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

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Marc Lore’s ‘Super App of Mealtime’ Wonder Raises $700 Million
Marc Lore’s ‘Super App of Mealtime’ Wonder Raises $700 Million
March 19, 2024  |  Investments

Wonder has raised $700 million to continue building “the super app of mealtime.” Marc Lore, the serial entrepreneur and former Walmart executive who is founder,...

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DOJ Targets ‘Fake It Till You Make It’ Tech Startups
DOJ Targets ‘Fake It Till You Make It’ Tech Startups
March 19, 2024  |  Regulation

A top federal prosecutor is reportedly targeting startups that defraud investors ahead of going public. Ismail Ramsey, U.S. attorney for the Northern District of California,...

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ShopBack Cuts 24% of Staff Amid BNPL Retreat
ShopBack Cuts 24% of Staff Amid BNPL Retreat
March 19, 2024  |  BNPL

Singapore’s ShopBack is cutting a quarter of its staff as it exits the BNPL space. CEO Henry Chan announced the cuts in a message to employees Tuesday (March 19), saying...

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‘Finfluencers’ Come Under Fire Amid New Social Media Controversy
‘Finfluencers’ Come Under Fire Amid New Social Media Controversy
March 19, 2024  |  Personal Finance

Social media is very much under the microscope lately due to the controversy surrounding a potential TikTok ban and various cases regarding its regulation in front of the...

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Mastercard Expands Cross-Border Offering With Alipay Partnership
Mastercard Expands Cross-Border Offering With Alipay Partnership
March 19, 2024  |  Partnerships

Mastercard is expanding its cross-border payment solutions by connecting to China’s Alipay. The collaboration lets Mastercard’s bank, FinTech and corporate clients offer customers a connection to an...

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Telcos Gear Up for Global 5G Rollouts Amid Increasing Adoption of GenAI
Telcos Gear Up for Global 5G Rollouts Amid Increasing Adoption of GenAI
March 19, 2024  |  artificial intelligence

Generative AI is gaining momentum in the telecommunications industry, offering benefits such as improved customer experiences and operational efficiency. Telecom executives, recognizing its potential, are...

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Galileo Expands BNPL Offering for Banks and FinTechs
Galileo Expands BNPL Offering for Banks and FinTechs
March 19, 2024  |  Buy Now Pay Later

Galileo Financial Technologies has launched an expansion of its buy now, pay later (BNPL) offering. The company now lets banks and FinTechs offer cardholders new post-purchase...

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Thredd Enters US Card Issuing Market With B4B Partnership
Thredd Enters US Card Issuing Market With B4B Partnership
March 19, 2024  |  Partnerships

Payments processor Thredd has entered the U.S. debit and prepaid card issuing market. The company announced this milestone Tuesday (March 19), saying it was happening...

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‘Co-opetition’ Helps Banks and FinTechs Embrace Digital Innovation
‘Co-opetition’ Helps Banks and FinTechs Embrace Digital Innovation
March 19, 2024  |  Banking

Conventional wisdom might hold that the great digital shift has shaken up banking, spurring financial institutions to innovate and push new offerings through digital channels....

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