News

Retail
Retailers Struggle Amid More Cautious Consumer Spending
March 24, 2024

U.K. and U.S. retailers are reportedly finding that deep discounts aren’t enough to woo consumers. 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
Robots vs Rock Stars: UMG and Roland Share Guidelines for AI Music
March 23, 2024

The year is 2034, Taylor Swift hasn’t had work in years, and all our favorite songwriters are just algorithms. This is the future that Universal Music Group (UMG) and Roland Corporation are ostensibly trying to prevent. Get the Full Story Complete the form to unlock this article and enjoy...

IPO
Ibotta Files for IPO, Plans to List on NYSE
March 22, 2024

Ibotta has filed a registration statement for its proposed initial public offering (IPO) with the Securities and Exchange Commission (SEC).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Banking
Shareholders Approve Merger Plan of Pennsylvania Banks Peoples and FNCB
March 22, 2024

Peoples Financial Services Corp. and FNCB Bancorp have received shareholder approval for their previously announced plans to merge. 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...

Artificial Intelligence
Nextech Unveils AI Virtual Assistant for Specialty Physician Practices
March 22, 2024

Nextech has unveiled three artificial intelligence (AI) solutions that will be added to its range of technology offerings for specialty physician practices.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

IPO
Chime Plans to Launch IPO in US in 2025
March 22, 2024

Chime Financial reportedly plans to launch its initial public offering (IPO) in 2025. 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...

Artificial Intelligence
This Week in AI: Human-Like Reasoning, Robots and Open Source
March 22, 2024

This week in artificial intelligence (AI) news, a new technique, “Quiet-STaR,” teaches AI to think and chat more like humans by considering various ideas before answering, improving how we interact with technology. Significant investments in AI, including Nvidia’s robot project, GR00T, are rapidly advancing AI’s...

Artificial Intelligence
OpenAI Promoting AI Text-to-Video Model Sora to Entertainment Industry
March 22, 2024

OpenAI is reportedly working to promote the integration of its unreleased artificial intelligence (AI) text-to-video model, Sora, into film production. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Kroger Offloading Specialty Pharmacy Suggests Sometimes Less Is More
March 22, 2024

With Kroger selling off its specialty pharmacy business, it seems that retailers’ efforts to pack more and more into their stores may not always be the right move. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...