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Investments
Canary Raises $50 Million to Deploy AI for Hospitality Industry
June 14, 2024

Canary Technologies raised $50 million in a Series C funding round to support its deployment of artificial intelligence for the hospitality industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Target Aims to Reverse Losses With Private-Label Goods, Price Cuts
June 14, 2024

Target reportedly lost market share in several of its key product categories in the first quarter. 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
Layer3 Raises $15 Million to Help Users Discover Web3 Projects
June 14, 2024

Layer3 raised $15 million in a Series A funding round to support its omnichain identity and distribution protocol that helps cryptocurrency consumers discover and earn rewards from projects. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Report: Luxury Brands Offer ‘Unprecedented’ Discounts in China Amid Economic Slowdown
June 14, 2024

Luxury brands in China are reportedly resorting to “unprecedented” discounts to sell unsold inventory and entice cautious Chinese 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...

Payments Innovation
Why It’s Time for Corporates to Jump on the ISO 20022 Bandwagon
June 14, 2024

It might not get the amount of play that real-time payments, open banking and artificial intelligence get, but the global payments industry reached a milestone recently when the U.S. CHIPS network, one of the world’s largest dollar clearing systems, completed its migration to the ISO...

Retail
Walmart and Amazon Race to Digitize the Physical Store
June 14, 2024

As Walmart and Amazon compete to stay at the forefront of retail’s omnichannel transformation, the two industry giants are integrating digital technologies into physical stores, aiming to provide the most convenient, connected shopping experience. Get the Full Story Complete the form to unlock this article...

Fintech Investments
FinTech IPO Tracker Loses 3.8% Despite Affirm’s Rally on Apple Pay Tie-up
June 14, 2024

Affirm saw its stock rally 7.8% this past week, but the overall trend for the FinTech IPO Index was down, as the group sank 3.8%. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
The One Thing All Parents Have In Common: They Don’t Scrimp on Baby Products
June 13, 2024

As consumers look for ways to cut back their retail spending, many are willing to make sacrifices on product quality, but not when it comes to buying products for their babies. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Consumers Demand Discounts Even When Buying Diamonds Amid Inflation
June 13, 2024

As consumers continue to be concerned about their financial situations, shoppers are looking for deals and discounts even when making major purchases such as buying diamond jewelry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...