News

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,...

B2B Payments
Virtual Cards Set to Transform Buyer-Supplier Relationships
April 23, 2024

Management guru Peter Drucker once said that “wherever you see a successful business, somebody made a courageous decision.” That’s the spirit behind the Certainty Project, a study from PYMNTS Intelligence highlighting the implications of decision-making in financial operations.  Get the Full Story Complete the form to unlock this...

Loyalty & Rewards
New Data: 93% of Card-Linked Offer Users Come Back for More
April 23, 2024

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 form, you agree to receive marketing communications from PYMNTS and...

Cross-border Payments
Pomelo Officially Launches Product Combining Credit and International Money Transfer
April 22, 2024

Pomelo has announced its official launch after several months of private beta. 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...