PYMNTS News

Procter & Gamble Says Consumers Not Trading Down Despite Higher Prices
Procter & Gamble Says Consumers Not Trading Down Despite Higher Prices
July 28, 2023  |  Earnings

Consumers are generally not trading down to generic brands of everyday items, despite rising prices. Procter & Gamble — the maker of brands like Crest, Tide and Pampers — said Friday...

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Tapping AI for Enterprise Enablement Is Supercharging Corporate Capabilities
Tapping AI for Enterprise Enablement Is Supercharging Corporate Capabilities
July 28, 2023  |  artificial intelligence

Reliable operational performance can’t be pulled out of thin air. To play ball in today’s operating landscape, organizations need both a competitive position and a...

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Microsoft Emphasizes Importance of GPU Supply for AI
Microsoft Emphasizes Importance of GPU Supply for AI
July 28, 2023  |  Artificial Intelligence

Microsoft has told investors that the supply of graphics processing units (GPUs) is a key resource — and risk factor — for the company’s growing cloud...

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Binance Fights Back Against CFTC Complaint, Claims Regulatory Overreach
Binance Fights Back Against CFTC Complaint, Claims Regulatory Overreach
July 28, 2023  |  Regulation

Binance and its CEO, Changpeng Zhao, are reportedly fighting back against a complaint filed against the cryptocurrency exchange by the U.S. Commodity Futures Trading Commission (CFTC). They filed a...

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New York DFS Places Yonkers Postal Employees Credit Union Into Conservatorship
New York DFS Places Yonkers Postal Employees Credit Union Into Conservatorship
July 28, 2023  |  Credit Unions

The Yonkers Postal Employees Credit Union (Yonkers CU) has been placed into conservatorship by the New York State Department of Financial Services (DFS), with the...

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Walmart Expects Fully Automated Warehouse to Double Its Capacity
Walmart Expects Fully Automated Warehouse to Double Its Capacity
July 28, 2023  |  Walmart

At the facility that is becoming Walmart’s first warehouse to handle most products with automation, workers are getting a view of how their jobs will change....

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AP’s Licensing Deal With OpenAI Includes First-Mover Safeguard
AP’s Licensing Deal With OpenAI Includes First-Mover Safeguard
July 28, 2023  |  Artificial Intelligence

When the Associated Press (AP) became the first major publisher to license its content to a major artificial intelligence (AI) platform, the newswire reportedly ensured that it...

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More Than Half of Consumers Trust the Added Security of Payment Credentials Vaults
More Than Half of Consumers Trust the Added Security of Payment Credentials Vaults
July 28, 2023  |  Digital Payments

Given a safe alternative, most consumers would rather not reenter payment card info every time they make a purchase online. That’s where credential vaults come...

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Can Always-On AI Give Healthcare Providers a Helping Hand?
Can Always-On AI Give Healthcare Providers a Helping Hand?
July 28, 2023  |  artificial intelligence

What industry does artificial intelligence (AI) have the potential to transform most? For many observers, healthcare is the obvious answer. Yes — that healthcare. The...

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