News

Artificial Intelligence
Nasdaq Turns to AI to Improve Bank and Insurance Risk Assessment
October 17, 2024

Nasdaq has introduced technology to calculate investment portfolio risk using machine learning. 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...

Retail
Retailers Rethink Policies as Returns Fraud Spikes Everywhere
October 17, 2024

Returns fraud is a growing global issue, costing retailers billions annually. Recent estimates suggest that fraudulent returns account for up to 13% of total returns in the U.S., significantly impacting profit margins. With the rise of eCommerce, the potential for abuse has expanded, prompting brands...

Artificial Intelligence
US Treasury: AI Helped Recover and Prevent $4 Billion-Plus in Fraud
October 17, 2024

The U.S. Treasury Department said artificial intelligence (AI) has helped fuel a fraud/improper payments recovery. 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,...

Payment Methods
Worldline Launches Pay by Bank for High-Value Transactions in Europe
October 17, 2024

Worldline launched a new pay-by-bank payment method that caters to businesses that handle high-value transactions. 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
Adobe AI Video Tools and Others Aim at Streamlining Corporate Media Content Creation
October 17, 2024

Artificial intelligence (AI) video tools, including Adobe’s latest release, are transforming corporate media by enabling rapid, low-cost custom content creation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Payment Methods
Early Warning: Zelle Transaction Volume Rose 27% in First Half
October 17, 2024

The Zelle person-to-person (P2P) payments network continued growing in the first half of the year. 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,...

Retail
Aldi Expansion Continues Amid Thanksgiving Discount Rollout
October 17, 2024

Aldi’s latest expansion efforts have it literally in Walmart and Target’s backyards. 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...

Retail
Ulta Aims for 50 Million Loyalty Members and 200 New Stores
October 17, 2024

Ulta Beauty plans to open 200 new stores as part of a long-term strategy announced this week. 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...

Artificial Intelligence
AI Boom Drives Record Revenues and Funding Across Tech Sector
October 17, 2024

Artificial intelligence is fueling explosive growth in the tech industry, with companies from chip manufacturers to security startups reporting soaring revenues and attracting significant investment. Taiwan Semiconductor Manufacturing Co. posted a 54% jump in quarterly profits on strong AI chip demand, while AI security firm...