News

Retail
Amazon Tops 30% Market Share for Electronics
March 11, 2025

The retail sector in the United States is competitive, and Amazon has steadily gained ground, driven by a surge in discretionary spending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Old-School Billing Is Creating a Construction Industry Cash Crunch
March 11, 2025

During times of uncertainty, payment issues can be more of a threat to survival than just a nuisance. 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
Airbnb CBO: AI Will Enable a ‘Concierge in Your Pocket’
March 10, 2025

Airbnb is planning to embed artificial intelligence (AI) throughout its operations to transform guest and homeowner experiences, enabling a “concierge in your pocket,” according to its chief business officer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cross-border Payments
Report: Papaya Global Adds Citi as Sponsor Bank
March 10, 2025

Payroll payments provider Papaya Global reportedly added Citibank as a sponsor bank, joining the company’s other sponsor, JPMorgan Chase. 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...

Artificial Intelligence
Anthropic CPO: Startup Isn’t Interested in Hardware or Consumer Entertainment
March 10, 2025

Anthropic, the maker of Claude AI and backed by Amazon and Google, is not planning to get into hardware or consumer entertainment but will remain focused on developing generalist foundation models for enterprise use cases. Get the Full Story Complete the form to unlock this...

Banking
Report: Wells Fargo Sues JPMorgan Chase Over Commercial Real Estate Loan
March 10, 2025

Wells Fargo reportedly sued JPMorgan Chase on Monday (March 10), alleging that the bank knowingly made a loan based on faulty numbers, knowing that the loan would later be sold off in pieces to investors. Get the Full Story Complete the form to unlock this...

Artificial Intelligence
Silicon Valley Startup Inception Labs Creates Faster LLM
March 10, 2025

A Silicon Valley startup founded by professors from Stanford, UCLA and Cornell has created a new type of large language model that they say is faster, cheaper and higher quality than existing models. Get the Full Story Complete the form to unlock this article and...

Artificial Intelligence
FIS Introduces ‘Treasury GPT’ in Conjunction With Microsoft AI
March 10, 2025

Financial technology firm FIS has introduced a new AI-powered offering for treasurers. 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...

B2B Payments
B2B Payments Are Being Remade in Gen Z’s Image
March 10, 2025

Here’s a wake-up call for B2B firms: Generation Z decision makers rising through the business ranks want their B2B purchasing decisions and experiences to be as seamless, and as digital, as possible. Get the Full Story Complete the form to unlock this article and enjoy...