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PYMNTS
25.12.2024
Jet.AI has launched an agentic AI model that helps customers select and book private jets, providing availability, pricing and guidance.
Anatomy Financial has raised $19 million to enable healthcare practices to convert their billing workflows from paper to digital.
Allo has secured a $100 million credit facility to expand its platform that helps institutions and individuals participate in crypto lending.
Five groups representing banks and businesses sued the Federal Reserve, saying its stress testing framework is “opaque” and violates the law.
On average, retailers expect this holiday shopping season’s return rate to be 17% higher than usual. January has been dubbed "Returnuary.”
Perfect Corp. plans to acquire Wannaby to expand Perfect’s virtual try-on technology into luxury markets like shoes, bags and apparel.
To our readers: Best holiday wishes from the staff of PYMNTS for the 2024 holidays and hope for a prosperous 2025.
Seasonal jobs are shifting from retail stores to eCommerce fulfillment centers as businesses respond to changing holiday shopping habits.
Saks Global has completed its previously announced acquisition of Neiman Marcus Group for a total enterprise value of $2.7 billion.
24.12.2024
David’s Bridal says it has acquired wedding media brand Love Stories TV, in tandem with the launch of its Pearl Media Network.
Rocket Homes said Monday (Dec. 23) that it “will not rest” until it sees the dismissal of CFPB allegations of illegal kickbacks.
Manual AP and AR processes can lead to costly errors. Automation is becoming essential for improving a business’s financial health and more.
Apple has pulled in front of Nvidia and Microsoft in the race for a historic valuation of $4 trillion as it grows its investments in AI.
Gift cards for a subscription to Snapchat+ are available at select major retailers through a partnership with Blackhawk Network.
As we head into 2025, D2C brands are changing retail with innovative strategies, from AI-powered personalization to sustainability.
Google is facing a $567 million lawsuit from an arm of Polish eCommerce platform Allegro, in which the company said it suffered losses.
It’s anybody’s guess what might happen to regulatory agencies overseeing financial services, especially the CFPB and FDIC.
2024 wasn’t just a year — it was a playbook. PYMNTS Intelligence didn’t just follow the trends; we wrote the cheat sheet for navigating them.
Wirex added two stablecoins to its digital payments platform, allowing users to spend these currencies directly through their Wirex cards.
23.12.2024
The Connected Economy 100 Index fell 2.8% last week, led by a 3.7% decline in the “Shop” pillar as Shopify’s checkout policies drew scrutiny.
Apple is reportedly developing a doorbell camera that would use Face ID to unlock doors. This camera could be out by the end of next year.
India is one of the most attractive for eCommerce investors. “It’s the tip of the spear of growth,” EMQQ Global Founder Kevin Carter says.
Google’s recent AI efforts have impressed investors with more advanced iterations of its AI models, surpassing the competition.
OpenAI’s new AI effort, known as GPT-5 and code-named Orion, is reportedly over budget, months behind schedule, and not certain to work.
Data shows a 6% of middle-market revenue loss is tied to uncertainty, with 76% of analytics-driven strategies proving successful.
Zillennials’ use of digital wallets is reshaping business approaches to payment options across industries.
Splitit CEO Nandan Sheth says as merchants white-label card-linked installment plans, customers spend more while earning rewards.
OpenAI is readying an AI model, called o3, offering more evolved humanlike reasoning to solve more complicated, multistep problems.
With Bluesky’s rising popularity comes troubles in the form of an increasing number of scammers and other bad actors.
21.12.2024
Boon announced $20.5 million in combined seed and Series A funding to build an artificial intelligence platform for commercial fleets.
UAE-based startup CredibleX has raised $55 million in a seed round to grow and broaden its embedded finance solutions for SMBs.
Mastercard has finalized its previously announced acquisition of threat intelligence company Recorded Future.
Deutsche Bank Securities will pay a $4 million fine to settle SEC charges that it failed to file certain Suspicious Activity Reports on time.
Beginning Monday (Dec. 23), moviegoers will be able to pay for ticket and concession purchases at Regal theaters with the USDC stablecoin.
Consumer sentiment rose in December, reaching the highest point since April but remaining below its pre-pandemic level.
Germany-based venture capital fund Robin Capital closed its Robin Fund One at 13 million euros (about $13.6 million).
The convergence of AI, real-time technologies and payments innovations has set the stage for a new era in CFO and treasury functions.
Frequently, behind the twinkling lights and festive cheer of the holidays lies a marketing campaign that captured the essence of the moment.
The FTC has finalized an order requiring Marriott to implement a comprehensive information security program.
20.12.2024
Google reportedly plans to add an AI Mode option to its Search page, enabling u.ers to get conversational answers from a chatbot.