News

Retail
H&M Steers Upmarket to Pull Away From Shein
December 15, 2023

Fashion retailer H&M is reportedly making strategic moves to attract more aspirational shoppers and differentiate itself from fast-fashion giant Shein. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Loyalty & Rewards
Chase Announces Grocery Deal as Food Shoppers Demand Cash-Back Rewards
December 15, 2023

Chase is targeting consumers’ demand for food deals with new cash-back offers, a move that comes as consumers seek card-linked offers from grocers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Artificial Intelligence
This Week in AI: Healthcare GPTs, EU’s AI Act, the Future of Work
December 15, 2023

The holidays are approaching, and generative artificial intelligence shows no sign of slowing down. 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...

Artificial Intelligence
AI Startup Krutrim Rolls out India’s First Multilingual Large Language Model
December 15, 2023

Krutrim, an artificial intelligence startup founded by serial entrepreneur and CEO of Ola Group, Bhavish Aggarwal, made waves in the field of AI with the launch of India’s first multilingual large language model (LLM). Get the Full Story Complete the form to unlock this article...

Artificial Intelligence
FSOC Identifies Use of AI as Vulnerability in Financial System 
December 15, 2023

The Financial Stability Oversight Council (FSOC) has, for the first time, identified the use of artificial intelligence (AI) in financial services as a vulnerability in the financial system.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Sam Altman Reiterates Support for Worldcoin as It Seeks Funding 
December 15, 2023

Sam Altman, the CEO of OpenAI, has reportedly reiterated his support of the cryptocurrency project Worldcoin, saying that in a world increasingly influenced by artificial intelligence (AI), the ability to identify unique humans is becoming more important.  Get the Full Story Complete the form to unlock this...

Investments
Shelpful Raises $3 Million for Personal Productivity and Accountability Solution 
December 15, 2023

Shelpful has raised a $3 million seed investment to continue adding features and partnerships to its solution that helps people build lasting habits around health, happiness and self-care.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Artificial Intelligence
Tokens, Characters and Usage Fees: Decoding the AI Price War
December 15, 2023

Everything has a cost, even — or especially — innovations like artificial intelligence (AI). 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...

Artificial Intelligence
AI Co-Pilots May Be The Future of Membership-Only Luxury Travel
December 15, 2023

We exist at the intersection of behavior and technology.  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,...