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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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81% of Small Businesses Get Paid via Ad Hoc Payments
81% of Small Businesses Get Paid via Ad Hoc Payments
April 30, 2024  |  SMBs

Eight in 10 small- to medium-sized businesses (SMBs) get paid via ad hoc payments for the goods and services they provide to larger organizations. The...

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Walmart to Close Health Centers, Telehealth Offering Amid ‘Lack of Profitability’
Walmart to Close Health Centers, Telehealth Offering Amid ‘Lack of Profitability’
April 30, 2024  |  Walmart

Walmart is shutting down its health centers and telehealth offering, saying there is not a sustainable business model for these operations to continue. The company will...

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Scotiabank Names Travis Machen to Head Global Markets Unit
Scotiabank Names Travis Machen to Head Global Markets Unit
April 30, 2024  |  Personnel

Canada’s Scotiabank has a new CEO for its global banking and markets (GBM) business. Travis Machen, who joins the bank from Morgan Stanley, is set to take on...

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Apple Beefs up AI Talent Pool by Recruiting From Google
Apple Beefs up AI Talent Pool by Recruiting From Google
April 30, 2024  |  Artificial Intelligence

Apple has reportedly hired away dozens of artificial intelligence experts from Google. That’s according to a Tuesday (April 30) report by the Financial Times (FT), which analyzed...

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Rite Aid and Uber Eats Add Alcohol Delivery in 8 States
Rite Aid and Uber Eats Add Alcohol Delivery in 8 States
April 30, 2024  |  Retail

Rite Aid has expanded its partnership with Uber Eats to include alcohol delivery in eight states. With this expansion, the pharmacy chain and the on-demand app now offer...

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Swap Raises $9 Million to Launch Global eCommerce Platform
Swap Raises $9 Million to Launch Global eCommerce Platform
April 30, 2024  |  Cross Border Commerce

Swap has raised $9 million in a Series A round to launch its global eCommerce platform designed to facilitate cross-border shipments. The new Swap Global will...

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Walmart Debuts ‘bettergoods’ in Massive Private Label Expansion
Walmart Debuts ‘bettergoods’ in Massive Private Label Expansion
April 30, 2024  |  Retail

Walmart is expanding its private-label offerings with the debut of “chef-inspired” food brand bettergoods. Announced Tuesday (April 30), bettergoods represents Walmart’s largest private-brand food rollout in two decades,...

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Why Measuring the ROI of Transformative Technology Like GenAI Is So Hard
Why Measuring the ROI of Transformative Technology Like GenAI Is So Hard
April 30, 2024  |  artificial intelligence

Google’s market cap topped $2 trillion last week after quarterly earnings convinced investors that demand for its GenAI platform was not only strong but being...

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Report: Goldman Could Hand off GM Card to Barclays
Report: Goldman Could Hand off GM Card to Barclays
April 30, 2024  |  Banking

Goldman Sachs is reportedly closer to exiting its General Motors credit card business. The banking giant is in discussions with Barclays to transfer the issuance...

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