News

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

(source: pymnts.com)

Regional Banks Still Face Roadblocks One Year After SVB Crisis
Regional Banks Still Face Roadblocks One Year After SVB Crisis
March 07, 2024  |  Banking

One year after the 2023 banking crisis, America’s regional lenders continue to struggle. A report Thursday (March 7) by Reuters examined the hurdles facing these mid-sized banks,...

READ MORE >
Uber Eats Adds Live Location Sharing as Aggregators Compete to Reduce Friction
Uber Eats Adds Live Location Sharing as Aggregators Compete to Reduce Friction
March 07, 2024  |  Aggregators

As on-demand delivery aggregators race to offer the most easy, seamless customer experience, Uber Eats is adding live location sharing for hard-to-find deliveries. The aggregator announced Thursday...

READ MORE >
Musk: X Close to Landing NY and CA Payment Licenses
Musk: X Close to Landing NY and CA Payment Licenses
March 07, 2024  |  Digital Payments

Elon Musk says X could soon receive money transmitter licenses from New York and California. The license from California could come in the next month or so,...

READ MORE >
Visa: Working Capital Strategies Best at Top-Performing Middle-Market Firms
Visa: Working Capital Strategies Best at Top-Performing Middle-Market Firms
March 07, 2024  |  VISA

A strategic, forward-thinking approach to working capital helps separate top-performing middle-market firms from their peers, according to Visa. The latest release of the “2023-2024 Growth...

READ MORE >
Report: JPMorgan Considered ‘Company-Changing’ Discover Deal
Report: JPMorgan Considered ‘Company-Changing’ Discover Deal
March 07, 2024  |  Acquisitions

Before Capital One acquired Discover Financial last month, J.P. Morgan Chase reportedly considered its own bid. The country’s largest bank spent roughly a year exploring...

READ MORE >
Predictive AI Models Will Make Every Business Smart, Says Pecan CEO
Predictive AI Models Will Make Every Business Smart, Says Pecan CEO
March 07, 2024  |  Artificial Intelligence

Transforming raw data into meaningful insights has always empowered organizations to make informed decisions. And now, with artificial intelligence thrown into the mix, there have...

READ MORE >
Strong Authentication Fosters Trust Among Open Banking Users
Strong Authentication Fosters Trust Among Open Banking Users
March 07, 2024  |  Fraud Prevention

The payments journey, and landscape, is an ever evolving one, but one thing is certain: fraudsters will try to exploit any vulnerability they can to...

READ MORE >
Travelex CEO Says Travelers Getting Smarter About Managing FX Risks
Travelex CEO Says Travelers Getting Smarter About Managing FX Risks
March 07, 2024  |  Travel Payments

The travel industry is on a strong rebound post-pandemic, experiencing a notable resurgence in activity and revenue. And despite the rise of digital payments methods, Richard...

READ MORE >
Banks Say Better to Be Proactive Than Reactive When Making Payments Real Time
Banks Say Better to Be Proactive Than Reactive When Making Payments Real Time
March 07, 2024  |  Faster Payments

Faster payments solve many traditional pain points endemic to legacy payment methods. But although several hundred financial institutions (FIs) have signed on to the two...

READ MORE >