, consumers demand a high degree of expert, personalized guidance — the kind that they are used to getting in stores — and artificial intelligence (AI) can go a long way toward helping shoppers get over their initial hesitance. Get the...

Artificial Intelligence
Microsoft Debuts Smallest AI Model as AI Eludes Small Businesses
April 23, 2024

Microsoft has introduced its smallest artificial intelligence (AI) model, aimed at businesses with limited resources. 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,...