News

Banking
SVB UK New Owner: We’re Still in the Startup Business
June 07, 2023

Silicon Valley Bank (SVB) UK’s new owner says the lender hasn’t lost its pro-startup philosophy. 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,...

Artificial Intelligence
Voice Assistants Like Alexa Give Consumers Everyday Look at Power of Large Language Models
June 07, 2023

The power of voice artificial intelligence (AI) is echoing through boardrooms, living rooms and showrooms, driven by a combination of wonder, convenience and a dash of paranoia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Stitch Fix Looks to Exit UK and Cut Back US Distribution
June 07, 2023

Stitch Fix is considering withdrawing from the British market as it rethinks its business. 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....

Banking
Report: Barclays Explores Payments Business Revamp
June 07, 2023

U.K. banking giant Barclays is reportedly considering major changes to its payments operations. 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...

Retail
Lululemon, Abercrombie & Fitch Thrive on Elevated Comfort Trend
June 07, 2023

The fashion landscape has experienced an interesting transformation, breaking free from its association with discomfort and (as grim as this sounds) sacrifice.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Victoria’s Secret’s Relevancy Bid Leads to Expanded Partnership With Amazon  
June 07, 2023

In its continued bid for relevancy, Victoria’s Secret has expanded its range of apparel on Amazon following a successful launch.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

News
Australia Wants to End Check Payments by Decade’s End
June 07, 2023

The age of the paper check is coming to an end in Australia. 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....

B2B Payments
New AI Tools Mean Finance Teams Can Fine-Tune Company Engine
June 06, 2023

The path to the chief financial officer seat is getting wider as the role’s responsibilities transform. 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...

Retail
Despite eCommerce Push, 87% of Grocery Transactions Occur in Stores
June 06, 2023

For all grocers’ efforts, their shoppers continue to favor brick-and-mortar channels by a huge margin, new PYMNTS research finds. 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...