News

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

(source: pymnts.com)

LendingClub Deposits Reach $7.5B as Embedded Finance Beckons   
LendingClub Deposits Reach $7.5B as Embedded Finance Beckons   
April 30, 2024  |  Earnings

LendingClub noted in its latest results that deposits on its balance sheet grew as customers gravitated to high-yield savings products, credit quality was strong — and...

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Google Transitioning Fitbit Pay to Google Wallet in Most Countries
Google Transitioning Fitbit Pay to Google Wallet in Most Countries
April 30, 2024  |  Payment Methods

Google is transitioning its Fitbit Pay contactless payments to Google Wallet in most countries. “Google Wallet is now available for all Fitbit devices that support contactless payments,” a message on the Fitbit Pay web...

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Binance Founder Changpeng Zhao Sentenced to 4 Months in Prison
Binance Founder Changpeng Zhao Sentenced to 4 Months in Prison
April 30, 2024  |  Cryptocurrency

Changpeng Zhao, the founder of cryptocurrency exchange Binance, was sentenced to four months in prison on Tuesday (April 30). The sentencing came after Zhao pleaded guilty...

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Newspapers Sue Microsoft, OpenAI for Using Content to Train AI
Newspapers Sue Microsoft, OpenAI for Using Content to Train AI
April 30, 2024  |  Legal

Eight newspapers owned by Alden Global Capital’s MediaNews Group are reportedly suing Microsoft and OpenAI, alleging that the tech companies used the newspapers’ content to train artificial intelligence (AI) models. ...

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OpenAI Privacy Case Shows Misinformation Is Hard to Cure
OpenAI Privacy Case Shows Misinformation Is Hard to Cure
April 30, 2024  |  artificial intelligence

In the fast-paced world of artificial intelligence, where chatbots like OpenAI’s ChatGPT are all the rage, a new EU privacy complaint is shining a spotlight...

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Pinterest: Consumers Will Adopt Social Commerce If It’s Easy
Pinterest: Consumers Will Adopt Social Commerce If It’s Easy
April 30, 2024  |  Earnings

As consumers seek more frictionless eCommerce experiences, Pinterest is seeing user demand for shoppable features, as long as the purchasing journey is simple and intuitive. ...

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Digits Launches AI Bill Pay for Small Businesses
Digits Launches AI Bill Pay for Small Businesses
April 30, 2024  |  B2B Payments

Accounting software firm Digits has launched AI Bill Pay, an artificial intelligence (AI) accounting platform.  Calling it the world’s first bill pay product to fully understand invoice document...

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SourceDay and Medius Team on Procure-to-Pay Enhancements
SourceDay and Medius Team on Procure-to-Pay Enhancements
April 30, 2024  |  Accounts Payable

Supply chain collaboration platform SourceDay and accounts payable platform Medius are collaborating to enhance procure-to-pay operations for businesses. Through the partnership, firms can get access to autonomous, touchless invoice...

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34% of Gen Z Consumers Say Splurging Contributes to Financial Distress
34% of Gen Z Consumers Say Splurging Contributes to Financial Distress
April 30, 2024  |  Consumer Insights

Spoiler alert: The title of PYMNTS Intelligence’s new report, “Why 60% of Gen Z’s Live Paycheck to Paycheck” gives away a key finding. Six in 10 Generation...

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