The New York Times plans to put its top podcasts behind a paywall. The company is considering giving only subscribers access to new episodes of “Serial,” and allowing nonsubscribers to access only the three most recent episodes of “The Daily,” The Wall Street Journal (WSJ) reported Tuesday (June 25), citing unnamed sources. Over time, it […]
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The Consumer Financial Protection Bureau (CFPB) has extended the compliance dates for its small business lending rule pursuant to court orders. A federal court in Texas stayed the rule last year, pending a Supreme Court decision that was handed down in May, and required the CFPB to extend the rule’s compliance deadlines to compensate for the period […]
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Stability AI said Tuesday (June 25) that it secured “significant” new funding from an investment group and appointed a new CEO and a new executive chairman. The new capital and leadership will accelerate the company’s growth and ability to deliver generative artificial intelligence (AI) products, Stability AI said in a Tuesday press release. The firm’s […]
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July Fourth is just around the corner and, if you haven’t already done so, there is still time to make last-minute travel plans. But be warned: about half of Americans who plan to travel already have their vacation itineraries mapped out. In fact, according to PYMNTS Intelligence’s summer travel edition of our “Consumer Credit Economy […]
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It’s time to take stock of global digital engagement. The pandemic has finally faded into memory and the flurry of consequential payments innovation has given way to a new round of products, features and applications. In short: Consumers are settling into reliable patterns for their digital lives. Analyzing it can finally yield predictable results. With […]
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Google is adding its artificial intelligence (AI) assistant, Gemini, to the side panel of Gmail. The rollout of this feature on both web and mobile began Monday (June 24), the company said in a Monday blog post. The AI assistant will be available to Google Workspace customers with the Gemini Business and Enterprise add-on, the Gemini […]
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Identity verification and fraud prevention firm FiVerity is launching its Identity Trust Management platform. The platform integrates features such as enhanced know your customer (KYC) measures, fraud investigation, continuous monitoring, actionable insights, reporting and orchestration, the company said in a Tuesday (June 25) news release. The platform aims to offer companies a comprehensive way to […]
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A potential combination of meal delivery companies Doordash and Deliveroo was reportedly discussed but rejected in May. Doordash approached Deliveroo about acquiring that company at that time, but talks between the two firms ended when they couldn’t agree on a valuation, Reuters reported Tuesday (June 25). There are no talks going on now, according to the report. The […]
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Pricefx has introduced new artificial intelligence (AI) capabilities for its software-as-a-service (SaaS) software pricing platform. “The new version of its price management, optimization and CPQ [configure price quote] platform helps customers to achieve a faster time-to-value by supporting the widest range of out-of-the-box AI Optimization business use cases on the market today,” the firm said […]
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OpenAI is reportedly taking added measures to restrict China’s access to artificial intelligence (AI) software. As Bloomberg News reported Tuesday (June 25), that means enforcing a policy the company already has to bar users in nations other than the territory the company supports. According to the report — citing screenshots posted on social media — […]
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Payment infrastructure solution firm Payabli raised $20 million in a Series A round. The Software-as-a-Service (SaaS) company plans to use the funding to drive product development and reinforce security and scalability, according to a Tuesday (June 25) news release. The company also plans to grow its customer base and enable its current software partners to […]
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Target is seeking a new head of marketing amid a spate of leadership changes. The retail giant’s current chief marketing officer, Lisa Roath, has been named Target’s new chief merchandising officer for food, essentials and beauty, scheduled to take on that role early next year, the company announced Tuesday (June 25). She will remain as […]
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Walmart’s sales in the current quarter won’t be as strong as they were in the previous quarter, Walmart Chief Financial Officer John Rainey reportedly said Tuesday (June 25). Speaking at the Bank of America London Investor Conference, Rainey said the current quarter, the second quarter, is “certainly” the retailer’s most challenging quarter from a comp […]
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Monos is growing its brick-and-mortar presence, a move that is not only opening a new sales channel, but also boosting its eCommerce business. In an interview with PYMNTS, Victor Tam, CEO of the direct-to-consumer (D2C) travel and luggage brand, shared that the company’s Friday (June 21) announcement of its second in-person retail location follows the […]
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When it comes to shopping, consumers are turning to physical stores more for groceries than any other kind of purchase. By the Numbers For the report “Consumer Interest in an Everyday App,” created in collaboration with PayPal, PYMNTS Intelligence surveyed more than 2,200 U.S. consumers about, among other matters, how they use internet-connected platforms for various […]
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Norm Ai has raised $27 million in a Series A funding round to expand its artificial intelligence (AI)-powered regulatory compliance platform. With this new capital, the company will continue to expand its platform and grow its client base, Norm Ai said in a Tuesday (June 25) press release. “I’ve been conducting research at the intersection […]
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