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View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

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Proposed Federal AI Oversight Plan Faces Hurdles, Experts Say
Proposed Federal AI Oversight Plan Faces Hurdles, Experts Say
April 18, 2024  |  artificial intelligence

Sen. Mitt Romney’s call for enhanced federal oversight of artificial intelligence (AI) faces hurdles, according to experts, who say the technology’s rapid advancement and wide-ranging...

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Netflix Subscriber Base And Revenue Spike in Q1
Netflix Subscriber Base And Revenue Spike in Q1
April 18, 2024  |  Earnings

The storyline is playing out nicely for Netflix. The streaming company reported its latest earnings on Thursday (April 18), with Wall Street keeping a close eye...

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Report: Getir Faces Investor Pressure to Cut Costs and Restructure
Report: Getir Faces Investor Pressure to Cut Costs and Restructure
April 18, 2024  |  Delivery

Getir, the Turkish grocery delivery company that soared in value during the pandemic, is reportedly grappling with the need to cut costs and restructure as...

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Meta AI Assistant Adds Website, Expands Beyond US
Meta AI Assistant Adds Website, Expands Beyond US
April 18, 2024  |  artificial intelligence

Meta has introduced the latest version of its artificial intelligence (AI) assistant, Meta AI, powered by the latest advances with its large language model (LLM), Meta Llama 3....

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Congress Advances Earned Wage Access Bill as Popularity Grows
Congress Advances Earned Wage Access Bill as Popularity Grows
April 18, 2024  |  Personal Finance

When is a loan not a loan? That is, in one sense, the question at the heart of proposed new federal legislation around earned wage access (EWA)...

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Wagestream Raises $21.8 Million to Expand Financial Well-Being App
Wagestream Raises $21.8 Million to Expand Financial Well-Being App
April 18, 2024  |  Investments

Wagestream, a financial well-being app focused on frontline workers, has raised 17.5 million pounds (about $21.8 million) in a funding round. That total includes an...

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Equifax Says 85% of Its New Models Built With AI
Equifax Says 85% of Its New Models Built With AI
April 18, 2024  |  artificial intelligence

Consumer credit bureau Equifax said artificial intelligence (AI) is playing an increasing role in its operations.  In announcing the company’s quarterly earnings Thursday (April 18), management noted that...

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Consumer Demand for Deals Fuels Rise of Discount Subscriptions
Consumer Demand for Deals Fuels Rise of Discount Subscriptions
April 18, 2024  |  Subscriptions

With consumers seeking more bang for their buck, retail merchants are rising to the occasion, offering discounts for subscribing, PYMNTS Intelligence finds. By the Numbers...

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Financial Challenges Prompt Car Shoppers to Look to Secondhand Options
Financial Challenges Prompt Car Shoppers to Look to Secondhand Options
April 18, 2024  |  Transportation

Economic challenges or no, consumers still need to get where they are going, and many are now opting for secondhand sellers when buying vehicles, unable...

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