News

Cross-border Payments
TerraPay Forms Wallet Interoperability Pact for Cross-Border Payments
August 20, 2024

Global money movement company TerraPay and five digital wallet operators teamed up to facilitate cross-border payments and money movement. 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...

Retail
eCommerce Now 15.2% of Retail Sales as Growth Slows
August 19, 2024

If there’s been a buzzword through the past few weeks, called out during earnings commentary and in presentation decks, it’s been this: Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Artificial Intelligence
California’s AI Bill: A Silicon Valley Showdown
August 19, 2024

California’s ambitious attempt to regulate large-scale artificial intelligence (AI) systems is advancing through the State Legislature, but only with significant modifications and intense debate within the tech industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
3 Tips for Choosing the Right B2B Payment Method From Industry Execs
August 19, 2024

Persistence should be rewarded. 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 to receive marketing...

Retail
IKEA Says AI-Powered Warehouse Drones Will Improve the Retail Shopping Experience
August 19, 2024

Forget Allen wrenches and wordless instructions. IKEA’s latest innovation comes with propellers and algorithms. 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...

Payment Methods
Citi to Offer Network International Omnichannel Payment Acceptance Solutions
August 19, 2024

Citi and Network International have formed a referral agreement in which Network will provide omnichannel payment acceptance solutions to the bank’s large enterprise customers across the Middle East and Africa (MEA). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
LVMH Founder Bernard Arnault’s Family Firm Invests in AI Companies
August 19, 2024

Bernard Arnault, founder and CEO of luxury goods company LVMH and the fourth-richest person in the world, has reportedly made several investments in artificial intelligence (AI) companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Mango and Farm Rio: Targeting US Consumers With Global Appeal and Local Relevance
August 19, 2024

In the competitive arena of international fashion, Mango and Farm Rio are each pursuing distinct strategies to capture the U.S. consumer market. Both brands, hailing from different points on the globe — Mango from Barcelona and Farm Rio from Rio de Janeiro — are leveraging...

Artificial Intelligence
AI Explained: Emotion AI Tries to Interpret Human Feelings
August 19, 2024

In an era where artificial intelligence is reshaping industries and daily life, a new frontier is emerging: Emotion AI, also known as affective computing. This technology aims to bridge the gap between human emotions and machine intelligence, changing how we interact with computers and digital...