PYMNTS News

Snap’s Global Expansion Shows Promise, but Revenue Tells Different Story
Snap’s Global Expansion Shows Promise, but Revenue Tells Different Story
July 26, 2023  |  Social Commerce

Quarter after quarter, retailers have been singing the same old song, citing macroeconomic challenges as the hook. While the hook remains the same, there’s a...

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Big Tech’s ‘Frontier Model Forum’ Tackles ‘Responsible AI’
Big Tech’s ‘Frontier Model Forum’ Tackles ‘Responsible AI’
July 26, 2023  |  Artificial Intelligence

Four Big Tech companies have formed a group focused on responsible artificial intelligence (AI) development. The Frontier Model Forum, comprised of Google, Microsoft, OpenAI and Anthropic, “will draw on the technical...

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Walmart Counters Amazon’s Travel Offering With Expedia Partnership
Walmart Counters Amazon’s Travel Offering With Expedia Partnership
July 26, 2023  |  Retail

Walmart is working with Expedia to offer Walmart+ members deals on travel. The partnership, announced Tuesday (July 25), lets members book trips via the WalmartPlusTravel website and get discounts on...

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Generational Shift Forces Construction Industry Digital Transformation
Generational Shift Forces Construction Industry Digital Transformation
July 26, 2023  |  Supply Chain

The historically fragmented industrial economy is getting a modern makeover. And while ecosystem needs are different from geography to geography, a fundamental shift in digital...

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Commercial Payments Trades Legacy Processes for Modern Digital Efficiencies
Commercial Payments Trades Legacy Processes for Modern Digital Efficiencies
July 26, 2023  |  Commercial Payments

Today’s macro climate has firms of all shapes and sizes sharpening their go-forward strategies.  And when faced with the question of buy, build or partner,...

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Why FinTechs Should Never Stop Climbing the ‘Profit Hill’
Why FinTechs Should Never Stop Climbing the ‘Profit Hill’
July 26, 2023  |  Startups

We’re a long way from the halcyon days of FinTech funding just a few years ago. Sezzle CEO Charlie Youakim and Vera Equity Co-founder Jon...

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Visa Direct Transactions Soar 20% as P2P and B2B Use Cases Gain Ground
Visa Direct Transactions Soar 20% as P2P and B2B Use Cases Gain Ground
July 25, 2023  |  Earnings

Visa’s fiscal third-quarter results show traction in new payment flows and management pointed toward resilient customer spending. The payment networks’ most recent results show that overall payments...

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X Offers Discounts and Incentives to Win Back Advertisers
X Offers Discounts and Incentives to Win Back Advertisers
July 25, 2023  |  Social Commerce

X, the social media platform formerly known as Twitter, is reportedly trying to gain back advertisers. The platform is now offering discounted prices and a...

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Deloitte and Chainalysis Ally to Offer Digital Asset Data and Analytics Solutions
Deloitte and Chainalysis Ally to Offer Digital Asset Data and Analytics Solutions
July 25, 2023  |  Cryptocurrency

Deloitte, one of the “Big Four” accounting, consulting and professional service firms, and blockchain analytics firm Chainalysis have announced an alliance to provide digital asset data...

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