News

Retail
Retailers Embrace Immersive Storytelling to Woo Fickle Consumers
July 25, 2023

U.K. retail sales rose 0.7% in June, building on the modest 0.1% rise in May. But in the U.S., there is concern about tepid consumer spending that could result in an accumulation of inventory on merchants’ shelves. Get the Full Story Complete the form to...

Retail
Brands Look to AR for a New Face for Shopping
July 25, 2023

During the pandemic, traditional work environments underwent a transformation into virtual settings, pushing retailers to explore inventive methods to maintain relevance and strong connections with their consumers. This need for innovation persists even today, driving retailers to seek new avenues to engage and connect with...

B2B Payments
Salesforce Says the Future of B2B Commerce Is Being Powered by AI Decisioning
July 25, 2023

Customer touchpoints are increasingly coming alive with the help of innovations like artificial intelligence (AI). 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,...

Regulation
What’s Missing from America’s AI Safety Pledge? Any Mention of EU 
July 24, 2023

The U.S. has historically regulated technical innovations sector by sector, rather than by overall capability. 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,...

Banking
Regional Banks Cut Back on Lending to Preserve Capital
July 24, 2023

Regional banks across the United States are reportedly deciding to cut back on lending in order to preserve capital and improve margins. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
FDIC Warns Banks Over Estimated Uninsured Deposit Inaccuracies
July 24, 2023

The Federal Deposit Insurance Corporation (FDIC) said some banks have been incorrectly reporting their estimated uninsured deposits. 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,...

Social Commerce
Twitter’s Iconic Blue Bird Logo Replaced With ‘X’
July 24, 2023

On Monday (July 24), Twitter officially pulled the trigger on an ambitious rebranding effort spearheaded by its multibillionaire owner, Elon Musk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
IRS Reduces Unannounced Visits Due to Increased Security Concerns
July 24, 2023

Unannounced visits by IRS revenue officers will be replaced with mailed letters to schedule meetings, except in a few unique circumstances. 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...

Social Commerce
YouTube Presents Contextual Commerce Opportunity for Food Brands 
July 24, 2023

Among consumers who make purchases from social media, PYMNTS research shows, food and beverage shoppers disproportionately turn to YouTube to find inspiration and products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...