News

Retail
LVMH Sees Strong Growth With Kohl’s-Sephora Partnership 
January 25, 2024

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...

News
New X Passkey Feature Signals Ongoing Shift to Passwordless Future
January 25, 2024

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...

eCommerce
Gen Z Consumers Are D2C Brands’ Best Customers
January 25, 2024

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,...

B2B Payments
Trustmi Launches Sarbanes-Oxley Compliance Solution for Business Payments
January 25, 2024

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...

Artificial Intelligence
OpenAI Unveils New Models and Lower Price
January 25, 2024

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...

Artificial Intelligence
FTC Probes Big Tech and GenAI Partnerships’ Impact on Competition
January 25, 2024

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...

Retail
PayPal Rolls Out One-Click Checkout, Personalized Offers and ‘Smart Receipt’ Features
January 25, 2024

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...

Artificial Intelligence
Google Cloud, Hugging Face Partner on AI Development
January 25, 2024

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,...

B2B Payments
Toward 2030: How Ecosystem Offerings Will Transform Trade Finance’s Future
January 25, 2024

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...