Digital Transformation/page/67 news and trends

How Businesses Can Navigate the AI Search Shake-Up
eCommerce // May 17, 2024

Google’s latest unveiling of artificial intelligence (AI)-powered search tools has sent ripples through the business world, prompting leaders to rethink their digital strategies. The tech giant’s new features promise to disrupt online information retrieval, leaving companies scrambling to understand and adapt. With Google’s AI search tools...

Consumers Are Leaving Major Cities, Slowing Retail’s Digital Transformation
Retail // May 17, 2024

The impact of the pandemic on consumers’ geographic distribution has continued, with shoppers increasingly residing outside of major urban areas, and this trend away from cities is decelerating retail’s digital shift. PYMNTS’ Q1 eBook, “The Implications of Uncertainty,” collects insights from 18 payments industry executives to...

How Compliance Is Shaping the Future of Cross-Border Payments
Cross-border Payments // May 17, 2024

There are over 19,000 tax jurisdictions worldwide — any of which can change in an instant. With new and emerging payment rails, such as instant payments, helping to transform the cross-border space, regulators are increasingly cracking down on businesses in the payment chain to ensure that new technologies...

Uber Integrates Social Commerce Into Marketplace as Shoppers Seek Peer Recommendations
Social Commerce // May 17, 2024

As consumers increasingly look for guidance from trusted friends and content creators to inform their shopping, Uber is integrating a social element into its Eats platform. On Wednesday (May 17) the mobility and delivery company announced a range of new features at its GO-GET 2024...

Interviews & Exclusives
AI Takes Flight in Airline Pricing

May 17, 2024
As travelers pack their bags for summer getaways, airlines are deploying artificial intelligence (AI) to squeeze every last dollar from their booking systems. Fetcherr, an Israeli startup, is helping carriers navigate the complex dynamic pricing world with its AI-powered platform. The company’s AI technology uses reinforcement learning models to simulate pricing scenarios and determine the most profitable strategies […]

AI Turns Streaming Video Search Into Churn-Reducing Conversations

May 16, 2024
Streaming platforms have transformed the content and digital entertainment landscape. Platforms like Netflix, Amazon Prime Video, Hulu, and many others all offer subscribers access to thousands of movies, TV shows,...

Fashion Shoppers’ Shift to Digital Sends Physical Retailers Packing

May 14, 2024
Consumers are increasingly buying clothing from third-party digital marketplaces, forcing more retailers to close shop. Most recently, Ted Baker’s North American business announced Friday (May 10) that amid bankruptcy proceedings in the United...

APAC Middle-Market Leaders Embrace External Financing for Growth

May 14, 2024
We are in the midst of a working capital revolution — one that is increasingly driven by innovation and made more necessary by the macroeconomic backdrop, particularly for those middle-market firms generating annual revenues between $50...

Quick Reads
Report: Dolce & Gabbana Sued Over NFT Sale

May 17, 2024
Dolce & Gabbana has reportedly been sued by a customer who said he spent $6,000 on non-fungible tokens (NFTs) offered by the company, only to have them arrive late and without the benefits that were promised. The plaintiff brought the case on behalf of a proposed class of people who had similar experiences, Bloomberg reported Thursday (May […]

How Businesses Can Navigate the AI Search Shake-Up

May 17, 2024
Google’s latest unveiling of artificial intelligence (AI)-powered search tools has sent ripples through the business world, prompting leaders to rethink their digital strategies. The tech giant’s new features promise to disrupt...

Threads Testing ‘Pinned Columns’ Feature on Web Application

May 16, 2024
Threads is testing “pinned columns” on its web application. Mark Zuckerberg, founder, chairman and CEO of Meta, which owns the text-based social media app, announced the test in a Thursday...

Visa and SKUx Team to Promote Digital Consumer Payments

May 16, 2024
Visa has launched a collaboration with digital payments company SKUx. “The agreement will accelerate digital transformation for select merchants and consumer packaged goods companies that leverage SKUx’s payment-based offer solutions — supporting a variety...