News

IPO
FinTech IPO Index Loses 3.3% as Upstart Plunges on Earnings
February 23, 2024

Earnings season moves on, and in some cases, results underwhelmed investors — and forward-looking guidance — sending shares down significantly and the FinTech IPO Index as well. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Carvana Lowers Costs, Boosts Customer Satisfaction With Technology
February 22, 2024

Technological solutions are driving cost reductions and higher customer satisfaction at Carvana. 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...

Artificial Intelligence
Intuit Says GenAI-Powered Assistant Delivers Better Customer Reviews
February 22, 2024

During the first tax season in which they’re being helped by a generative artificial intelligence (AI) assistant, Intuit’s TurboTax customers are enjoying seeing the work done “automagically.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Judge Approves FTX Proposal to Sell Stake in Anthropic
February 22, 2024

A U.S. judge has approved bankrupt crypto exchange FTX’s proposal to sell its shares in artificial intelligence (AI) startup Anthropic. 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...

Artificial Intelligence
Bain Capital Tech Opportunities Fund Says AI Investments Too ‘Speculative’
February 22, 2024

Bain Capital’s tech fund for growth companies reportedly stands out from others by not rushing to back the latest artificial intelligence (AI) startups. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
OpenAI vs Nvidia Shapes Up as Battle of the AI Titans
February 22, 2024

Every commercial landscape is defined — and advanced — by the rivalries it contains. 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...

Mobile Payments
TD Bank Adds Mobile-Based Payment Acceptance Option for Small Businesses
February 22, 2024

TD Bank has launched “Tap to Pay on iPhone,” a new mobile-based payment acceptance option that aims to provide greater flexibility and convenience for business owners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

IPO
Reddit May Go Public in March Following IPO Filing
February 22, 2024

Social media platform Reddit has reportedly publicly filed for an 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. yesSubscribe...

Investments
Crisp Raises $50 Million to Grow CPG Data-Sharing Efforts
February 22, 2024

Collaborative commerce firm Crisp, which provides retailers with real-time inventory data, has raised $50 million in a Series B extension round to drive its growth efforts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...