News

Artificial Intelligence
Revere Introduces Tool to Help Marketers Optimize Generative AI
January 26, 2024

Generative AI Solutions has launched Revere, a new company dedicated to helping marketers shape perceptions of brands in a landscape that’s being redefined by generative artificial intelligence (AI) and large language models (LLMs). Generative AI and LLMs are expected to become influential in brand representations, product opinions...

B2B Payments
Toward 2030: How Data-Rich Environments Can Benefit B2B Payments
January 26, 2024

How a business is paid has an upstream impact on the overall B2B relationship.  That’s why firms can gain a competitive edge by offering cutting-edge services, particularly around the B2B payments journey.  With paper checks still tied to 40% of commercial transactions, and other B2B payment processes...

B2B Payments
Sunwest Teams With Marqeta and Torpago to Launch Corporate Card Platform
January 26, 2024

Marqeta, Torpago and Sunwest Bank launched Sunwest’s commercial credit card and expense management solution called Sunwest Visionary Card. The new bank-branded offering is enabled by Torpago’s commercial credit card and spend management solutions, Marqeta’s global card issuing platform and Sunwest’s entrepreneurial business bank, according to...

Retail
Card-Linked Offers Are Still Unfamiliar to 37% of Cardholders
January 26, 2024

Card-linked marketing uses past purchase data to create targeted, relevant offers to potential customers that are often presented through mobile or online banking applications. By using their credit or debit cards to subscribe to these offers, consumers in exchange get rewards, discounts or special benefits...

Retail
Walmart Cuts Innovation Lab; Amazon Mulls Monetizing Alexa
January 26, 2024

Is this year gearing up for another round of slashing costs and seizing revenue opportunities? Signs from retail giants Amazon and Walmart point in that direction. But the burning question is: How will these moves hit consumers?  According to a recent PYMNTS report, consumers expect...

Artificial Intelligence
Letting AI Take the Wheel for Logistics Can Add Efficiency, RXO Says
January 26, 2024

The transport industry is the heart of commerce and the linchpin of a functional economy. Moving goods more efficiently, more effectively and at the lowest cost possible isn’t going out of style anytime soon. Now there’s a chance for artificial intelligence to play a role...

Fintech Investments
Platforms Gain Momentum Ahead of Earnings, Propel FinTech IPO Index 2.2% Higher
January 26, 2024

It’s the end of January almost, and through the next few weeks, FinTechs will weigh in with everything from loan performance metrics to profits (where there are profits to be shown). This past week’s trading action was dominated by the platforms overall, and specifically by...

eCommerce
Nearly Half of Amazon Subscribe & Save Members Shop More Online Than In-Person
January 26, 2024

The rise of digital retail subscriptions has provided consumers with convenience such as scheduled deliveries of regularly used items, eliminating the need for frequent trips to physical stores. Millennials are at the forefront of this trend, with 39% of them relying on subscriptions for most...

Retail
Levi’s Direct-to-Consumer Bet Sparks Job Cuts
January 25, 2024

While competitors were hustling to land deals with retailers and forge partnerships to reach more consumers, Levi’s boldly went all-in on its direct-to-consumer (D2C) strategy in October.   “Over the last decade, the company has made phenomenal progress, more than doubling our D2C revenue while engaging...