News

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

(source: pymnts.com)

Brazil’s Central Bank Promotes Pix as Cross-Border Payment Solution
Brazil’s Central Bank Promotes Pix as Cross-Border Payment Solution
February 27, 2024  |  Cross-border Payments

Brazil’s central bank is reportedly looking to take the country’s instant-payment system, Pix, to the global stage. With policymakers from the Group of 20 nations...

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Ebay Taps AI to Drive Auto Sales, Social Commerce
Ebay Taps AI to Drive Auto Sales, Social Commerce
February 27, 2024  |  Artificial Intelligence

As eCommerce merchants explore ways for artificial intelligence (AI) to drive conversion and efficiency, eBay is looking to the technology to boost high-ticket auto parts...

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Excitement and Money Flows to Intersection of AI and Robotics
Excitement and Money Flows to Intersection of AI and Robotics
February 27, 2024  |  artificial intelligence

New advances in artificial intelligence (AI) are allowing companies to develop robots with better features and more effective human interaction capabilities. Figure AI has reportedly raised...

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Report: Klarna Aims for Q3 IPO, $20 Billion Valuation
Report: Klarna Aims for Q3 IPO, $20 Billion Valuation
February 27, 2024  |  IPO

Klarna, the Swedish FinTech company once crowned as Europe’s most valuable startup, is reportedly in discussions with banks for a potential U.S. initial public offering...

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AI Continues Journey From Lab to Lifestyle at Mobile World Congress
AI Continues Journey From Lab to Lifestyle at Mobile World Congress
February 27, 2024  |  artificial intelligence

Day Two at Mobile World Congress in Barcelona, Spain, saw more evidence that artificial intelligence (AI) is moving from the lab to the connected economy. Specifically, the...

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8 in 10 Merchants Screen Potential Fraud With Same-Payment-Method Retries
8 in 10 Merchants Screen Potential Fraud With Same-Payment-Method Retries
February 27, 2024  |  Fraud Prevention

In an effort to counter false declines and prevent unnecessary losses, PYMNTS Intelligence research finds, the vast majority of merchants are encouraging consumers to reattempt...

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Trax Debuts ‘Signal-Based Merchandising’ to Brands In-Store Visibility
Trax Debuts ‘Signal-Based Merchandising’ to Brands In-Store Visibility
February 27, 2024  |  Retail

Retail brand management company Trax has debuted its signal-based merchandising (SBM) solution. The new tool lets brands gain visibility down to the individual product level,...

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New York Times Says OpenAI ‘Hacking’ Claim is ‘Bizarre’
New York Times Says OpenAI ‘Hacking’ Claim is ‘Bizarre’
February 27, 2024  |  Legal

The lead counsel for The New York Times said Tuesday (Feb. 27) that OpenAI’s claims that the publisher “hacked” its artificial intelligence (AI) systems to...

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Klarpay Debuts Accounts Designed for Entrepreneur Customers
Klarpay Debuts Accounts Designed for Entrepreneur Customers
February 27, 2024  |  B2B Payments

Swiss financial institution Klarpay has debuted a financial solution for entrepreneurs. The company’s Entrepreneur Accounts are designed for business founders, ultimate beneficial owners and senior...

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