Feed Items
CarGurus has added an artificial intelligence-powered search experience to its online platform for buying and selling new and used vehicles.
[contact-form-7]
This search experience allows consumers to use conversational language to discover vehicles that meet their needs, compare models, and refine the search results, the company said in a Monday (June 9) press release.
CarGuru’s Vice...
Chime Financial is reportedly expected to launch its initial public offering (IPO) Thursday (June 12).
[contact-form-7]
When it does so, the FinTech company is expected to be valued at more than $11 billion at the high end of its expected pricing range, The Information reported Monday (June 9).
Chime Financial launched the roadshow for its IPO June 2, saying in a press release that it...
Lovable, an artificial intelligence (AI) startup that enables “vibe coding” to streamline software development, is reportedly in talks to raise at least $100 million at a valuation of at least $1.5 billion.
[contact-form-7]
Those figures would make the Swedish startup one of Europe’s biggest AI newcomers, Bloomberg reported Monday (June 9), saying it got the numbers from unnamed sources...
The news that consumers expect to see a slowdown in inflation is, arguably, optimistic.
[contact-form-7]
As PYMNTS reported Monday (June 9), the Federal Reserve Bank of New York’s latest reading on inflation expectations indicates that households see declines in inflation’s growth — we emphasize the “growth” here, as it still indicates an expected surge in prices through the next year...
JPMorganChase has begun accepting applications for a FinTech accelerator program for U.K. startups.
[contact-form-7]
As American Banker reported Monday (June 9), the Fintech Forward Accelerator is a 12-week, in-person and virtual program for FinTech founders who want to employ technology to develop scalable financial services solutions.
The program, developed by the banking giant and...
Each week, PYMNTS Intelligence details the competition between Walmart and Amazon, two behemoths of commerce, jockeying for share of wallet and hundreds of millions of consumers.
[contact-form-7]
In recent reports, we’ve chronicled the growth in subscriptions used by consumers across both these firms, with more than 30% of consumers having a Walmart+ account.
As detailed in Walmart’s...
The new head of the Social Security Administration (SSA), former Fiserv CEO Frank Bisignano, is working to make the agency a “digital-first organization.”
[contact-form-7]
With his private-sector experience and with help from Department of Government Efficiency (DOGE) staffers, Bisignano aims to make a technological overhaul of the SSA while staying within its budget request and making...
WEX and Sabre Direct Pay have partnered to provide virtual card solutions to travel agencies and other travel intermediaries.
[contact-form-7]
In this strategic global partnership, the customers of Sabre Direct Pay, which is Sabre’s dedicated travel payments hub, will gain access to WEX’s virtual card technology, the companies said in a Monday (June 9) press release.
This combination...
Apple, which has been facing pressure to stake out its own pole position in the Big Tech artificial intelligence arms race, may not see that pressure abate anytime soon.
[contact-form-7]
On Monday (June 9), the company’s much anticipated 2025 Worldwide Developers Conference (WWDC) saw the reveal of new features for Apple Intelligence, the Cupertino giant’s privacy-centric, on-device AI...
Luxury conglomerate LVMH is deploying artificial intelligence (AI) tools throughout its operations, targeting both operational efficiency and customer retention.
[contact-form-7]
The company is using predictive AI, generative AI and AI agents across supply chain, pricing, product design and marketing, The Wall Street Journal (WSJ) reported Monday (June 9).
“Tech is, for me, mandatory to...