News

Banking
Capturing the US Family Dynamic Will Power Open Banking’s Future
June 21, 2024

Without education, awareness, or utility, any innovation will find it hard to scale. 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....

Retail
Amazon and Walmart Court Zillennials’ Loyalty With Sustainability Initiatives
June 21, 2024

As Amazon and Walmart look to secure the affinity of young consumers whose spending power is on the rise, the two retail giants are looking for new ways to meet Zillennials’ demand for more sustainable practices. Get the Full Story Complete the form to unlock...

Banking
Thredd CEO Counts on Regulators to Address Vulnerabilities of Banking as a Service
June 21, 2024

The relationships between FinTechs, banks and neobanks has been placed under a harsh spotlight with the recent revelations around the Synapse bankruptcy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Fintech Investments
FinTech IPO Index Slips 2.1% With Sezzle Balancing the Scales
June 21, 2024

The holiday-shortened week saw the FinTech IPO Index slip 2.1%. 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...

IPO
Acorns Will ‘Likely’ Go Public, CEO Noah Kerner Says
June 20, 2024

Investing and checking accounts app Acorns reportedly expects to launch an initial public offering (IPO), possibly sometime in the next couple of years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
Target Pilots GenAI-Powered Chatbot Designed for Store Staffers
June 20, 2024

Target is piloting a generative artificial intelligence (AI)-powered chatbot that answers store staffers’ questions about on-the-job processes. 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...

Retail
LTK Adds Automatic Direct Message Tool to Creator Commerce Platform
June 20, 2024

LTK has enhanced its Creator Commerce platform with a new automatic direct message (DM) tool that makes it easier for creators to share the shopping details of their Instagram posts with their community. Get the Full Story Complete the form to unlock this article and...

Artificial Intelligence
AI Money: Nvidia Soars, Oracle Invests $1B in Spain
June 20, 2024

In a week of seismic shifts in the tech industry, Nvidia has claimed the title of world’s most valuable company, surpassing a $3 trillion market cap on the back of soaring artificial intelligence (AI) demand, while Oracle announced a $1 billion investment in Spanish cloud...

Artificial Intelligence
Materia Exits Stealth, Launches GenAI Platform for Public Accounting Firms
June 20, 2024

Materia has come out of stealth with over $6.3 million in funding, launching a generative artificial intelligence (AI) platform built specifically for public accounting firms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...