News

IPO
Chime Plans to Launch IPO in US in 2025
March 22, 2024

Chime Financial reportedly plans to launch its initial public offering (IPO) in 2025. 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
This Week in AI: Human-Like Reasoning, Robots and Open Source
March 22, 2024

This week in artificial intelligence (AI) news, a new technique, “Quiet-STaR,” teaches AI to think and chat more like humans by considering various ideas before answering, improving how we interact with technology. Significant investments in AI, including Nvidia’s robot project, GR00T, are rapidly advancing AI’s...

Retail
Kroger Offloading Specialty Pharmacy Suggests Sometimes Less Is More
March 22, 2024

With Kroger selling off its specialty pharmacy business, it seems that retailers’ efforts to pack more and more into their stores may not always be the right move. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Artificial Intelligence
AI Revolutionizes Home Design With Instant, Innovative Solutions
March 22, 2024

A new artificial intelligence program that can design a house in seconds shows how technology is transforming the way we envision and create our living spaces. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Shoppers Still Buying New Clothes Despite Budget Pressures
March 22, 2024

As consumers’ budgetary pressures prompt many to cut back on nonessential purchases, PYMNTS Intelligence research finds that shoppers still splurge on the clothing they want. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Payments Innovation
The Cost of Legacy Payments in Light of Innovation’s ROI 
March 22, 2024

Innovation, particularly within financial services and payments, tends to be centered around speed, cost efficiency and transparency. 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...

Social Commerce
Social Apps Race to Monetize Shoppable Commerce Opportunity
March 22, 2024

As contextual commerce transforms online shopping, social media platforms are seizing the opportunity to integrate purchasing into their platforms. 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...

Banking
Bank Regulators Worry About Merger Systemic Risks, Banks About Fraud
March 22, 2024

Michael Hsu, acting comptroller of the currency at the Office of the Comptroller of the Currency (OCC), recently voiced support for a new proposal by Federal Deposit Insurance Corp. (FDIC) to apply additional scrutiny when reviewing bank mergers that will result in combined assets that exceed $100 billion.  Get the Full...

Artificial Intelligence
Report: Apple Considers Adding Baidu’s GenAI to Devices in China
March 22, 2024

Apple is reportedly in preliminary talks with Chinese tech giant Baidu, exploring a potential partnership to use Baidu’s generative artificial intelligence technology for Apple devices in China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...