News

IPO
Reddit Pushed by Investors to Seek $5 Billion IPO Valuation
January 28, 2024

Reddit’s potential investors reportedly want the company to seek a $5 billion IPO valuation. 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
Venus et Fleur Pitches Flowers as Valentine’s Day Investments 
January 27, 2024

Valentine’s Day has long been associated with the exchange of thoughtful gifts, and few tokens of affection are as iconic as a bouquet of flowers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Proof Technology Raises $30.4 Million to Grow Litigation Services Platform
January 26, 2024

Proof Technology has secured $30.4 million in Series B funding to advance its online litigation services marketplace. 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...

Security & Fraud
White House Mulls Requiring Cloud-Computing Companies to Disclose Customers
January 26, 2024

The Biden administration is reportedly set to propose new requirements for cloud computing companies in an effort to enhance security and protect sensitive data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
AI Startup Sierra Aims to Raise $85 Million to Tackle Business ‘Problems’
January 26, 2024

Sierra, an enterprise-focused AI startup co-founded by OpenAI Chairman Bret Taylor and former Google executive Clay Bavor, is reportedly on the verge of achieving unicorn status with a new investment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cross-border Payments
Airbnb to Raise Guest Service Fees 2% for Cross-Currency Bookings
January 26, 2024

Airbnb will add about 2% to its guest service fees when guests pay with a currency different from the one set by the host in their listing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

eCommerce
Tech Providers Add ‘Buy Button’ Features to Win Subscription Merchants’ Spending
January 26, 2024

With subscription companies seeking more frictionless ways to drive conversion, tech giants are looking to capture the opportunity, offering one-click solutions and other quicker, easier options. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
eCommerce Firms Use Advanced Screening Tools to Combat Tech-Driven Fraud
January 26, 2024

eCommerce firms are grappling with the widespread impact of fraud, and according to PYMNTS Intelligence research, more than 80% encountered true fraud — verified instances of fraudulent activities, not just suspected cases or false positives — in the past year. Get the Full Story Complete...

Artificial Intelligence
This Week in AI: FTC, Partnerships and Enterprise Deployments
January 26, 2024

Generative artificial intelligence tends to grow in leaps and bounds. 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...