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For transformation to succeed, it needs to move beyond hype to hard numbers.
After all, executives can overestimate short-term gains and underestimate long-term phase-shifts when it comes to digital innovation.
But the PYMNTS Intelligence August 2025 CAIO Report, “From Experiment to Imperative: US Product Leaders Bet on Gen AI,” reveals that the adoption curve of generative artificial...
Dynamic pricing is having a dynamic week. On one hand, it has moved further into the mainstream, with FIFA confirming that tickets for the 2026 World Cup will fluctuate with demand. At the same time, California lawmakers killed two bills targeting algorithmic price-setting and narrowed a third to cover only grocery stores. The twin developments capture the policy-market split now shaping how...
Lululemon Athletica aims to leverage artificial intelligence (AI) and technology to enhance its ability to develop new products and bring them to market.
While reporting that the athletic apparel, footwear and accessories company is “not happy with the current results in the U.S. business,” Lululemon CEO Calvin McDonald said Thursday (Sept. 4) during an earnings call that it is making...
Financial infrastructure provider Stripe and crypto investment firm Paradigm have announced a “payments-first blockchain” called Tempo that is optimized for stablecoins and real-world payments.
Incubated by the two companies, Tempo is a new company that has its own full-time team and is led by Paradigm Co-Founder and Managing Partner Matt Huang, who will also continue in his role at...
Expanding access to credit remains one of the biggest challenges in consumer finance. Legacy systems continue to slow approvals, drive up costs, and limit access to capital. Figure Technology Solutions, in its public filing to offer about 26.3 million shares, is positioning itself as a company that can, among other things, modernize the consumer lending process by embedding artificial...
OpenAI is developing a jobs platform and a certification program designed to help workers and employers thrive in an economy that increasingly uses artificial intelligence (AI).
In a Thursday blog post announcing these new initiatives, Fidji Simo, CEO of applications at OpenAI, wrote that AI will unlock opportunities but will also be disruptive.
“At OpenAI, we can’t eliminate that...
The Federal Trade Commission (FTC) reportedly plans to study privacy harms and other risks posed to children and other users of artificial intelligence (AI)-powered chatbots.
The study will also gather information on how AI services store and share data, Bloomberg reported Thursday (Sept. 4), citing unnamed sources.
The FTC will use its authority to compel companies to turn over...
Lead Bank raised $70 million in a Series B funding round that brought its post-money valuation to $1.47 billion.
The company is a state-chartered bank, offers a banking-as-a-service (BaaS) platform for FinTechs and digital asset companies, and provides full-service business and personal banking to clients across the U.S., according to a Thursday (Sept. 4) press release.
In the release...
In the hierarchy of business expenses, the cost of a postage stamp rarely registers. Particularly when compared to capital equipment, raw materials or enterprise software.
That could be why, despite advances in electronic transfers, automated clearing house (ACH) systems, and real-time payment networks, as much as 40% of B2B transactions still flow through the mail.
Yet this summer,...
Chase is using Nova Credit to help power its cash flow underwriting capabilities.
Chase will be employing the credit infrastructure and analytics company’s Cash Atlas for cash flow underwriting, as well as its Credit Passport to access and make decisions with international credit data, according to a Wednesday (Sept. 3) press release.
“These solutions will enable Chase to serve more...