Sezzle notched its first billion‑dollar quarter in Q3 and said it is steering back to its subscription model after a monthslong test of an On‑Demand option that diluted lifetime value. Marketing shifted mid-quarter to emphasize subscriptions, and subscriber counts rebounded to about 568,000 by Sept. 30, management...
DoorDash plans to invest “several hundred million dollars more” in its platform and initiatives in 2026 than it did in 2025, the company said in a Wednesday (Nov. 5) earnings release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
A digital turf war is erupting between Amazon and Perplexity AI, marking the first major legal test over whether an autonomous artificial intelligence agent has the right to act as a shopper on an eCommerce platform. Get the Full Story Complete the form to unlock...
OpenAI Chief Financial Officer Sarah Friar said Wednesday (Nov. 5) that the company is working on a multimodal device and that the firm wants a federal guarantee that would lower the cost of financing investments in artificial intelligence chips. Get the Full Story Complete the...
Simply staying the course in today’s operating environment takes equal parts resilience and reinvention. That goes double for the FinTech sector, which is still recalibrating from its scale-chasing, zero-interest-rate years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Amazon has reportedly raised prices more than Target and Walmart this year, possibly due to the impact of tariffs on the platform’s marketplace sellers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
A bill that is set to be introduced in the Senate would require major companies and federal agencies to report artificial intelligence-related layoffs, hires, job displacements, retraining and other job effects to the Department of Labor (DOL). Get the Full Story Complete the form to...
LendingClub has partnered with Wisetack as it expands into the home improvement financing market. 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...
The technology landscape for banks is shifting fast, and Bank of America CEO Brian Moynihan said the firm’s response is to build for both scale and intelligence. Speaking at the bank’s investor day on Nov. 5, he said decades of steady digital investment have created...
