Today on PYMNTS

Goldman Sachs reportedly plans to lay off between 3% and 4% of its workforce...

OpenAI is reportedly considering changing its corporate structure to make that structure simpler and more...

Despite Peloton’s rebranding effort launched in May 2023, executives acknowledged in the latest earnings...

As the retail sector faces a complex mix of opportunities and challenges, Gap and...

Magic raised $320 million from a group of investors that includes former Google CEO...

Wirex has launched its mainnet, making its decentralized payment method, Wirex Pay, live and ready...

California’s newly passed artificial intelligence (AI) safety bill could dramatically alter the landscape of...

Bridge reportedly raised $40 million to support its efforts to build a stablecoin-based payments...

Amid escalating competitive pressures, Ulta Beauty is facing a challenging retail environment that impacted...

As artificial intelligence (AI) reshapes industries, tech companies are racing to build greener data...

Contemporary businesses operate in an era marked by surging cyberthreats and data breaches. That’s...

Apple’s search deal with Google reportedly could be impacted by a potential Apple investment in OpenAI....

Singapore is considering a bill that would allow police to order banks to temporarily...

Amazon is turning to Anthropic’s artificial intelligence (AI) model Claude to power the revamped...

Beyond the balance sheet, loyalty is the primary currency restaurant and hospitality operators survive...

Accounts payable (AP) departments are due for an upgrade. Burdened by cumbersome paper-based systems...

Zillennials — the younger millennial and older Generation Z consumers born between 1991 and...

The healthcare sector, often burdened by slow and cumbersome payment processes, is undergoing a...

The rise of technology requires a careful balance between innovation and risk management, i2c...

It was a solid week for the Fintech IPO Index as Affirm, Bill.com and cloud-based...

With summer travel and spending in full swing, consumer credit use is ticking upward....

Businesses of all sizes are finding themselves at the crossroads of innovation and tradition....

David Singleton said in a post on LinkedIn that he is stepping down as chief technology...

The financial results for four major retailers — Kohl’s, Burlington Stores, Dollar General and Five...

For Best Buy CEO Corie Barry, elevating the customer experience is paramount. Despite recent challenges...

Apple and Nvidia are reportedly in talks, separately, to invest in OpenAI. The Wall...

The U.K.’s new Labour government is reportedly rethinking its approach to artificial intelligence (AI)....

Numeral and HSBC Innovation Banking UK have partnered to enable embedded payments for innovative companies...

Meta says its AI models have been downloaded nearly 350 million times since last...

Consumer spending and private inventory investment are driving an increase in real gross domestic...

Mexican FinTech startup Stori has begun its expansion into Colombia. The company said it will...

Two of the most high-profile artificial intelligence firms inked a deal with the United...

IKEA U.S. has begun rolling out an invoice-to-pay solution provided by payments company Slope, saying...

Block is working with the U.S. government to promote the use of digital identity...

Visa and Crown Agents Bank (CAB) are targeting the “last mile” of the payments...

In recent months, retail giants Walmart and Amazon have been seizing on consumers’ demand...

Nvidia’s latest earnings report released Wednesday (Aug. 28) revealed a paradox: record-breaking revenue fueled...

Most businesses have a target on their back. And for good reason — their...

Swedish furniture retailer IKEA launched a partnership with Dutch payments FinTech platform Adyen. The...

The latest unemployment data reportedly points to a continued gradual cooling of the labor...

California lawmakers passed an artificial intelligence safety bill despite industry opposition. The bill needs...

Mastercard chose India for the launch of its Payment Passkey Service. The online checkout...

Fiserv clients will be able to more easily enable PayPal, Venmo and related services,...

Banking is changing. No longer the sole province of financial specialists and time-honored institutions,...

The healthcare sector is riddled with change-the-game opportunities, frequently hidden behind entrenched fragmentations and...

Within an open banking environment, advances like pay by bank are transforming money movement....

In today’s business environment, effective payment methods are essential. Outdated payment systems can create...

Facing instability requires different capabilities compared to operating in a stable environment, Esker Worldwide...

Small and medium-sized businesses (SMBs) across sectors are widely using instant payments. For many,...

Digital sports entertainment and gaming company DraftKings plans to enhance its in-play betting offering...

Buy now, pay later (BNPL) firm Sezzle plans to have WebBank serve as its...

Big Lots is reportedly considering bankruptcy amid continued declines in sales. The off-price home goods...

OpenAI reportedly aims to raise “several billion dollars” in a funding round that would...

Oettinger Davidoff AG, an independently owned, Swiss luxury goods company that specializes in tobacco products...

In 2010, a Florida man bought two pizzas with 10,000 bitcoin. That singular incident...

Swiss-Mile, which makes robots for logistics and other use cases, has raised $22 million...

As consumers navigate a challenging economic environment, they are increasingly adopting buy now, pay...

Cribl has raised $319 million in a Series E funding round to help enterprises...

Amazon’s is planning an artificial intelligence (AI) overhaul for Alexa. Set to launch in...

In a pivotal moment for Foot Locker, the company’s second-quarter results point to the...

BlackRock is reportedly looking to auction off Amazon aggregator SellerX after SellerX stopped making...

Cryptocurrency marketplace OpenSea could be the target of a regulatory investigation. Devin Finzer, the...

Elon Musk’s endorsement of a controversial California artificial intelligence (AI) safety bill signals the...

Chewy said its investment in veterinary clinics is helping it attract new customers. The...

The Consumer Financial Protection Bureau (CFPB) is seeking public comment on Apple’s recently announced rules governing...

The Bureau of Labor Statistics (BLS) is changing how it announces data after an incident...

Early Warning Services has made its Paze online checkout available to Sephora’s loyalty program...

Dick’s Sporting Goods is the latest high-profile organization dealing with an information systems breach....

From the Texas Capitol to federal aviation authorities, policymakers are scrambling to address the...

Stripe saw its cross-border payments volume in Asia increase by over 30% last year....

It may seem obvious: cumbersome B2B processes are bad, while streamlined workflows are good....

Walmart’s eCommerce business has increased in the past few years, and now, to take...

Paytm won approval from India’s finance ministry to invest in its payment services operation....

Citigroup is reportedly looking to increase its revenue by adding smaller clients. Traditionally known...

TD Bank’s ongoing issues with its anti-money laundering (AML) controls could usher in a...

Buy now, pay later (BNPL) firm Sezzle and embedded finance platform Liberis teamed to...

Apple is reportedly eliminating around 100 jobs in its crucial digital services division. The...

Among all the suspicious activity that financial institutions (FIs) encounter, 42% relate to identity....

Italist is tapping into the growing American enthusiasm for Italian luxury fashion with a...

Retail behemoths Amazon and Walmart are vying to capture the largest share of consumer...

Technology has long had a profound impact on farming practices. With the advent of...

There have been some significant milestones so far in the development of the digital...

In an era where flawless transactions are critical for customer loyalty, merchants are adopting...

FinTech partnerships can help financial institutions thrive, Boost Payment Solutions founder and CEO Dean...

Once known primarily for gaming graphics cards, Nvidia now sits at the epicenter of...

IBM has unveiled an upgraded computer chip that could give its customers an AI...

Digital sales are climbing steadily at Nordstrom, and displaying a consistent upward trajectory. During...

General Motors (GM) has reportedly hired former Apple leader Tim Twerdahl as vice president of...

Digital transformation can come even to industries where change happens slowly. As the financial...

Swedish buy now, pay later (BNPL) provider Klarna is reportedly experiencing a boardroom conflict...

Governments globally are wrestling with the challenge of taxing the digital economy, with digital...

Nvidia has introduced pretrained, customizable artificial intelligence (AI) workflows that will provide a “jump...

Meta said Tuesday (Aug. 27) that it will shut down Meta Spark, its platform...

Is the American consumer cautiously confident? Confidently cautious? Somewhere in the middle? The Conference...

Vault has released new functionality for its platform to help Canadian businesses automate vendor...

Mastercard has teamed with FinTech Rellevate to improve payments and disbursement services for the...

OpenAI reportedly aims to release its next-level artificial intelligence product in the fall. The...

Vista Equity Partners is in funding discussions for its purchase of software firm Jaggaer....

Walmart has added new product categories, omnichannel experiences and fulfillment solutions to its eCommerce platform...

U.S. retail customers are adopting buy now, pay later (BNPL) options for in-store transactions,...

Hackers tied to China breached four U.S. companies, according to cybersecurity researchers. Lumen’s Black...

A new report released Tuesday (Aug. 27) from the U.S. Consumer Financial Protection Bureau...

Lyft expanded its offerings with earned wage access for drivers and a new service...

Artificial intelligence (AI) is giving financial institutions new tools to meet their goals. Wells...

Visa has debuted a service to help customers navigate the $200 trillion money movement...