Luxury goods giant LVMH, best known for brands like Louis Vuitton, Dior and Tiffany, reported a 10% surge in sales for the fourth quarter on Thursday (Jan. 25), outpacing the previous quarter. The momentum was fueled by robust demand, notably from Chinese consumers, who favored...
The emergence of all-in-one apps promises unparalleled convenience, offering users a one-stop solution for various needs. From managing finances to staying connected with friends, these multifaceted applications aim to streamline daily activities, promising a more integrated and efficient experience for users. Get the Full Story...
When it comes to buying directly from brands, Generation Z is ahead of the curve. 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,...
Trustmi introduced its Sarbanes-Oxley (SOX) Compliance solution for business payments. 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...
OpenAI introduced several additions to its artificial intelligence models and services. 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...
The Federal Trade Commission has begun an inquiry into investments and partnerships in the generative artificial intelligence sector. 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...
PayPal is introducing what it terms a “reimagined checkout experience” that will reduce checkout times by as much as 50%. In addition, it’s using artificial intelligence (AI) to craft personalized recommendations to consumers and has also announced cash-back offerings that CEO Alex Chriss said will...
Months after investing in Hugging Face, Google has launched a partnership with the artificial intelligence (AI) firm. 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,...
Across the typically staid area of trade finance, despite the importance of trade finance products and services to global trade growth and economic development, decades of paper-based processes, regulatory mismatches and monolithic financial infrastructures have historically stymied innovation. Get the Full Story Complete the form...