News

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

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Worldcoin Explores Partnership With OpenAI Amid Regulatory Pressure
Worldcoin Explores Partnership With OpenAI Amid Regulatory Pressure
April 25, 2024  |  Partnerships

Eyeball scanning digital ID startup Worldcoin is reportedly considering a partnership with tech company OpenAI.  This exploration comes after months of privacy-focused scrutiny from regulators around the...

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Paystand Acquires Teampay to Create B2B Financial Platform
Paystand Acquires Teampay to Create B2B Financial Platform
April 25, 2024  |  Acquisitions

Blockchain-enabled B2B payments network Paystand has acquired spend management software provider Teampay to create a unified financial platform that covers both accounts receivable (AR) and accounts payable...

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Best Buy Forms Retail Media Partnership With CNET
Best Buy Forms Retail Media Partnership With CNET
April 25, 2024  |  Retail

Best Buy has launched a retail media partnership with consumer technology publication CNET. The collaboration is designed to help brands reach larger audiences of “high intent” shoppers at...

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Wyndham Expects Consumer Confidence to Fuel Summer Travel
Wyndham Expects Consumer Confidence to Fuel Summer Travel
April 25, 2024  |  Travel Payments

Wyndham Hotels & Resorts is developing a record-high number of rooms amid its anticipation of a healthy summer season. The hotel chain released earnings Thursday...

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Adyen Reports Digital Transactions Rise 51% as Enterprises Increase Volume
Adyen Reports Digital Transactions Rise 51% as Enterprises Increase Volume
April 25, 2024  |  Earnings

Dutch payments firm Adyen saw its digital processed volume leap 51% year over year during the first three months of 2024. This happened during a...

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This Week in B2B: Enterprise Metaverses, AI Accountants, Virtual Cards
This Week in B2B: Enterprise Metaverses, AI Accountants, Virtual Cards
April 25, 2024  |  B2B Payments

Innovation is a key factor in any company’s ability to succeed in the long run.  And so are the ways in which they pay and...

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First-Quarter GDP Slows as Consumers Pull Back on Spending
First-Quarter GDP Slows as Consumers Pull Back on Spending
April 25, 2024  |  Economy

And now it seems the slowdown is here. Markets slumped by more than 1% Thursday morning (April 25) on the latest reading on gross domestic...

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Walmart Gives Online Shoppers VIP Treatment to Compete With Amazon
Walmart Gives Online Shoppers VIP Treatment to Compete With Amazon
April 25, 2024  |  Retail

As Walmart looks to speed its digital transformation in an effort to shrink the eCommerce gap between itself and rival Amazon, the retailer is giving digital shoppers...

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Shoppers Demand More Experiential Brick-and-Mortar Stores
Shoppers Demand More Experiential Brick-and-Mortar Stores
April 25, 2024  |  Retail

With eCommerce often proving the most convenient option for the practical elements of shopping, consumers are demanding brick-and-mortar retailers provide them with an experience they...

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