News

Retail
Sam’s Club Prepares to Open First All-Digital Store
October 07, 2024

Sam’s Club is reportedly preparing to launch its first store without checkout lanes. 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...

Investments
Zepz Raises $267 Million to Grow Global Cross-Border Remittance Solutions
October 07, 2024

Zepz has raised $267 million in a Series F funding round to continue growing its global cross-border remittance solutions, WorldRemit and Sendwave. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Artificial Intelligence
AI Explained: Transformer Models Decode Human Language
October 07, 2024

Transformer models are changing how businesses interact with customers, analyze markets and streamline operations by mastering the intricacies of human language. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Point of Sale
71% of Merchants Expect Software to Replace Traditional Point-of-Sale Terminals
October 07, 2024

As digital payment technology evolves, software point-of-sale (SoftPOS) solutions are emerging as a transformative force in payments. With the potential to democratize payment acceptance, SoftPOS is set to revolutionize how merchants — both small and large — conduct transactions. Get the Full Story Complete the...

Retail
Rite Aid CMO Says ‘Data Is Our Best Friend Right Now’
October 07, 2024

Data, in the right hands, can be a business leader’s magic wand. 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...

B2B Payments
Exclusive Interview: B2B Payments Aren’t Boring Anymore: Here Are 8 Reasons Why
October 07, 2024

We’re approaching the mid-point of the decade — and it’s much more than an interesting calendar event. We’ve seen a complete transformation of payments over the past five years, from the pandemic in 2020 and its digital shift to the current focus on security, account-to-account...

Banking
Big Banks Joust With Neobanks for Lower-Income Consumer Accounts
October 04, 2024

There’s a commonality in financial services — for brick-and-mortar players and for several FinTechs, though the approach may differ: Serving the needs of lower-income households. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
White House Issues Guidance for Federal Agencies’ Procurement of AI
October 04, 2024

The Office of Management and Budget (OMB) has released guidance to help federal agencies manage risk and performance when procuring commercially provided artificial intelligence (AI) products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Artificial Intelligence
Meta to Add New AI-Powered Video Generation Capabilities to Apps
October 04, 2024

Meta has unveiled generative artificial intelligence (AI) research that shows how simple text inputs can be used to create custom videos and sounds and edit existing videos. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...