News

Retail
Albertsons and Uber Expand Program Delivering Surplus Food to Nonprofits
June 04, 2024

Albertsons Companies and Uber Technologies have expanded a program in which they donate and deliver surplus food to local nonprofit organizations and food banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

eCommerce
Only 22% of US Consumers Prefer Payment Options on Brand Websites
June 04, 2024

Cart abandonment — when online shoppers select items with the apparent intention to buy, only to leave those items sitting in digital limbo — happens on every eCommerce website, but PYMNTS Intelligence data reveals that it is especially common on brands’ sites. Get the Full...

Investments
Touchcast Plans to Raise $100 Million to Improve AI Queries
June 04, 2024

Artificial intelligence startup Touchcast is reportedly raising $100 million from backers including Microsoft. 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....

Banking
Banks Boost Revenue Streams With Transaction Management Services and Technologies
June 04, 2024

Card spending is volatile, and commercial real estate loans look shaky. 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...

Loyalty & Rewards
High-Income Shoppers Seek Store-Specific Card-Linked Rewards  
June 04, 2024

For shoppers with the most cash to burn, PYMNTS Intelligence data reveal, store-specific card-linked rewards go the longest way toward driving spending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Zara and Amazon Lead Livestream Shoppable Content Expansion
June 04, 2024

As consumers around the world look for more engaging purchasing experiences, livestream shopping is expanding internationally. 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...

CFPB
CFPB: Lenders Must Stop Hiding Unlawful Terms in Fine Print
June 04, 2024

The Consumer Financial Protection Bureau (CFPB) is warning businesses against hiding “unlawful or unenforceable terms” in contracts’ fine print. 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...

Artificial Intelligence
Intel Ups the AI Ante With New Chips for Data Centers
June 04, 2024

In the hypercompetitive arena of artificial intelligence, Intel unveiled its latest gambit: the Xeon 6 processor. 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
Capturing Crypto’s Product-Market Fit Within Cross-Border Payments
June 04, 2024

In a landscape defined by unprecedented digitization and global connectivity, cross-border payments remain a paradox. 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,...