News

Artificial Intelligence
This Week in AI: Anthropic Goes to iPhone, AI Programming, Europe’s Rise
May 03, 2024

This week in artificial intelligence, Anthropic is launching its first smartphone app. In computer programming, AI is rapidly reshaping practices from Silicon Valley to major tech firms. Despite Europe’s tech lag, companies are heavily investing in AI, potentially disrupting sectors like finance and manufacturing. Get the Full...

Artificial Intelligence
EdTech Earnings Bring Online Learning Platforms’ AI Struggles to Forefront
May 03, 2024

The online education sector continues to experience exponential growth, driven by technological advancements and the increasing demand for flexible learning options. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Online Marketplaces Deploy AI to Provide Personal Shopper Experience
May 03, 2024

Online marketplaces are reportedly deploying artificial intelligence (AI) to deliver a personal shopper-like experience to their visitors. 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...

Retail
Report: Sycamore Partners Interested in Taking Nordstrom Private
May 03, 2024

Sycamore Partners, a buyout equity firm that owns department store operator Belk, is reportedly among the firms interested in taking Nordstrom private. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Fed Study: Banks Examine Credit Use When Considering Limit Increases
May 03, 2024

A new study from the Federal Reserve indicates that it’s not income levels or ability to repay that drives banks’ willingness to extend credit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
Wells Fargo: US Authorities Are Investigating Zelle Complaint Handling
May 03, 2024

Wells Fargo said Thursday (May 2) that U.S. authorities are investigating the handling of complaints about Zelle. 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,...

Retail
Walmart and Amazon Expand Private-Label Plays to Compete in Grocery
May 03, 2024

As Amazon looks to close the gap with Walmart in grocery, both retail giants are seeing the opportunity to win over shoppers with their private-label brands. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Fintech Investments
Platforms Rally to Push FinTech IPO Index 3% Higher
May 03, 2024

A 3% gain in the FinTech IPO Index this past week was led by the platforms. 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...

B2B Payments
Big Innovations Powering Small Business Growth Dominate This Week in B2B
May 02, 2024

It is National Small Business Week in the U.S., and the spotlight is on business-to-business (B2B) innovation.  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...