News

Retail
Nike Faces Headwinds: Revenue Decline Looms Ahead of Tuesday’s Earnings
September 30, 2024

As Nike prepares to report earnings for the first quarter of fiscal 2025 Tuesday (Oct. 1), the company faces significant hurdles marked by a leadership transition and shifting market dynamics. Elliott Hill will take over as CEO from John Donahoe  on Oct. 13, a move...

Retail
CVS Cuts 2,900 Corporate Jobs Amid Hedge Fund Pressure
September 30, 2024

CVS Health is reportedly meeting with a top investor on ways to enhance 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,...

Wearables
Meta Says It’s Solving AR Experiences — Who Will Solve AR Payments?
September 30, 2024

Will consumers one day wear commerce on their faces? 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 this form,...

Investments
OpenAI Reportedly Slated for $500 Million SoftBank Investment
September 30, 2024

Japan’s SoftBank is reportedly planning to invest in OpenAI’s multi-billion dollar funding round. 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....

Security & Fraud
New Approaches to Fraud Prevention Needed as Card Issuance Ecosystem Expands
September 30, 2024

The expanding ecosystem of card issuance demands a new approach to defending against fraud as criminals become more sophisticated and employ advanced technologies to steal card data or hide behind synthetic identities. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Simon Wants Gen Z to Heed Call of the Mall
September 30, 2024

Mall giant Simon Property Group has launched an advertising campaign aimed at younger consumers. 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...

B2B Payments
3 Reasons B2B Payments Data Is So Valuable
September 30, 2024

In a digital-first B2B landscape, data is more than just numbers — it’s a secret weapon. 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...

Artificial Intelligence
AI Explained: The Hidden Fuel Powering AI’s Language Revolution
September 30, 2024

In data centers worldwide, trillions of words sit ready to teach machines how to talk. 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,...

Investments
Food Delivery Platform HungryPanda Raises $55 Million to Fuel US Expansion
September 30, 2024

HungryPanda raised $55 million to help expand its Asian food delivery service in the United States. 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...