News

Artificial Intelligence
Divided FTC Refers Complaint Against Snap’s AI Chatbot to Justice Department
January 16, 2025

The Federal Trade Commission (FTC) said Thursday (Jan. 16) that it referred a complaint against Snapchat operator Snap to the Department of Justice. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
Report: ChatGPT Plus Has Top Retention Rate Among AI Subscription Services
January 16, 2025

ChatGPT Plus is reportedly the artificial intelligence (AI) subscription service that retains the highest percentage of paying customers after six months. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Amazon Launches Retail Ad Service to Compete With Walmart Connect
January 16, 2025

Amazon has launched its Retail Ad Service, a new platform designed to help retailers easily incorporate targeted advertising into their digital storefronts. Powered by Amazon Web Services (AWS), the service allows retailers to display ads on product, search and browse pages, while purchases are completed...

Investments
1Money Raises $20 Million to Launch Network for Stablecoin Payments
January 16, 2025

1Money emerged from stealth Thursday (Jan. 16), saying it raised over $20 million in seed capital and is developing Layer 1 protocol purpose-built for stablecoin payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
This Week in B2B: Navigating the Twin Challenges of Innovation and Risk
January 16, 2025

In today’s business landscape, a paradox is taking shape. As innovation accelerates, fueled by advancements in technology and shifting market dynamics, the challenges to embrace and implement these changes are mounting. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

News
Swap and Avalara Team to Promote Cross-Border eCommerce Compliance
January 16, 2025

eCommerce operating system Swap has launched a partnership with tax compliance automation software maker Avalara. 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,...

Artificial Intelligence
AI Models and Tools Update: ChatGPT’s Tasks, Adobe’s Bulk Edit
January 16, 2025

OpenAI’s ChatGPT is becoming the little engine that could. Its latest capability: Letting users schedule tasks for a later, or recurring, date. Scheduled tasks is rolling out in beta for users of ChatGPT Plus, Pro and Teams. Enterprise users will get access soon; free users...

Retail
Retail and Food Services Sales Grow 3.9% YOY in December
January 16, 2025

Retail and food services sales in the United States grew in December. 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
How Tech Procurement Pitfalls Sank UK Government’s Innovation Goals
January 16, 2025

While innovative business solutions dominate headlines, the behind-the-scenes decisions that power these innovations, specifically in tech procurement, often go unexamined. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....