News

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

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Emagia Launches B2B Payments Orchestration Platform for Global Enterprises
Emagia Launches B2B Payments Orchestration Platform for Global Enterprises
April 16, 2024  |  B2B Payments

Emagia has launched an artificial intelligence (AI) platform designed to streamline business-to-business (B2B) payments orchestration for global enterprises. GiaPay is available as a stand-alone solution or...

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LVMH Sees Aspirational Consumers Pulling Back on Luxury Amid Inflation 
LVMH Sees Aspirational Consumers Pulling Back on Luxury Amid Inflation 
April 16, 2024  |  Retail

With the moderately well-off shopper spending differently than the high-earner, luxury brands are seeing aspirational shoppers forced to give up their favorite indulgences. On a...

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AI-Powered Apps Streamline Team Collaboration
AI-Powered Apps Streamline Team Collaboration
April 16, 2024  |  artificial intelligence

Artificial intelligence (AI) chatbots are already conversing with you and are now here to enhance teamwork. Snap, a new app by Swit Technologies, is among...

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UnitedHealth Takes $872 Million Hit From Ransomware Attack
UnitedHealth Takes $872 Million Hit From Ransomware Attack
April 16, 2024  |  Earnings

The recent cyberattack on UnitedHealth Group’s Change Healthcare unit cost the company $872 million. Speaking during an earnings call Tuesday (April 16), CEO Andrew Witty said a bulk of that...

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Finmid Raises $37 Million to Enable Embedded Financing in Europe
Finmid Raises $37 Million to Enable Embedded Financing in Europe
April 16, 2024  |  Investments

Finmid has emerged from stealth and announced it has raised 35 million euros (about $37 million) to expand its embedded financing solution to businesses across...

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Instant Payments Fuel Tipping’s Digital Evolution
Instant Payments Fuel Tipping’s Digital Evolution
April 16, 2024  |  Payment Methods

From restaurants to rideshare platforms and hospitality, the rise of digital tipping is reshaping how consumers express gratitude for service. This shift toward digital gratuity...

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Lendica and EBizCharge Partner on Embedded Business Credit Solution
Lendica and EBizCharge Partner on Embedded Business Credit Solution
April 16, 2024  |  B2B Payments

Lendica and EBizCharge have partnered to launch an embedded business credit solution for small and medium-sized businesses (SMBs) in the United States. This collaboration brings...

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Congress Calls for Proactive Policies to Combat Security Breaches
Congress Calls for Proactive Policies to Combat Security Breaches
April 16, 2024  |  Cybersecurity

The internet looks very small to an attacker, but massive to a defender. And a persistent reality of the 21st century’s connected economy is that...

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Amazon Puts All Three Claude AI Models on Bedrock
Amazon Puts All Three Claude AI Models on Bedrock
April 16, 2024  |  artificial intelligence

Amazon Bedrock now features all three versions of Anthropic’s Claude 3 artificial intelligence (AI) model. That makes Bedrock the first and thus far only managed service to make all three...

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