News

Delivery
Delivery Hero Suspends Plans to Sell Foodpanda Business
February 22, 2024

Delivery Hero has ended discussions to sell its foodpanda business in Southeast Asia. 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 Today. By...

Artificial Intelligence
Databricks Doubles Down on Data to Bring AI to Fortune 500
February 22, 2024

For all its technological complexity, artificial intelligence (AI) rests on one very simple foundation: data. 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,...

Delivery
Uber Eats Takes Its Robot Delivery Show on the Road
February 22, 2024

As on-demand delivery aggregators look to automation to reduce labor costs, Uber sees the opportunity to roll out autonomous sidewalk robots in dense cities worldwide — but only for certain kinds of orders. Get the Full Story Complete the form to unlock this article and...

Artificial Intelligence
Disney’s 2024 Accelerator Program Participants Include 3 AI-Focused Companies
February 21, 2024

The Walt Disney Company has announced the 2024 participant companies chosen in the 10th year of the Disney Accelerator program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Banking
Regions Financial Managing Deposit Costs, Expecting Fed Interest Rate Cuts
February 21, 2024

Regions Financial is shortening the tenors of certificates of deposits (CDs). 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 Today. By completing this...

Payments Innovation
Roblox Game Developer Earnings Leap 19% in 2023
February 21, 2024

Roblox game developers earned a record $741 million in 2023. 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 Today. By completing this form,...

Investments
Spektr Raises $5.4 Million to Expand Automation-Led Compliance Solution
February 21, 2024

Spektr came out of stealth and announced it raised 5 million euros (about $5.4 million) in a seed round. 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...

Retail
US Smartphone Sales Dip 10% as Consumers Delay Upgrades
February 21, 2024

According to data from Counterpoint Research, U.S. consumer demand for smartphones fell 10% in January. 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...

Investments
Simetrik Raises $55 Million to Enhance B2B Financial Automation Platform
February 21, 2024

Simetrik, a B2B financial automation platform founded in Colombia in 2019, raised $55 million in a Series B funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....