News

News
This Week in AI: From Meta’s Ads to Apple’s Mobile Makeover, Big Tech Bets Big...
August 02, 2024

Industry giants are going all-in on artificial intelligence (AI), with Meta, Apple and Nvidia leading the charge. As the FTC ramps up oversight and ethical concerns loom, these companies are racing to integrate AI into everything from advertising and mobile commerce to humanoid robots, promising...

Investments
Investors Increasingly Skeptical That AI Opportunities Outweigh High Costs
August 02, 2024

Big Tech companies’ efforts around artificial intelligence (AI) are reportedly getting a largely negative reception on Wall Street. 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
Online Fashion Retailer Revolve Considers Adding More Brick-and-Mortar Stores
August 02, 2024

Online fashion retailer Revolve Group is reportedly looking at opening more brick-and-mortar stores in luxury destinations after opening its first such store in Aspen, Colorado, in June. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Walmart and Amazon Step Up the Race for Digital Ad Spending
August 02, 2024

As Walmart and Amazon look to boost their margins through digital media sales, the two retail giants are sweetening the deal for potential advertisers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Fintech Investments
FinTech IPO Index Loses 5% as NerdWallet and Lemonade Slip on Earnings
August 02, 2024

Earnings season’s in full swing and proved to be less than kind to the FinTech IPO Index, which gave up 5%. Double digit declines on the heels of various quarterly reports proved to be common through the last several sessions. Get the Full Story Complete...

Artificial Intelligence
Microsoft Places OpenAI on List of AI/Search Rivals
August 01, 2024

Microsoft and artificial intelligence (AI) startup OpenAI are often referred to as partners. 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....

Loyalty & Rewards
Rewards Drive Mobile Wallet Use for One-Third of eCommerce Shoppers
August 01, 2024

Rewards are a stronger draw for digital wallet users shopping via digital channels than those making purchases in person. 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...

Artificial Intelligence
AI Tackles Back-Office Paperwork
August 01, 2024

The landscape of business-to-business (B2B) sales is transforming as artificial intelligence (AI) makes inroads into the industry. Sybill, a startup that recently secured $11 million in Series A funding to develop an AI assistant for sales representatives, exemplifies this shift. Get the Full Story Complete...

Payments Innovation
Tokenization’s Rise Offers New Ways to Monetize Data and Real World Assets
August 01, 2024

The concept behind tokenization is simple. 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...