News

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

(source: pymnts.com)

PayPal Taps Wells Fargo Veteran Amy Bonitatibus as Chief Corporate Affairs and Communications Officer
PayPal Taps Wells Fargo Veteran Amy Bonitatibus as Chief Corporate Affairs and Communications Officer
March 06, 2024  |  Personnel

PayPal has announced the appointment of its newest chief corporate affairs and communications officer, Amy Bonitatibus. Bonitatibus will begin her new role on May 28,...

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Apple’s New API Offers Users Peek at Balances
Apple’s New API Offers Users Peek at Balances
March 06, 2024  |  Apple

Apple has unveiled an application programming interface (API) enabling users to see their balances on their Apple finance products. Called FinanceKit, the API allows developers...

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Princeton, DARPA Partner On AI-Accelerating Chips 
Princeton, DARPA Partner On AI-Accelerating Chips 
March 06, 2024  |  Artificial Intelligence

A new computer chip could accelerate artificial intelligence (AI) applications, enhancing speed and efficiency in business operations. On Wednesday (March 6), EnCharge AI announced a partnership with Princeton University, supported...

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OpenAI Plans to Move to Dismiss Elon Musk’s Lawsuit
OpenAI Plans to Move to Dismiss Elon Musk’s Lawsuit
March 06, 2024  |  Legal

OpenAI plans to move to dismiss all the claims made in a lawsuit by Elon Musk. The artificial intelligence (AI) firm said this in a Tuesday (March...

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FBI Sounds Alarm on AI-Driven Infrastructure Hacking 
FBI Sounds Alarm on AI-Driven Infrastructure Hacking 
March 06, 2024  |  artificial intelligence

Hackers are using artificial intelligence (AI) capabilities to conduct attacks against physical infrastructures, which could threaten vital services and commerce. The FBI recently alerted Congress that...

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The Honest Company Sees Digital Boom Amid Pullback in Traditional Retail
The Honest Company Sees Digital Boom Amid Pullback in Traditional Retail
March 06, 2024  |  Earnings

The Honest Company is seeing digital drive sales growth at a time when consumers are pulling back on spending at traditional retailers. The consumer goods company,...

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Apple Blocks Developer Account for Epic Games Amid Continuing Disputes
Apple Blocks Developer Account for Epic Games Amid Continuing Disputes
March 06, 2024  |  Legal

Apple has blocked Epic Games from getting a developer account that Epic planned to use to launch a new app store on iPhones in Europe. Epic Games CEO Tim...

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Walmart: Conflicting Reports Show Self-Checkout Is Work in Progress
Walmart: Conflicting Reports Show Self-Checkout Is Work in Progress
March 06, 2024  |  Retail

Depending on where you looked Wednesday (March 6), Walmart is scaling back self-checkout, limiting it to subscribers — or it’s a store-by-store decision. As reported...

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Gen Z Online Shoppers 120% Likelier Than Millennials to Use Apple Pay
Gen Z Online Shoppers 120% Likelier Than Millennials to Use Apple Pay
March 06, 2024  |  Payment Methods

When it comes to digital wallet adoption, the youngest consumers are outpacing older generations by a wide margin, PYMNTS Intelligence research reveals. By the Numbers...

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