Today on PYMNTS

Banking
Earnings Put Spotlight on Banks’ Full-Scale Digital Transformation

The shift toward digital channels in financial services shows no signs of slowing down,...

artificial intelligence
Emotive AI Offers New Ways to Connect With Consumers

In a lab in London, a new generation of avatars is learning to smile,...

artificial intelligence
EU Antitrust Chief Margrethe Vestager Says AI Needs ‘Vibrant Competition’

In a meeting that underscores the European Union’s ongoing scrutiny of the tech industry, Margrethe Vestager,...

Technology
Advanced Tech Adds Miles of Progress to Smart City Vision

The global smart cities landscape is evolving, driven by the fusion of urbanization and...

SMBs
The State of Main Street Heading Into Small Business Week

Despite the moniker attached to their segment, small businesses loom large in the American...

Mobile Wallets
Consumers Are Slow to Adopt Mobile Wallets for Store Payments

Consumers are using mobile wallets more, but it is taking a while for them...

Retail
Walmart Grows Omnichannel Capabilities for Shoppers ‘Seeking Convenience’

Walmart has been expanding its omnichannel capabilities across its three segments: Walmart U.S., Walmart...

Retail
Trove CEO: Consumers Look to Brands for Streamlined Resale Experiences

Tired of proverbially picking their way through online resale marketplaces, consumers are looking for...

Consumer Insights
44% of Consumers Need 2 to 4 Prompts to Act...

Card-linked offers — those special promotions designed to encourage consumers to use their credit...

Gig Economy
California Uber Drivers Reap $1 Billion in Benefits Since 2020

Uber says it has made an investment exceeding $1 billion in benefits for its...

artificial intelligence
Meta’s $35 Billion Bet on AI Fuels the Tech Arms...

Meta announced a $35 billion investment in artificial intelligence (AI) for this year, signaling...

Partnerships
Iris Partners With Amazon Business on Procurement for UK Schools

Iris Software Group has launched an integration with Amazon Business that will help schools in the...

Partnerships
Real Madrid, Ouro Deal Nets Big Wins in Financial Innovation

In today’s digital age, the combination of innovative financial products and a loyal, international...

Social Commerce
ByteDance Says It ‘Doesn’t Have Any Plan to Sell TikTok’

ByteDance reportedly will not sell its U.S. TikTok business, even if it loses its legal battle in...

artificial intelligence
This Week in AI: Beyond LLMs, AI Forklifts, Weather Forecasting

This week in artificial intelligence (AI) news, as large language models (LLMs) near technical...

Technology
Making Sense of: How America’s CHIPS Act Fuels Domestic Innovation

American companies are outpacing European ones on innovation and technology. That’s what the head...

Retail
Amazon Announces Prime Day’s Return as Shoppers Flock to Seasonal...

With consumer spending increasingly motivated by deals and seasonality, Amazon is gearing up for...

Economy
Savings Rates Pressured as Consumer Spending Outpaces Disposable Personal Income...

The latest data on personal consumption notes that spending is outpacing the growth in...

artificial intelligence
Elon Musk’s xAI Close to Raising $6 Billion

Elon Musk’s artificial intelligence (AI) startup xAI is reportedly close to raising $6 billion...

Fraud Prevention
Banks Need ‘Change Management Checklist’ in Battle Against Fraud

Artificial intelligence (AI) holds the promise to transform all manner of industries — helping...

Restaurant innovation
Card-Linked Offers Shape Data Access and Personalized Offers for Restaurants

With Small Business Week coming up April 29, it’s a good time to focus on the...

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