News

eCommerce
High-Income Consumers Shop Online 40% More Than Low-Income
July 08, 2024

When it comes to retail’s digital transformation, consumers with cash to burn are leading the charge. 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...

B2B Payments
Japan Ditched Floppy Disks, but Can Businesses Ditch Paper Checks?
July 08, 2024

Technological innovation moves fast, but sometimes businesses can move slowly. Or even not at all. 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,...

Retail
Computer Vision Checkout Expands Globally Despite Hurdles
July 08, 2024

Around the world, computer vision checkout is growing, both in terms of its availability and its physical footprint, despite significant cost challenges to making the retail technology worth its while. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Niva Raises $3.3 Million for AI-Powered Business ID Solution
July 08, 2024

Business identity platform Niva has launched after raising $3.3 million for its verification solution, according to a Monday (July 8) news release. 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...

Retail
Retail Brands Use Media Partnerships to Drive Engagement
July 08, 2024

Retail brands are using media partnerships in creative ways to drive engagement, reaching consumers at more parts of their day-to-day routines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Digital Banking
Trending: Earnings Season Set to Spotlight Digital Banking
July 08, 2024

The big banks will kick off earnings season Friday (July 12), as is the case quarter after 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...

Artificial Intelligence
AI Explained: Is Anthropomorphism Making AI Too Human?
July 08, 2024

As eCommerce giants and tech startups strive to make online interactions more engaging, they’re turning to anthropomorphism — attributing human characteristics to nonhuman entities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Hebbia Raises $130 Million for AI-Driven Complex Query Tool
July 08, 2024

New York-based AI startup Hebbia has raised $130 in a new funding round. 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 completing...

Retail
Discount Retail Struggles as Paycheck-to-Paycheck Shoppers Cut Back
July 08, 2024

Discount retailers are closing shop as financially constrained consumers pull back their spending, with Big Lots the latest to take a hit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...