Featured News/page/5 news and trends

Open-Loop Payments Help Advance Smart City Innovation
Connected Economy // May 14, 2024

The concept of the connected commuter is gaining momentum, driven by the increasing reliance on digital solutions for travel and commuting needs. PYMNTS Intelligence research highlighted this trend, revealing an increase in the prevalence of apps and platforms to streamline everyday commuting journeys. This growing shift has...

Tanger Outlets Court the Digital, Aspirational Shopper
Retail // May 14, 2024

May 2020. The COVID-19 lockdown was starting to ease, but it was in its second month. Consumers were flocking toward the dramatic digital shift that would eventually be the hallmark of the pandemic. At physical retail locations — like outlet centers — the outlook ranged from cautious...

Fed Says Consumers See Higher-for-Longer Inflation
Consumer Insights // May 13, 2024

Consumers are girding for inflation to settle in over the long haul. But they intend to keep spending. As reported on Monday (May 13), the  Federal Reserve Bank of New York’s Center for Microeconomic Data detailed that, per the April Survey of Consumer Expectations, inflation’s expected to be higher one...

OpenAI Delivers Subscription Model Upgrade for GPT-4o
artificial intelligence // May 13, 2024

OpenAI, the artificial intelligence (AI) company behind the widely popular ChatGPT, announced Monday (May 13) the launch of GPT-4o — with “o” meaning “omni” — a new language model free for all users. The text, vision and audio processing improvements could boost commerce applications. “GPT-4o is much faster...

Interviews & Exclusives
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 million and $1 billion. As more firms seek out and put external capital to work, they are finding that today’s working capital solutions are providing […]

Open-Loop Payments Help Advance Smart City Innovation

May 14, 2024
The concept of the connected commuter is gaining momentum, driven by the increasing reliance on digital solutions for travel and commuting needs. PYMNTS Intelligence research highlighted this trend, revealing an...

Tanger Outlets Court the Digital, Aspirational Shopper

May 14, 2024
May 2020. The COVID-19 lockdown was starting to ease, but it was in its second month. Consumers were flocking toward the dramatic digital shift that would eventually be the hallmark...

Fed Says Consumers See Higher-for-Longer Inflation

May 13, 2024
Consumers are girding for inflation to settle in over the long haul. But they intend to keep spending. As reported on Monday (May 13), the  Federal Reserve Bank of New York’s Center...

Quick Reads
As RTP Turns 5, Matching Experience to Expectation Is the Challenge

November 22, 2022
The customer experience encompasses all of the touch points that customers take advantage of when interacting with a company’s employees, assets or operations — including and especially the payment experience. By streamlining and modernizing their payment experience through digital tools and future-fit investments, companies can provide a better, more repeatable experience for their customers, for […]

JPMorgan Sees ‘Big Data’ Becoming ‘Smart Data’ With Help of Super Apps

October 26, 2022
The digital front door is opening. Lia Cao, managing director and global co-head of corporate and eCommerce sales and solutions at J.P. Morgan Payments, told PYMNTS’ Karen Webster that the...

Amazon Prime Day Will Face Aggressive Rivals, Inflation-Weary Consumers

June 16, 2022
(Update: adds Target Deal Days announcement) With Amazon announcing the latest iteration of its annual Prime Day event, it didn’t take long before rival retailers began to unveil their own...

White House Crypto Executive Order Ignites Digital Dollar Debate

March 10, 2022
If you support creating a digital dollar, there’s a lot to be happy about in President Joe Biden’s Wednesday (March 9) executive order on the regulation of cryptocurrency. For one...