News

Retail
More Than Half of Consumers Want Smarter Shopping Experiences
November 07, 2024

Consumer expectations around shopping are changing, with higher demand for personalized, artificial intelligence (AI)-driven experiences that offer convenience, customization and efficiency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cross-border Payments
Ant International and OCBC Partner on Tokenized Cross-Border Payments
November 06, 2024

FinTech Ant International and Singapore bank OCBC are collaborating to enhance cross-border fund settlements. 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
Anthropic Pushes for Regulations as Britain Launches AI Testing Platform 
November 06, 2024

The U.K. government unveiled a standardized digital platform for AI safety verification this week, projecting a 6.5 billion-pound market by 2035, while AI developer Anthropic warned that governments have just 18 months to implement effective regulation before risks escalate. The calls for swift oversight come...

Cross-border Payments
Alipay+ and PayPay Expand Partnership for Cross-Border Payments in Japan
November 06, 2024

PayPay, a QR payments operator in Japan, is expanding its partnership with Alipay+ to widen its merchant coverage network across Japan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
UK Launching Platform to Boost Business Trust in AI
November 06, 2024

The U.K. is providing a platform to help businesses assess and mitigate the risks associated with artificial intelligence (AI) as its use becomes more widespread. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
AI Startup Lands $400 Million to Make Robots Handle Objects More Like Humans
November 06, 2024

With a fresh infusion of $400 million from Jeff Bezos and other investors, startup Physical Intelligence aims to give robots a human’s delicate touch, promising to reshape how businesses handle objects in warehouses and stores. Get the Full Story Complete the form to unlock this...

Payments Innovation
Matera CEO Thinks US Banks Should Take a Page From Brazil’s Success With Pix and...
November 06, 2024

Digital transformation for banks and credit unions in the U.S. is ripe with opportunities, some of which can strengthen customer relationships in ways that only a few years ago would have been scarcely imaginable. With the help of artificial intelligence (AI), direct connections and instant...

Artificial Intelligence
AI Startup Perplexity Set to Reach $9 Billion Valuation
November 05, 2024

Perplexity, an artificial intelligence (AI)-powered search engine, is set to triple its valuation from a few months ago following its latest funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Malls Making a Comeback? Simon Property Group Says They Are
November 05, 2024

The mall, once seen as a relic of a bygone retail era, is once again gaining relevance — especially as younger consumers rediscover its value, according to David Simon, CEO of real estate investment trust Simon Property Group. Get the Full Story Complete the form to...