July 15, 2024
Salesforce Cuts 300 Jobs in Year’s Second Round of Layoffs
Salesforce reportedly cut about 300 jobs in July after eliminating 700 roles earlier this year. The latest cuts are part of the company’s ongoing effort to streamline its operations, Bloomberg reported Monday...
July 15, 2024
China’s AI Surge Could Impact the Global Business Landscape, Experts...
Chinese companies are racing ahead in adopting generative artificial intelligence (AI), a technological leap that experts say could upend global commerce and give China a critical edge. This significant lead,...
July 15, 2024
AI Explained: Data Scarcity and How It Impacts Innovation
As artificial intelligence (AI) powers a growing array of technologies, from chatbots to self-driving cars, a bottleneck has emerged: a shortage of high-quality data to train these sophisticated systems. Data...
July 15, 2024
New Look at Geolocation Helps Physical Stores Compete in a...
Customer expectations are perpetually evolving — meaning the experiences they are offered should, too. Innovation is the key to staying ahead, especially within the digitally transformed retail landscape. Against that...
July 14, 2024
Google Reportedly Eyeing $23 Billion Purchase of Wiz
Google is reportedly in talks to purchase cybersecurity startup Wiz for about $23 billion. That’s according to a Sunday (July 14) report by The Wall Street Journal (WSJ), which pointed...
July 13, 2024
The Cyborg Shopper: Is It the Future or Just a...
As a fringe group of consumers gets microchips implanted in their hands to make payments without using any external devices, time will prove whether these shoppers are early adopters or...
July 12, 2024
Target Bolsters in-Store Experiences Through Strategic Collaborations
Target is facing increased competition from online retailers with faster delivery and a wider selection of products. Customers are also shopping less frequently in physical stores. As a result, Target...
July 12, 2024
Report: Barneys New York Aims to Expand Product Offerings, Distribution
Barneys New York reportedly plans to expand both its product offerings and its distribution if the planned acquisition of Neiman Marcus Group by the owner of Saks Fifth Avenue is...
July 12, 2024
Signet Jewelers Cultivates Customer Loyalty Through Service
Signet Jewelers, the world’s largest diamond retailer, faces a distinct challenge in creating customer loyalty. Unlike frequently purchased consumer goods, jewelry purchases tend to be less frequent, necessitating a focus...
The U.S., U.K. and Europe are intensifying their efforts to develop and deploy the policies and infrastructure necessary to advance the use cases and real time payments volume of their domestic networks. This month’s “Real-Time Payments World Map,” a collaboration with The Clearing House, explores the progress and future developments of real-time payments across these regions.
Nearly half of consumers in Mexico shop in-store without using digital shopping features — but merchants hear their customers’ cries for a better experience and are planning to add many. PYMNTS Intelligence’s latest 33-page report, the “2024 Global Digital Shopping Index: Mexico Edition,” commissioned by Visa Acceptance Solutions, features eight charts that provide a blueprint for merchants in Mexico to increase customer satisfaction and drive revenue.