As generative artificial intelligence begins to make its way into more parts of consumers’ daily lives, many are skeptical of the technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Cue the Beach Boys and Jimmy Buffett. It’s the last week of summer, and while a lot of the banking and payments world was on vacation, we were busy covering development in everything from AI to zillennials. Here’s a sample of notable quotables from the...
PDD Holdings, owner of eCommerce firm Temu, is reportedly sitting on $38 billion in cash. 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,...
Magic raised $320 million from a group of investors that includes former Google CEO Eric Schmidt to build an artificial intelligence coworker for AI research and code generation, the company said in a Thursday (Aug. 29) blog post. Get the Full Story Complete the form...
Wirex has launched its mainnet, making its decentralized payment method, Wirex Pay, live and ready to use. 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...
Bridge reportedly raised $40 million to support its efforts to build a stablecoin-based payments platform designed to simplify global money movement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Amid escalating competitive pressures, Ulta Beauty is facing a challenging retail environment that impacted its store performance in the second quarter, according to earnings results. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Contemporary businesses operate in an era marked by surging cyberthreats and data breaches. 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....
Singapore is considering a bill that would allow police to order banks to temporarily prevent people from sending money to scammers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...