News

Delivery
FedEx Plans Fall Launch of Revamped Delivery Platform
March 21, 2024

What’s better than a delivery fleet spanning hundreds of aircraft, tens of thousands of vehicles and hundreds of service centers? 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
New AI Training Method Boosts Reasoning Skills by Encouraging ‘Inner Monologue’
March 21, 2024

To improve artificial intelligence (AI), it might pay to mimic the human brain. 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....

Banking
Bank of America Consolidates Banking, Investing, Retiring Into One App
March 21, 2024

Bank of America has launched a “massive update” to its mobile banking app, combining banking, investing and retiring into one unified app.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Budget-Strapped Consumers Less Likely to Splurge on Fancy Yoga Pants
March 21, 2024

As consumers continue to feel the economic pressures, Lululemon is seeing shoppers spend more cautiously. 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,...

Investments
Coast Raises $92 Million to Improve Fleet Management Payments
March 21, 2024

Fuel and fleet spending management firm Coast has raised $92 million in new capital. 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
Walmart Courts Affluence as Wealthier Shoppers Trade Down
March 21, 2024

Walmart is reportedly making a renewed effort to entice wealthier shoppers. 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...

Artificial Intelligence
Meet the Titans: Major Players Funding the Future of AI
March 21, 2024

Saudi Arabia aims to carve out a leadership role in the burgeoning artificial intelligence (AI) field with a proposed $40 billion investment fund, as The New York Times reported. The country is one of many global giants in the race to shape the future of...

Banking
FDIC Proposes Revisions to Statement of Policy on Bank Mergers
March 21, 2024

The Federal Deposit Insurance Corp. (FDIC) is seeking public comment on a proposal that would “update, strengthen and clarify” its approach to evaluating bank mergers.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Pandion Raises $41.5 Million to Expand Residential Parcel Delivery Network
March 21, 2024

Pandion has raised $41.5 million in a Series B funding round to expand its residential parcel delivery network designed for eCommerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...