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Feed Items

Retail brands are looking to the silver screen to get shoppers excited, so roll out the red carpet for PYMNTS weekender’s roundup of the quirkiest tie-ins of the month. Oreo, for instance, is taking it out of this world with a Lucasfilm partnership, releasing Star Wars Oreo Cookie Packs, where buyers do not know whether they will open it to find that they are on the “dark side” (cookies with red...
Eved has added a prepaid Visa card and an accompanying mobile app to its range of payment and management solutions for the entertainment and media industry. The EvedPay card and mobile app are designed to help companies pay for and manage day-to-day expenses involved with television and film production, the company said in a Thursday (May 30) press release. “Our team has spent hundreds of hours...
Pay later plans — those arrangements enabling consumers to cover purchases over a set period of time — are not only a popular way to shop; they have increasingly become a method to manage spending. Approximately 60% of the consumers PYMNTS Intelligence recently surveyed for a new report said pay later plans help them facilitate better budgeting. This may be one reason that roughly half of those 2...
Walmart is now offering an additional 10 million households the opportunity to have groceries and everyday essentials delivered to their doorstep, garage or kitchen. The retailer’s InHome delivery service has been expanded to include Boston, Detroit, Minneapolis, Philadelphia and three California cities: San Bernardino, Riverside and Ontario, Walmart said in a Friday (May 31) press release. With...
Anthropic, the startup behind the artificial intelligence (AI) assistant Claude, is launching a new “tool use” feature that could change how businesses interact with their customers. The new capability enables businesses to develop custom AI helpers, transforming how they manage customer support inquiries and optimizing their operational processes. It’s one of a growing number of AI assistants in...
For secondhand goods marketplaces to function, they need to attract sellers, and those who want to resell items care about more than whether there are going to be buyers — they want it to be easy. By the Numbers The March edition of the PYMNTS Intelligence series “New Reality Check: The Paycheck-to-Paycheck Report,” titled “Tracking Consumer Use of Supplemental Income Sources,” drew from a survey...
Nvidia’s role in the artificial intelligence market could reportedly make it the world’s second-most valuable company. The chip maker could overtake Apple to assume the position, behind No. 1 ranked Microsoft, Reuters reported Friday (May 31). In January, Microsoft took the top spot from Apple. Nvidia’s growth has been driven by its status as the provider of the chips that power virtually all AI...
Consumers expect fashion retailers to meet their preferences as they evolve, Gap noted on its latest earnings call, with the rise of eCommerce speeding up the trend cycle and demanding that brands become more agile. On a call with analysts Thursday (May 30) discussing Gap Inc.’s first-quarter fiscal 2024 financial results, CEO Richard Dickson said that, across brands, the firm saw positive...
Forward plans to help more software-as-a-service (SaaS) companies add payments as a product after raising $16 million in seed financing. The company will use the new financing to meet the growing demand for this offering and to apply artificial intelligence (AI) to the risk functions of payments, Forward said in a Thursday (May 30) press release. “Most software companies get the technical part...
FintechOS has raised $60 million in a Series B+ investment round to accelerate the global expansion of its financial product management platform. The company’s platform is designed to help banks, insurers and other financial institutions modernize their core infrastructure, FintechOS said in a Thursday (May 30) press release. “We are revolutionizing the financial services industry by providing...