News

Loyalty & Rewards
5 Metrics to Elevate Your Loyalty Program
July 04, 2024

Brands use loyalty programs to increase sales, acquire and retain members, enhance the customer experience and create advocates. Return on investment (ROI) is foremost among any brand’s metric to measure the efficiency and performance of a loyalty program. Since every loyalty program is different, calculating...

Artificial Intelligence
AI’s Tour de France Showing Generates Controversy
July 04, 2024

The promise of artificial intelligence to generate images from simple text prompts has captured imaginations, with tools like DALL-E and Midjourney producing visuals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

eCommerce
Shoprite Launches eCommerce Service for Wholesale Buyers
July 03, 2024

Shoprite is launching an eCommerce service for its Cash and Carry stores to streamline wholesale purchases. 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...

Cross-border Payments
Deltec Bank Joins Visa B2B Connect to Accelerate Cross-Border Payments
July 03, 2024

The Bahamas-based private and corporate bank Deltec Bank has joined Visa’s B2B cross-border payment network, Visa B2B Connect. 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...

B2B Payments
This Week in B2B: Declaring Independence From Paper-Based Payments
July 03, 2024

When it comes to business-to-business (B2B) payments, every transaction is an adventure. 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. By...

Artificial Intelligence
How the UN AI Resolution Could Reshape Commerce
July 03, 2024

The United Nations General Assembly greenlit Monday (July 1) a China-sponsored, United States-backed resolution on artificial intelligence, signaling a potential sea change in global AI regulation and commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Millions of Apple Apps Exposed to Potential Security Threat
July 03, 2024

Millions of Apple’s smartphone and computer/laptop apps were reportedly exposed to a security breach. 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...

Investments
Forestay Capital Targets Enterprise AI, SaaS With $220 Million Fund
July 03, 2024

European venture capital firm Forestay Capital reportedly raised $220 million to invest in startups in the enterprise artificial intelligence and Software-as-a-Service (SaaS) sectors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
AI Reshapes Banking: Promises and Pitfalls as Industry Grapples With Transformation
July 03, 2024

As artificial intelligence revolutionizes the banking sector, industry leaders from UBS and McKinsey highlighted the potential and challenges facing financial institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...