Traditional credit cards are facing pressure in the battle for consumer spending power. While general-purpose cards remain the workhorse of American credit, their use for installment payments is growing far more slowly than private-label store cards — a shift driven, as PYMNTS Intelligence has found,...
Private equity (PE) operations are reportedly struggling to raise funds despite offering investors unheard-of incentives. 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,...
When Coinbase embraced artificial intelligence (AI) adoption, its CEO gave workers a week to get on board. 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...
eCommerce accelerator Pattern is preparing to go public amid a jump in revenue. 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....
Credit investors are reportedly pumping billions into artificial intelligence (AI) efforts amid concerns about an industry bubble. 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...
Star Trek’s fictional Dr. “Bones” McCoy may have had a tricorder, but NASA astronauts could soon have something almost as futuristic and real: An artificial intelligence (AI)-powered medical assistant that can diagnose and help treat illnesses millions of miles from Earth. Get the Full Story...
TikTok reportedly plans to lay off hundreds of staffers in its trust and safety department as it reorganizes its content moderation efforts and automates more of that work with artificial intelligence. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Vendor Pay Express, an affiliate of 1st Commercial Credit, has launched a digital platform for B2B transactions that provides faster payments to suppliers and interest-free credit lines to buyers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Some of the biggest names in tech, including Google, Amazon, and Apple, saw their stocks battered this week amid fears that the artificial intelligence (AI) revolution has turned into a dangerous bubble. Read more in the PYMNTS weekly roundup of AI news. Get the Full...