News

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

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Uber, Lyft to Exit Minneapolis After Minimum Wage Vote
Uber, Lyft to Exit Minneapolis After Minimum Wage Vote
March 15, 2024  |  Ridesharing

Uber and Lyft will reportedly halt their operations in Minneapolis after the city council voted to require that drivers be paid a minimum wage of...

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Mercado Libre Investing $2.5 Billion to Bolster Growth in Mexico
Mercado Libre Investing $2.5 Billion to Bolster Growth in Mexico
March 15, 2024  |  eCommerce

Latin American eCommerce and payments firm Mercado Libre is reportedly set to invest a record $2.5 billion in Mexico this year, up from the $1.6...

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Canary Technologies and Adyen Partner on Payment Solution for Hotels
Canary Technologies and Adyen Partner on Payment Solution for Hotels
March 15, 2024  |  Partnerships

Canary Technologies has partnered with Adyen to help hotels enable seamless and secure transactions for their guests. The collaboration features the integration of Canary Technologies’ global Guest Experience Platform with...

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California Forges Ahead With AI Rules as Federal Regulations Lag Behind
California Forges Ahead With AI Rules as Federal Regulations Lag Behind
March 15, 2024  |  artificial intelligence

California’s recent vote to regulate artificial intelligence (AI) and personal data use by businesses underscores growing concern over the risks posed by these technologies in...

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Google’s New Bulk Email Guidelines Incentivize Better Digital B2B Strategies 
Google’s New Bulk Email Guidelines Incentivize Better Digital B2B Strategies 
March 15, 2024  |  Retail

The digitization of the B2B space, from payments to marketplaces, is well-trodden ground by now. But that doesn’t mean that the increasingly online modus operandi for...

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PAR Technology Acquires TASK, Stuzo to Expand Unified Commerce Offerings
PAR Technology Acquires TASK, Stuzo to Expand Unified Commerce Offerings
March 15, 2024  |  Acquisitions

PAR Technology has acquired TASK Group and Stuzo Holdings to expand its unified commerce software offerings. These acquisitions will expand the global food service technology...

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Old School Fraud: Counterfeit Cash Makes Global Comeback
Old School Fraud: Counterfeit Cash Makes Global Comeback
March 15, 2024  |  Security & Fraud

While we were all watching online fraud, social engineering and ransomware, an old school financial crime tactic is rearing its ugly head. Counterfeit banknotes are...

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Groupon Taps Gifting Opportunity to Drive Spending Amid Cutbacks
Groupon Taps Gifting Opportunity to Drive Spending Amid Cutbacks
March 15, 2024  |  Earnings

As consumers splurge on gifts in spite of other budgetary cutbacks, Groupon is looking to capture this lucrative opportunity. The eCommerce marketplace shared on a...

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This Week in AI: Optimism, EU Regulations and Lightweight Bots
This Week in AI: Optimism, EU Regulations and Lightweight Bots
March 15, 2024  |  Artificial Intelligence

This week in artificial intelligence (AI) news, a study examined different views on AI’s future, while the EU is moving forward with strict AI laws....

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