News

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

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Supply Chain Enhancements Could Mitigate Impact of Baltimore Tragedy 
Supply Chain Enhancements Could Mitigate Impact of Baltimore Tragedy 
April 01, 2024  |  Supply Chain

While government crews continue to work on opening up a temporary, alternate shipping route around the site of last week’s catastrophic bridge collapse, how the incident will...

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Retailers’ Online Shoppers Demand Easy Returns
Retailers’ Online Shoppers Demand Easy Returns
April 01, 2024  |  eCommerce

When consumers choose which retailers to shop with online, the returns process is top of mind. By the Numbers The PYMNTS Intelligence report “The Online...

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Digital Merchants Tap Physical Pop-Ups to Drive Deeper Customer Connections
Digital Merchants Tap Physical Pop-Ups to Drive Deeper Customer Connections
April 01, 2024  |  Retail

As eCommerce merchants look for ways to win the trust of and build connection with their shoppers, some are turning to pop-ups to create real-world...

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Sam Altman Removed as Head of OpenAI VC Fund
Sam Altman Removed as Head of OpenAI VC Fund
April 01, 2024  |  artificial intelligence

OpenAI CEO Sam Altman no longer controls the company’s venture capital fund. The artificial intelligence (AI) company has changed the fund’s governance, removing Altman as its...

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PhonePe and Mashreq Partner to Enable UPI Payments in UAE
PhonePe and Mashreq Partner to Enable UPI Payments in UAE
April 01, 2024  |  Partnerships

Indian citizens visiting or working in the United Arab Emirates can now use the PhonePe app to make payments using the United Payments Interface (UPI) at Mashreq’s Neopay terminals. These transactions...

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Hulu, Disney+ Bundle Gives Streaming Subscriptions Monetization Boost
Hulu, Disney+ Bundle Gives Streaming Subscriptions Monetization Boost
April 01, 2024  |  Streaming

Streaming subscription commerce has become a cornerstone of modern entertainment, offering users access to a vast array of content with a simple tap on their...

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Cognition Labs Aims to Revolutionize Coding With AI
Cognition Labs Aims to Revolutionize Coding With AI
April 01, 2024  |  artificial intelligence

As the world becomes more connected and digital, coding, previously confined to specialized computer programmers, now influences everything from our daily communication and online shopping...

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Banks up Against $2 Trillion ‘Wall’ of Real Estate Debt
Banks up Against $2 Trillion ‘Wall’ of Real Estate Debt
April 01, 2024  |  Debt

Banks are facing a $2 trillion “wall” of property debt, according to an American brokerage. As such, lenders must reduce their exposure to commercial real estate as...

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Nuvei Goes Private in $6.3 Billion Sale to Advent International
Nuvei Goes Private in $6.3 Billion Sale to Advent International
April 01, 2024  |  Acquisitions

Canadian payments FinTech Nuvei is set to become a private company. Nuvei announced the $6.3 billion deal with private equity firm Advent International on Monday (April 1), three weeks after reports...

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