News

Loyalty & Rewards
Marketplaces Focus on Loyalty Programs for Media and Telecom Sectors
March 20, 2024

Media and telecom organizations are working with payment facilitators (PayFacs), independent software vendors (ISVs) or marketplaces to make embedded finance part of their business models. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Nvidia Aims to Redefine Commerce With AI Chips
March 19, 2024

Nvidia’s latest chips could help transform the commerce industry by enabling AI applications to run faster and more efficiently, experts say.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
Why Open Source Models Could Be the Future of AI
March 19, 2024

Elon Musk’s xAI is open-sourcing its artificial intelligence (AI) chatbot, Grok, in a move that some say could democratize AI technology and foster innovation in commercial applications. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
CFPB Head Puts Those Who Intend to ‘Weaponize’ Open Banking on Notice
March 19, 2024

The U.S.’s top consumer protection watchdog is on the lookout for financial services industry players hoping to game open banking for their own benefit.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Receipt Data May Be Key to More Efficient Customer Experiences
March 19, 2024

Businesses looking to keep consumers coming back by offering the most efficient customer experience may want to look to receipt data, at least if financial institutions and FinTechs have anything to say about it. Get the Full Story Complete the form to unlock this article...

Retail
Amazon Looks to Bring Deal Days Boost to Q1 With Spring Sale
March 19, 2024

With the wild success of its summer and fall Prime Day events, Amazon is looking to bring in a similar boost in the spring. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
DeepMind Founder to Head Microsoft Consumer AI Group
March 19, 2024

Microsoft has reportedly named DeepMind Co-founder Mustafa Suleyman to head its consumer AI unit. 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
Shell Divesting 1,000 Retail Locations as Convenience Stores Take a Hit
March 19, 2024

Shell is offloading retail locations in a shift to B2B, as across the convenience retail industry, key players are feeling the impacts of ongoing economic challenges.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Marco Raises $12 Million to Support LatAm Trade Finance
March 19, 2024

Miami-based trade finance platform Marco has raised $12 million in a Series A round. 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...