News

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

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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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RBC Capital Markets Launches Cash Management Solution
RBC Capital Markets Launches Cash Management Solution
April 16, 2024  |  Spend Management

RBC Capital Markets has launched a cloud-native cash management solution designed for Fortune 1000 companies in the United States. The new RBC Clear platform provides near real-time traceability...

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Shoppers Strain Under Burden of Ongoing CPG Price Hikes
Shoppers Strain Under Burden of Ongoing CPG Price Hikes
April 16, 2024  |  Retail

As leading consumer-packaged goods (CPG) brands continue to raise their prices slowly but persistently, shoppers who are on the fence are looking for more affordable...

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Consumers Say Amazon’s Big Spring Sale Was Stronger Than Walmart+ Week
Consumers Say Amazon’s Big Spring Sale Was Stronger Than Walmart+ Week
April 16, 2024  |  Retail

Last month, Amazon introduced its first-ever Annual Big Spring Sale. Whereas Amazon’s Prime Days events are designed to woo Amazon subscribers into filling their shopping...

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Prove Adds ID Verification Tools to AWS Marketplace
Prove Adds ID Verification Tools to AWS Marketplace
April 16, 2024  |  Identity

Prove has added its customer experience and ID verification/authentication offerings to AWS Marketplace. According to a Tuesday (April 16) news release, the addition lets customers access Prove’s commerce...

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