News

Investments
ElevenLabs Raises $80 Million for AI Voice Cloning Projects
January 22, 2024

Voice technology firm ElevenLabs’ value has topped $1 billion after its latest 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. By...

B2B Payments
How GreyOrange CEO Will Use $135M, AI and Robots to Modernize Warehousing and Fulfillment
January 22, 2024

Omnichannel commerce has transformed how we pay for things and the length of time in which we expect to get what we pay for. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Loyalty & Rewards
CVS Loyalty Chief Says Program Overhaul Driven by Consumer Desire to Keep It Simple
January 22, 2024

Loyalty programs have become a ubiquitous part of the retail landscape, offering consumers enticing rewards and incentives for sticking with their favorite brands. However, as retailers expand their offerings, the proliferation of multiple loyalty programs can complicate the consumer experience and pose challenges for both...

Artificial Intelligence
Fitness Industry Looks to AI to Bring in Consumers, Profits
January 22, 2024

Artificial intelligence is giving the fitness category a workout. 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,...

Payment Methods
Nearly 40% of Consumers Say No to Pay-by-Bank Payments Even With Incentives
January 22, 2024

Pay-by-bank payments, also known as account-to-account (A2A) payments, allow consumers to transfer funds between bank accounts in real time. These payments bypass traditional card networks and utilize intermediaries like peer-to-peer (P2P) service providers such as Venmo or PayPal. Get the Full Story Complete the form...

Latin America
Prometeo Co-CEO on What It Takes to Create Latin America’s Connected Financial Ecosystem
January 22, 2024

Open banking promises to forge new financial ecosystems as data is shared among banks, corporates and 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...

Payments Innovation
X Heralds P2P Payments With @XPayments Account
January 21, 2024

Is X getting closer to adding peer-to-peer (P2P) payments to its platform? 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...

CFPB
CFPB Sues Strategic Financial Solutions Over Alleged Fee Collection
January 19, 2024

The Consumer Financial Protection Bureau (CFPB) announced Friday (Jan. 19) that it has launched a lawsuit against Strategic Financial Solutions (SFS), charging it with running an illegal debt-relief business.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Consumers Turn to Social Media Platforms for Secondhand Products as Resale Partnerships Surge
January 19, 2024

As the economy continues to grapple with rising prices and inflationary pressures, consumers are adjusting their purchasing habits to cope with the erosion of their purchasing power.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...