PYMNTS News

Kuwait Imposes ‘Absolute Prohibition’ on Crypto Payments
Kuwait Imposes ‘Absolute Prohibition’ on Crypto Payments
July 20, 2023  |  Cryptocurrency

Kuwait has outlawed the use of cryptocurrency in payments or investments to prevent money laundering. Regulations unveiled earlier this week by the country’s Capital Markets Authority (CMA) place...

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Macy’s, Nike Launch Inclusive Fits for Decreased Returns
Macy’s, Nike Launch Inclusive Fits for Decreased Returns
July 20, 2023  |  Retail

If a coat or a pair pants were tailored to your body, what’s the likelihood of you returning it? Probably slim. But what if tailoring...

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Netflix Continues to Cut Offerings, Grows by 6 Million Subscribers 
Netflix Continues to Cut Offerings, Grows by 6 Million Subscribers 
July 20, 2023  |  Subscription Commerce

While subscriptions-based services feel the need to overcompensate to get a subscriber, Netflix is doing the opposite. In fact, it continues to give less and...

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Kim Kardashian’s Skims Captures $4 Billion Valuation
Kim Kardashian’s Skims Captures $4 Billion Valuation
July 20, 2023  |  Retail

Kim Kardashian’s business empire is now worth $4 billion more. The influencer/mogul’s apparel company Skims has been valued at $4 billion following a $270 million funding round,...

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Report: Google Pitches ‘Unsettling’ AI Journalism Tool to Newspapers
Report: Google Pitches ‘Unsettling’ AI Journalism Tool to Newspapers
July 20, 2023  |  artificial intelligence

Google is reportedly pitching newspapers a tool that uses artificial intelligence (AI) to craft articles. The tech giant has met with executives from The New York...

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Automation Transforms AP Departments From Cost Centers to Value Adds
Automation Transforms AP Departments From Cost Centers to Value Adds
July 20, 2023  |  Accounts Payable

It’s a hands-free hand-off as firms look to modernize their accounts payable (AP) payments processes. That’s because, in a consumer landscape where everything has gone...

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Columbia Business School Professor Says Academia’s Embrace of ChatGPT Can Do More Good Than Harm
Columbia Business School Professor Says Academia’s Embrace of ChatGPT Can Do More Good Than Harm
July 20, 2023  |  artificial intelligence

Since the explosion of generative AI onto the scene last November, ChatGPT has been making waves across various sectors and industries.  In the education space,...

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How ‘Get the Look’ Contextual Commerce Drives Product Discovery and Conversions
How ‘Get the Look’ Contextual Commerce Drives Product Discovery and Conversions
July 20, 2023  |  Retail

As artificial intelligence (AI) runs rampant in the retail industry, augmented reality (AR) solutions, high-quality imagery, relevant product recommendations and all attempts to get personalized...

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DoorDash Beats Out Uber Eats and Grubhub in Food Delivery Race
DoorDash Beats Out Uber Eats and Grubhub in Food Delivery Race
July 19, 2023  |  Delivery

Much like other highly competitive sectors, the aggregator market is dominated by the top three leaders and then the rest when it comes to usage. A...

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