News

Payments Innovation
They Said That: Notable Quotables for the Week of July 29
August 02, 2024

It was the thick of earnings season this week, but that didn’t mean PYMNTS’ interviews with key executives took a break. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
British Banks Cut Costs as Interest Rates Begin to Decline
August 02, 2024

The largest banks in the United Kingdom are reportedly cutting costs to protect profits as interest rates begin to decline. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Delivery
Gopuff SVP: Personalization Requires Staying ‘a Step Ahead’ of Shoppers
August 02, 2024

As merchants look to target their offerings to consumers’ unique needs and preferences, Gopuff is tapping personalized ads to drive additional revenue. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

News
This Week in AI: From Meta’s Ads to Apple’s Mobile Makeover, Big Tech Bets Big...
August 02, 2024

Industry giants are going all-in on artificial intelligence (AI), with Meta, Apple and Nvidia leading the charge. As the FTC ramps up oversight and ethical concerns loom, these companies are racing to integrate AI into everything from advertising and mobile commerce to humanoid robots, promising...

Investments
Investors Increasingly Skeptical That AI Opportunities Outweigh High Costs
August 02, 2024

Big Tech companies’ efforts around artificial intelligence (AI) are reportedly getting a largely negative reception on Wall Street. 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...

Retail
Online Fashion Retailer Revolve Considers Adding More Brick-and-Mortar Stores
August 02, 2024

Online fashion retailer Revolve Group is reportedly looking at opening more brick-and-mortar stores in luxury destinations after opening its first such store in Aspen, Colorado, in June. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Walmart and Amazon Step Up the Race for Digital Ad Spending
August 02, 2024

As Walmart and Amazon look to boost their margins through digital media sales, the two retail giants are sweetening the deal for potential advertisers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Fintech Investments
FinTech IPO Index Loses 5% as NerdWallet and Lemonade Slip on Earnings
August 02, 2024

Earnings season’s in full swing and proved to be less than kind to the FinTech IPO Index, which gave up 5%. Double digit declines on the heels of various quarterly reports proved to be common through the last several sessions. Get the Full Story Complete...

Security & Fraud
More Than Half of US Consumers Use P2P Apps to Send Money
August 02, 2024

Consumers are turning to peer-to-peer (P2P) apps like Venmo and Zelle for quick and easy money transfers. But while these services have become ubiquitous, concerns about fraud are casting a shadow over their growth. Get the Full Story Complete the form to unlock this article...