News

Retail
L’Oréal Sees 150% Increase in Virtual Try-Ons as Consumers Seek AR Immersion
February 12, 2024

L’Oréal is seeing a rapid uptick in adoption of virtual try-ons, as consumers increasingly seek out mixed-reality technologies that bring real-world-like immersion to online shopping. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
GenAI’s Pace of Development Is Shattering Moore’s Law
February 12, 2024

We are still in the early innings of the artificial intelligence (AI) era. 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 Reports Digital Banking Alerts, Logins Rise 11%
February 12, 2024

Bank of America clients had a record 23.4 billion digital interactions with the bank in 2023. 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
Mia Share Raises $6.5 Million to Facilitate Digital Tuition Payments
February 12, 2024

Mia Share has raised $6.5 million in a seed round to grow its platform that streamlines digital payment options for trade and technical schools. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Trouble Ahead for Department Stores as Luxury Brands Move Direct-to-Consumer
February 12, 2024

As luxury brands increasingly find ways to create direct relationships with their customers, high-end department store chains are facing new challenges. 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
AI Took Over This Year’s Super Bowl Ads; It’s Coming for Daily Life Next
February 12, 2024

The Super Bowl, which was broadcast in 190 countries around the world Sunday (Feb. 11), was more than just an overtime battle between the Kansas City Chiefs and the San Francisco 49ers. Get the Full Story Complete the form to unlock this article and enjoy...

Artificial Intelligence
Nvidia CEO: AI Revolution Won’t Cost $7 Trillion
February 12, 2024

Will Sam Altman’s plans for global artificial intelligence (AI) expansion really cost $7 trillion? 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...

Artificial Intelligence
AI Could Permanently Ax Some White-Collar Management Jobs
February 12, 2024

So far, the number of jobs eliminated by generative artificial intelligence is low. 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....

B2B Payments
Visa Integrates Virtual Corporate Cards With Digital Wallets
February 12, 2024

Visa’s suite of B2B payment solutions now enables financial institutions to add virtual corporate cards to the digital wallets of their clients’ employees.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...