News

Artificial Intelligence
Nvidia, Snowflake and BEN Ride AI Surge in Q3
November 21, 2024

Nvidia reported Q3 revenue of $35.1 billion, up 94% from last year with data center sales reaching $30.8 billion. Fellow tech firms showed mixed results, with Snowflake growing 29% to $900 million in revenue, while artificial intelligence (AI) startup BEN recorded $50,000 in its first...

News
FTC Refunds $1.9 Million to Victims of Credit Bureau Center Scam
November 21, 2024

The FTC is refunding $1.9 million to victims of a “free” credit report scam. 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...

Banking
Brazilian Banks Improve Profitability, Led by Digital Players
November 21, 2024

Digital banks reportedly led Brazilian banks’ profitability improvements during the first half of the year. 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...

Retail
Amazon vs Walmart Holiday Battle May Come Down to Loyalty Programs
November 21, 2024

As the holiday shopping season approaches, the competition between retail giants Walmart and Amazon intensifies, shaping the eCommerce landscape. Both companies have established themselves as formidable players, offering extensive product assortments, competitive pricing and efficient logistics networks that ensure quick delivery. This rivalry is particularly...

B2B Payments
Mastercard and Fundbot Team to Speed B2B Payment Flows
November 21, 2024

Mastercard has joined forces with Fundbot, a United Arab Emirates (UAE)-based supply chain financing FinTech. 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
App Provider Rankings: Ulta Beauty Revamps Digital Strategy to Boost Engagement
November 21, 2024

With the shopping season upon us, PYMNTS’ App Provider Rankings take a peek into shopping apps. And what we found were some strategies paying dividends in retail app usage and access. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

News
Lightning AI Raises $50 Million for PyTorch Artificial Intelligence Framework
November 21, 2024

Artificial intelligence (AI) development platform Lightning AI has obtained a $50 million equity investment. 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...

Artificial Intelligence
Intuit Adds Generative AI-Powered Financial Assistant to QuickBooks
November 21, 2024

Intuit has added a generative artificial intelligence (AI)-powered financial assistant to QuickBooks. 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...

Retail
Instacart CEO Focuses on Grocery Partnerships as Firm’s Value Drops
November 21, 2024

Instacart’s CEO is focusing on grocery partnerships amid investor skepticism. 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 this form,...