At the core of any firm’s success is customer lifetime value (CLTV), defined for issuers as the total revenue a cardholder generates over their entire relationship with an issuer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Dollar General’s same-store sales increased 2.4% and its financial results exceeded internal expectations in the quarter ended May 2, as higher-income consumers came to its stores in search of value. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Perplexity AI, once a scrappy startup in the shadow of OpenAI and Google, is gaining traction in the generative artificial intelligence (GenAI) race. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Auto sales reportedly returned to a normal level in May after spiking for two months when consumers sought to make purchases before new tariffs set in. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
One Inc, a digital payments network for the insurance industry, announced Tuesday (June 3) the launch of its advanced 835 Electronic Remittance Advice (ERA) solution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
When a shopper whips out their credit card to buy something online, they can feel a lingering worry: Will my card number get stolen by hackers or otherwise misused? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
CVS Health reportedly plans to invest $20 billion over the next 10 years to build a “tech-enabled consumer health experience” that will encompass the company, its vertically integrated businesses, and other companies, including competitors, who want to join. Get the Full Story Complete the form...
The “One Beautiful Bill” that’s made its way through the House and now is up for debate (and possible changes) in the Senate will have a significant impact on the remittance industry — and perhaps some unintended consequences. Get the Full Story Complete the form...
OpenAI reportedly plans to turn ChatGPT into a “super-assistant” that is personalized to each user and available to them via the chatbot’s website, the company’s native apps, phone, email and third-party resources like Apple’s Siri. Get the Full Story Complete the form to unlock this...