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The year-end-splurge online may come as no surprise.
The pullback in the first quarter may come as no surprise, either.
The overall movement is upward — where eCommerce is following a long-term trend, moving beyond pre-pandemic levels and showing staying power. But the volatility is also in evidence.
The read across here is that omnichannel commerce, or brick-and-mortar channels, are continuing...
The year-end-splurge online may come as no surprise.
The pullback in the first quarter may come as no surprise, either.
The overall movement is upward — where eCommerce is following a long-term trend, moving beyond pre-pandemic levels and showing staying power. But the volatility is also in evidence.
The read across here is that omnichannel commerce, or brick-and-mortar channels, are continuing...
OpenAI reportedly effectively dissolved its “superalignment team,” which was dedicated to ensuring the safety of future advanced artificial intelligence systems.
The decision came in the wake of the departure of the team’s leaders, Bloomberg reported Friday (May 17).
Rather than maintaining the team as a separate entity, OpenAI has chosen to integrate its members into the company’s overall...
OpenAI reportedly effectively dissolved its “superalignment team,” which was dedicated to ensuring the safety of future advanced artificial intelligence systems.
The decision came in the wake of the departure of the team’s leaders, Bloomberg reported Friday (May 17).
Rather than maintaining the team as a separate entity, OpenAI has chosen to integrate its members into the company’s overall...
Google’s latest unveiling of artificial intelligence (AI)-powered search tools has sent ripples through the business world, prompting leaders to rethink their digital strategies. The tech giant’s new features promise to disrupt online information retrieval, leaving companies scrambling to understand and adapt.
With Google’s AI search tools set to redefine how users access information, business...
The Consumer Financial Protection Bureau sued SoLo Funds, alleging that the online lending platform used “digital dark patterns” to illegally collect fees from borrowers.
The lawsuit also alleged that SoLo Funds misrepresented the cost of loans, made false threats, collected money consumers didn’t owe, and created a credit scoring model with no safeguards, the agency said in a Friday (May 17) ...
Millennials and Generation Z consumers are not satisfied choosing between digital and physical channels to do their grocery shopping — they want it all.
By the Numbers
The PYMNTS Intelligence study “ConnectedEconomy Monthly Report: The Urban-Rural Health Divide Edition” drew from a survey of nearly 2,500 U.S. consumers about how they engage with digital technologies in various aspects of their...
The impact of the pandemic on consumers’ geographic distribution has continued, with shoppers increasingly residing outside of major urban areas, and this trend away from cities is decelerating retail’s digital shift.
PYMNTS’ Q1 eBook, “The Implications of Uncertainty,” collects insights from 18 payments industry executives to understand how data can help firms navigate unpredictable times. Alex...
The House Financial Services Committee (HFSC) voted Thursday (May 16) to advance a bill that would raise the asset thresholds for several regulations covering banks from $10 billion to $50 billion.
The Bank Resilience and Regulatory Improvement Act (H.R. 8337) will now move to the full House for consideration, the HFSC said in a Thursday press release.
The bill would raise the asset thresholds...
As consumers look for simpler and more intuitive eCommerce experiences, Harvest Hosts sees providing more payment options as key to meeting shoppers’ demand to be able to control how they manage their spending.
In an interview with PYMNTS, Neel Mehta, head of product for the company, which provides RV camping memberships, spoke to how the brand leverages its consumer-facing tech stack, made up of...