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Retail
Retailers Say They’re Drowning Under Post-Holiday Return Surge
January 06, 2025

The surge in online shopping and practices like “bracketing”— ordering multiple sizes or variations with the intent to return unwanted items — has significantly increased return volumes, posing logistical and financial challenges for retailers, according to Hannah Bravo, CEO at Loop Returns. Get the Full...

Retail
Salesforce: 28% Uptick in Returns Could Dampen Record Holiday Spending
January 06, 2025

Artificial intelligence (AI) helped holiday sales reach record levels this year, new Salesforce data shows. 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
Sam Altman: OpenAI’s New Model Passes AGI Threshold
January 06, 2025

OpenAI CEO Sam Altman says “AGI” (artificial general intelligence) has “become a very sloppy term.” 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,...

Fintech Investments
FinTech Ad Spending Climbs 45% in Last 3 Years
January 05, 2025

FinTechs are reportedly boosting marketing in bigger cities to attract a wider customer base. 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...

IPO
Wall Street Reportedly Prepping Private Equity-Fueled IPO Revival
January 05, 2025

Will 2025 bring about a revival in the initial public offering (IPO) market? 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....

Retail
‘Returnuary’ Highlights the Brilliant and Bizarre of Holiday Retail Regret
January 04, 2025

The holiday season is the golden quarter for eCommerce, where businesses pull out all the stops to maximize sales. Yet, as the festive glow dims in January, a challenge of equal magnitude looms above the retail landscape: the holiday returns season. Get the Full Story...

Point of Sale
 Surge in Brick-and-Mortar Commerce Will Spur POS Innovation
January 03, 2025

Call it a renaissance for brick-and-mortar commerce. 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, you agree...

Artificial Intelligence
Enterprise AI Emerges as Force in Business Process Automation
January 03, 2025

Behind the scenes, the finance function — and all of its spreadsheets, manual processes, and legacy systems — is undergoing a seismic shift. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
Microsoft to Invest $80 Billion in AI-Focused Data Centers Amid ‘Golden Opportunity’
January 03, 2025

Microsoft plans to invest $80 billion to build data centers in fiscal 2025, aiming to use them to power the development and use of artificial intelligence (AI). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...