News

Artificial Intelligence
Tech Experts Share What to Ask When Adding AI to Business
January 03, 2024

Generative artificial intelligence (AI) offers a great opportunity for firms to build better businesses. All they need to do is successfully integrate the technology across their workflows. Easier said than done? Maybe. After all, digital transformations are rarely as simple as flipping a switch. Fortunately, PYMNTS...

Artificial Intelligence
Samsung Previews New Smartphone with a Focus on AI
January 03, 2024

When Samsung debuts its new smartphone, artificial intelligence will play a starring role. The company, which makes more smartphones than any other firm, announced Tuesday (Jan. 2) it will introduce its new Galaxy S series phone at its Unpacked event Jan. 17, billing it as...

Retail
Why Shopping for Pets Is Getting Even Easier 
January 03, 2024

Amid the pandemic, it appears that 1 in 5 American households chose to add a new furry friend to their lives.   As the trend of being pet parents continues, the market for pet care products is booming. Notably, the market for fresh and frozen pet...

Banking
EU Regulators Investigate Bank and Shadow Bank Connections
January 03, 2024

Regulators in Europe are reportedly probing the ties between banks and non-bank financial institutions (NBFIs). This investigation is borne out of concerns about possible contagion due to stresses in the larger system, European Banking Authority (EBA) Chair José Manuel Campa said in a Financial Times (FT) interview published Wednesday (Jan. 3)....

IPO
Home Health Company BrightSpring Plans to Go Public
January 03, 2024

Home health company BrightSpring has revived its plans to go public. The Kentucky-based firm on Tuesday (Jan. 2) filed its plans for an initial public offering (IPO) with the Securities and Exchange Commission (SEC). The filing did not include proposed terms for the IPO, though a report by Bloomberg...

B2B Payments
Rising Interest a Boost to Commercial Cards as Working Capital Source
January 03, 2024

Commercial transactions make the world go ‘round, and around the world, B2B transactions are evolving. Treasury automation, virtual card adoption, and the financial advantages of commercial cards are reshaping the way businesses manage their working capital. “One of the biggest topics still [in the B2B...

Retail
2024 Is the Year Retail Gets Personal
January 03, 2024

Thanks to inflation’s starring role, 2023 featured major retail plot twists — consumers counted their pennies while brands and retailers did some serious soul-searching. This economic blockbuster forced many players to change up their product lineups and do a complete script rewrite for their overall...

Delivery
DoorDash Looks to Grow Beyond US and Beyond Restaurants
January 02, 2024

DoorDash is reportedly aiming to diversify beyond meal deliveries to diners in the U.S. “The two largest areas of investment are expansion and penetration outside of the U.S., as well as the same outside of restaurants,” CEO Tony Xu said in an interview with the Financial Times (FT)...

Social Commerce
X Restores Headlines to News Links Following User Complaints
January 02, 2024

Elon Musk’s decision to remove headlines from X’s news links was apparently short-lived. The multibillionaire social media mogul announced in October that the platform — formerly known as Twitter — would no longer include headlines with links to news stories. But as Bloomberg News reported Tuesday...