News

Faster Payments
Consumers Prefer Instant Payments, Federal Reserve and PYMNTS Data Show
February 16, 2024

An official with the Atlanta Federal Reserve says findings from a 2023 Federal Reserve study confirm the growing appetite for instant payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
Tokenization Now Seen by Merchants as Performance Optimization Play
February 16, 2024

Jeff Hallenbeck, head of payments at Forter, said tokenization, from the merchant point of view, is moving from being thought of as an operational cost to an opportunity to drive revenues. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Walmart Sets Sights on Retail Media as Content and Commerce Blur
February 16, 2024

This week in the ongoing race for customers’ loyalty and engagement between retail powerhouses Walmart and Amazon, the former may be looking to join in the streaming media space, where the latter is already well established. Get the Full Story Complete the form to unlock...

Fintech Investments
FinTech IPO Surges 4.6% as Robinhood Leads Earnings Season Rally 
February 16, 2024

Earnings reports moved several components of the FinTech IPO significantly higher — and lower — and took the overall index up 4.6% through the past week.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

IPO
Report: Sen. Marco Rubio Asks SEC to Block Shein IPO
February 15, 2024

Sen. Marco Rubio, R-Fla., is reportedly asking the Securities and Exchange Commission (SEC) to prevent fast fashion platform Shein from its bid to list publicly in the U.S. market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Four in 10 Consumers Demand Greater Data Protection
February 15, 2024

Properly securing consumer data could be key to maintaining the loyalty of eCommerce merchants’ most engaged customers, according to PYMNTS Intelligence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
OpenAI Unveils Text-to-Video Model Called Sora
February 15, 2024

OpenAI, the creator behind artificial intelligence-powered chatbot ChatGPT, is launching Sora, a text-to-video model. 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...

Banking
SVB Adds Bankers as Anniversary of Its Failure Nears
February 15, 2024

While other lenders are cutting staff, Silicon Valley Bank (SVB) is reportedly hiring. 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...

Artificial Intelligence
Google Debuts Improved Version of Gemini AI Tool
February 15, 2024

One week after its rebrand as “Gemini,” Google’s artificial intelligence tool received a new update dubbed “Gemini 1.5.” 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...