Artificial Intelligence
Salesforce to Launch AI Agents and Cloud-Based POS for Retailers
January 10, 2025

Salesforce is set to release two new artificial intelligence-powered tools for retailers. 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...

Money Mobility
From Payments to New Accounts: The New Money Mobility Ecosystem Explained
January 10, 2025

Characterized by a complex network of banks, FinTechs and technology providers, the modern money mobility ecosystem makes access to money faster and more efficient — and more accessible. At the same time, it creates new ways for service providers to innovate financial services and strengthen...

Loyalty & Rewards
How Consumers Decide What Card Is Their Top of Wallet Go-To
January 10, 2025

Credit card issuers want to know how they can win that coveted top-of-wallet spot. One powerful strategy for cementing customer loyalty is encouraging engagement with card-linked offers. Many cardholders recognize that earning and redeeming rewards is a benefit of using a credit card for everyday...

Payments Innovation
46% of US Consumers Show Interest in Open Banking for Bill Pay
January 10, 2025

In the modern business landscape, adopting open payments platforms is no longer optional; it’s a necessity. 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...

Fintech Investments
Janover’s 123% Leap and Robinhood’s Upgrades Lead FinTech IPO Index Higher
January 10, 2025

The first few trading days of 2025 saw the FinTech IPO Index log a 1.2% gain — where one notable triple-digit surge led the pack. Overall, however, a spate of declining names blunted the momentum of the Index as a whole. Get the Full Story...

artificial intelligence
Elon Musk Startup xAI Launches App Offering Access to Grok Chatbot
January 09, 2025

Elon Musk’s artificial intelligence (AI) startup xAI has launched a stand-alone consumer app called Grok that offers access to the company’s chatbot of the same name. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Macy’s Announces First 66 ‘Underproductive Stores’ It Will Close
January 09, 2025

Macy’s said Thursday (Jan. 9) that it will close 66 store locations as part of the Bold New Chapter strategy it announced in February. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
Latest Inventory Data Offers Mixed Signals for Merchants
January 09, 2025

The latest government data on inventories moving through the channels offered up mixed signals for merchants, particularly for nondiscretionary items — or at least that was the case moving into the holiday season. Get the Full Story Complete the form to unlock this article and enjoy...

Personnel
Report: JPMorgan Veteran Ed Olebe to Lead Wells Fargo’s Credit Card Business
January 09, 2025

Wells Fargo has reportedly hired the former head of JPMorgan Chase’s branded credit card business, Ed Olebe, to lead its own credit card business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...