News

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

(source: pymnts.com)

Restaurant POS System Provider Lightspeed Considering Going Private
Restaurant POS System Provider Lightspeed Considering Going Private
March 25, 2024  |  Business

Lightspeed, which provides point-of-sale (POS) systems to restaurants, is reportedly considering going private. The firm went public five years ago but Dax Dasilva, interim CEO...

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The Innovation Imperative for Banks Starts With Personalized Digital Experiences
The Innovation Imperative for Banks Starts With Personalized Digital Experiences
March 25, 2024  |  Digital Banking

The traditional banking model and business roadmap for financial institutions needs future-proofing. Across today’s financial services landscape, digital increasingly rules the roost — making prioritizing...

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Carhartt Taps Consumer Data for Personalized Shopping Journeys
Carhartt Taps Consumer Data for Personalized Shopping Journeys
March 25, 2024  |  Retail

As brands and retailers race to offer the most targeted, relevant consumer journey, Carhartt is leveraging data to transform the omnichannel experience. In an interview...

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Amex GBT to Acquire Business Travel Solutions Provider CWT for $570 Million
Amex GBT to Acquire Business Travel Solutions Provider CWT for $570 Million
March 25, 2024  |  Acquisitions

American Express Global Business Travel (Amex GBT) agreed to acquire global business travel and meetings solutions provider CWT for $570 million. The planned acquisition would offer CWT’s 4,000 customers access...

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Binance Charged With Tax Evasion in Nigeria as Exec Escapes
Binance Charged With Tax Evasion in Nigeria as Exec Escapes
March 25, 2024  |  Cryptocurrency

Nigeria has reportedly charged Binance and two of the cryptocurrency exchange’s executives with tax evasion. The charges come with a dramatic wrinkle, as one of those executives, who...

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Credit Card Delinquencies Slip as Charge-Offs Keep Rising
Credit Card Delinquencies Slip as Charge-Offs Keep Rising
March 25, 2024  |  Credit Cards

Credit card delinquencies fell slightly last month while net charge-offs continued with their upward trajectory. That’s according to a report Monday (March 25) by Seeking...

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Will Walmart’s ‘Walmarche’ Strategy Lure High-Income Shoppers?
Will Walmart’s ‘Walmarche’ Strategy Lure High-Income Shoppers?
March 25, 2024  |  Walmart

Last Saturday (March 23), legendary fashion designer Diane Von Furstenberg made her exclusive collection of 200 clothing, baby and household items available for shoppers to...

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J.P. Morgan Payments and Expedia: Platform Ecosystems Demand Treasurers Become Risk Management Professionals
J.P. Morgan Payments and Expedia: Platform Ecosystems Demand Treasurers Become Risk Management Professionals
March 25, 2024  |  Travel Payments

Jim Scurlock, senior director and assistant treasurer at Expedia, and Larson McNeil, co-head of marketplaces and digital ecosystems at J.P. Morgan Payments, told Karen Webster...

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Mastercard’s Partnership With Alipay Connects Digital Wallets to Cross-Border Payments
Mastercard’s Partnership With Alipay Connects Digital Wallets to Cross-Border Payments
March 25, 2024  |  Cross-border Payments

Alan Marquard, head of transfer solutions at Mastercard, told PYMNTS that remittances are ripe for continued transformation — to digital channels, and to digital wallets,...

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