News

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

(source: pymnts.com)

DoorDash and Walgreens Team to Offer SNAP/EBT Payments
DoorDash and Walgreens Team to Offer SNAP/EBT Payments
April 24, 2024  |  Partnerships

DoorDash has teamed with Walgreens to offer SNAP/EBT payments at nearly 7,800 locations. According to its announcement Wednesday (April 24), DoorDash is the first platform that enables SNAP customers to...

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78% of High-Income Women Spend Money on Their Own Medical Care
78% of High-Income Women Spend Money on Their Own Medical Care
April 24, 2024  |  Healthcare

Independent research reveals that women have been underrepresented in many healthcare studies. PYMNTS Intelligence recently set out to dive more deeply into the subject of...

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Parents Are Buying Their Kids Experiences, Not Toys
Parents Are Buying Their Kids Experiences, Not Toys
April 24, 2024  |  Retail

Toy and game companies are seeing sales declines, as parents opt to spend on making memories for their children rather than on new products for...

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Nvidia to Acquire Run:ai to Help Customers Manage AI Computing Resources
Nvidia to Acquire Run:ai to Help Customers Manage AI Computing Resources
April 24, 2024  |  Acquisitions

Nvidia plans to acquire Israeli startup Run:ai, a Kubernetes-based workload management and orchestration software provider. The chipmaker said in a Wednesday (April 24) blog post that it has...

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TikTok Suspends Rewards Program Amid EU Pressure
TikTok Suspends Rewards Program Amid EU Pressure
April 24, 2024  |  Social Commerce

TikTok has suspended a rewards program on TikTok Lite amid a dispute with European Union (EU) regulators. “TikTok always seeks to engage constructively with the EU Commission and...

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CFPB Targets Mortgage Servicer ‘Junk Fees’
CFPB Targets Mortgage Servicer ‘Junk Fees’
April 24, 2024  |  CFPB

America’s consumer finance watchdog is targeting “junk fees” in the mortgage industry. The Consumer Financial Protection Bureau (CFPB) published findings Wednesday (April 24) showing that mortgage servicers — the...

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TikTok Divesture Aftermath Focuses on Potential Suitors
TikTok Divesture Aftermath Focuses on Potential Suitors
April 24, 2024  |  Regulation

The clock is running out on TikTok’s U.S. ambitions. President Joe Biden on Wednesday (April 24) signed a bipartisan measure that gives TikTok’s owner, Chinese...

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Synchrony Earnings Show Consumer Momentum, Concern Over Late Fee Rules
Synchrony Earnings Show Consumer Momentum, Concern Over Late Fee Rules
April 24, 2024  |  Earnings

Synchrony Financial reported its Q1 earnings Wednesday (April 24), showing broad-based growth throughout its lending and credit platforms, continued momentum in consumer spending and some...

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Chamber of Commerce Plans to Sue to Overturn FTC Non-Compete Ban
Chamber of Commerce Plans to Sue to Overturn FTC Non-Compete Ban
April 24, 2024  |  Legal

The U.S. Chamber of Commerce is blasting the FTC’s new ban on non-compete clauses. Soon after the Federal Trade Commission (FTC) imposed the ban on Tuesday (April 23),...

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