News

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

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AI Revolutionizes Home Design With Instant, Innovative Solutions
AI Revolutionizes Home Design With Instant, Innovative Solutions
March 22, 2024  |  Artificial Intelligence

A new artificial intelligence program that can design a house in seconds shows how technology is transforming the way we envision and create our living...

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Instant Disbursement Can Stem the Tide of Check Fraud
Instant Disbursement Can Stem the Tide of Check Fraud
March 22, 2024  |  Disbursements

For the bad actors, check fraud is en vogue. For consumers, and for banks, the rising embrace of disbursements may have a positive knock-on effect:...

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Authorities Search Booking.com Offices in Italy in Antitrust Probe
Authorities Search Booking.com Offices in Italy in Antitrust Probe
March 22, 2024  |  ANTITRUST

Italian authorities carried out inspections at the premises of Booking.com (Italia), the local company supporting Booking.com in Italy, Thursday (March 21) as part of an antitrust investigation. The...

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Shoppers Still Buying New Clothes Despite Budget Pressures
Shoppers Still Buying New Clothes Despite Budget Pressures
March 22, 2024  |  Retail

As consumers’ budgetary pressures prompt many to cut back on nonessential purchases, PYMNTS Intelligence research finds that shoppers still splurge on the clothing they want....

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The Cost of Legacy Payments in Light of Innovation’s ROI 
The Cost of Legacy Payments in Light of Innovation’s ROI 
March 22, 2024  |  Payments Innovation

Innovation, particularly within financial services and payments, tends to be centered around speed, cost efficiency and transparency. However, many financial institutions (FIs) with incumbent infrastructure...

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Content Monetization and Investments Define Entertainment’s Digital Transformation
Content Monetization and Investments Define Entertainment’s Digital Transformation
March 22, 2024  |  Ecosystems

As with other industries navigating digital transformation, the entertainment commerce landscape is undergoing a significant evolution. From streaming platforms transforming how people consume media to...

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Social Apps Race to Monetize Shoppable Commerce Opportunity
Social Apps Race to Monetize Shoppable Commerce Opportunity
March 22, 2024  |  Social Commerce

As contextual commerce transforms online shopping, social media platforms are seizing the opportunity to integrate purchasing into their platforms. These apps and websites, once just...

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Bank Regulators Worry About Merger Systemic Risks, Banks About Fraud
Bank Regulators Worry About Merger Systemic Risks, Banks About Fraud
March 22, 2024  |  Banking

Michael Hsu, acting comptroller of the currency at the Office of the Comptroller of the Currency (OCC), recently voiced support for a new proposal by Federal Deposit Insurance...

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Report: Apple Considers Adding Baidu’s GenAI to Devices in China
Report: Apple Considers Adding Baidu’s GenAI to Devices in China
March 22, 2024  |  Artificial Intelligence

Apple is reportedly in preliminary talks with Chinese tech giant Baidu, exploring a potential partnership to use Baidu’s generative artificial intelligence technology for Apple devices in China....

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