News

Investments
IQ Capital Raises $400 Million for Deep Tech AI Firms
June 05, 2023

Venture firm IQ Capital has raised $400 million for artificial intelligence (AI) and robotics startups. 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,...

Partnerships / Acquisitions
Cardinal Health’s ‘Outcomes’ Business Merges With Pharmacy Tech Firm TDS
June 05, 2023

Medical products maker Cardinal Health is combining its Outcomes business with pharmacy tech firm Transaction Data 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
Big Box Stores Opt for Smaller Warehouse Operations
June 05, 2023

Retailers have begun scaling back their warehouse and logistics operations amid changing consumer spending patterns. 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
EU Official Says AI Firms Must Help Block ‘Malicious Actors’
June 05, 2023

Should artificial intelligence (AI)-generated content be labeled as such? 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,...

Retail
Chanel Signs Largest Retail Lease Agreement Since the Pandemic in Hong Kong 
June 05, 2023

Chanel has signed one of the largest lease agreements since the onset of the pandemic — a prominent retail space in the bustling shopping district of Causeway Bay in Hong Kong.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Can AR Reduce Returns for Jewelry Brands?  
June 05, 2023

Perfect Corp. has created an innovative virtual hand-sizing technology aimed at assisting jewelry brands in minimizing their return rates.  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...

Social Commerce
Twitter Ad Revenue Plummets 59% Amid Hate Speech Concerns
June 05, 2023

Twitter reportedly continues to shed advertisers amid a rise in hate speech on the 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,...

Banking
An Industry Insider on the Growing Importance of Compliance in Bank-FinTech Relationships
June 05, 2023

Nearly all banks view FinTech partnerships as important, but the partnership dynamics will be put to the test as new open banking regulations go into effect in 2024. PYMNTS examines what will be required as banks and FinTechs will rely on each other for data...

Payment Methods
Beauty’s Digital Payments Makeover Being Driven by Permanent Behavioral Shifts
June 05, 2023

The contemporary commerce experience has become an end-to-end, digitally seamless and frictionless 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. yesSubscribe to our daily newsletter, PYMNTS Today....