News

Ridesharing
Uber, Lyft to Exit Minneapolis After Minimum Wage Vote
March 15, 2024

Uber and Lyft will reportedly halt their operations in Minneapolis after the city council voted to require that drivers be paid a minimum wage of $15.57 per hour. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

eCommerce
Mercado Libre Investing $2.5 Billion to Bolster Growth in Mexico
March 15, 2024

Latin American eCommerce and payments firm Mercado Libre is reportedly set to invest a record $2.5 billion in Mexico this year, up from the $1.6 billion spent in 2023. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Google’s New Bulk Email Guidelines Incentivize Better Digital B2B Strategies 
March 15, 2024

The digitization of the B2B space, from payments to marketplaces, is well-trodden ground by now. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Security & Fraud
Old School Fraud: Counterfeit Cash Makes Global Comeback
March 15, 2024

While we were all watching online fraud, social engineering and ransomware, an old school financial crime tactic is rearing its ugly head. Counterfeit banknotes are making a comeback back all over the world, exposing in-store merchants and restaurants to potential lost revenue. Get the Full...

Artificial Intelligence
This Week in AI: Optimism, EU Regulations and Lightweight Bots
March 15, 2024

This week in artificial intelligence (AI) news, a study examined different views on AI’s future, while the EU is moving forward with strict AI laws. Meanwhile, smaller and more efficient chatbots, like Inflection’s Pi upgrade, are making AI cheaper and more accessible for businesses, showing...

Payment Methods
SAP Adds Composable Payment Solution to Commerce Cloud
March 15, 2024

SAP has launched a composable payment solution designed to help retailers add new payment options. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Retail
Home Depot Adds Security Measures, Remains Committed to High-Theft Locations
March 15, 2024

Despite rampant retail theft forcing many retailers to close their doors, Home Depot has reportedly reaffirmed its commitment to major U.S. cities such as Detroit, Philadelphia and Oakland, California. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Making Sense of No- and Low-Code B2B Payments Technology
March 15, 2024

B2B payments are famously, even infamously, complex. They entail multiple parties and high transaction volumes, all frequently moved across legacy systems that often necessitate the manual reconciliation of invoice details, payment terms, vendor information and more.  Get the Full Story Complete the form to unlock...

Security & Fraud
UHC/Change Healthcare Hack Sows Negative Ripple Effects From a ‘Single Point’ of Failure
March 15, 2024

There’s a metaphor here — somewhere. A butterfly flaps its wings, a hurricane ensues. A rock in a pond sets waves in motion that reach distant shores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...