News

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

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Exclusive: Markaaz Introduces Global Business Identity Platform
Exclusive: Markaaz Introduces Global Business Identity Platform
May 06, 2024  |  Monday Meetup

A new global business identity platform is on the scene, enabling banks, FinTechs and enterprises to verify and onboard businesses of all sizes, particularly smaller...

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Technology and Data Pave the Way for Improved B2B Payments
Technology and Data Pave the Way for Improved B2B Payments
May 06, 2024  |  Opinion

Data integrity and technology that provides flexibility are key for businesses in a dynamic market, Boost Payment Solutions CFO Mariana Lamson writes in the new...

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CE 100 Index Rises 0.7% as Earnings Drive Lifestyle Categories
CE 100 Index Rises 0.7% as Earnings Drive Lifestyle Categories
May 06, 2024  |  Connected Economy

The CE 100 Index gained 0.7%, buoyed by continued earnings reports that boosted the fortunes of the Shop and Live pillars. Shares of Koninklijke Philips...

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Report: Private Equity Pushing Onto Bank’s Low-Risk Loan Turf
Report: Private Equity Pushing Onto Bank’s Low-Risk Loan Turf
May 05, 2024  |  Loans

Private equity companies are reportedly stepping up efforts to compete with banks on low-interest loans. For example, the Financial Times (FT) reported last week, Apollo Global has...

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Apple AI Could Produce ‘Really Really Good’ Version of Siri
Apple AI Could Produce ‘Really Really Good’ Version of Siri
May 05, 2024  |  artificial intelligence

What if Apple’s voice assistant Siri “was really, really, really good?” That question is at the heart of much of the tech giant’s artificial intelligence (AI)...

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Crypto Firms Engage in Aggressive Fundraising to Boost Valuations
Crypto Firms Engage in Aggressive Fundraising to Boost Valuations
May 05, 2024  |  Cryptocurrency

Cryptocurrency startups are reportedly engaging in aggressive fundraising as the digital asset space recovers. As Bloomberg News reported Saturday (May 4), this approach entails an...

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Warren Buffett Warns of AI Use in Scams
Warren Buffett Warns of AI Use in Scams
May 05, 2024  |  artificial intelligence

Berkshire Hathaway’s Warren Buffett has compared the development of artificial intelligence (AI) to the atomic bomb. Just like that invention, the multibillionaire said Saturday (May 4)...

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Are Consumers ‘Done With Fast Food’ as Prices Climb?
Are Consumers ‘Done With Fast Food’ as Prices Climb?
May 05, 2024  |  Restaurant Roundup

Denis Montenaro, a regular McDonald’s diner, recently came to a decision. “I’m done with fast food,” the 75-year-old California resident told The Wall Street Journal (WSJ) in...

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Mytheresa Aims to Be ‘Winner’ of Luxury eCommerce Downturn
Mytheresa Aims to Be ‘Winner’ of Luxury eCommerce Downturn
May 05, 2024  |  eCommerce

If the luxury eCommerce space is tumbling down, Mytheresa plans to come out on top. “I think there is an understanding in the market that the industry is...

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