News

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

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MGM Resorts Expands BetMGM Gaming Brand to 29 Markets, Boosts Digital Wallet
MGM Resorts Expands BetMGM Gaming Brand to 29 Markets, Boosts Digital Wallet
February 13, 2024  |  Earnings

MGM Resorts International, Las Vegas’ largest casino operator, reported record full-year and Q4 net revenue for its operations in the city on Tuesday (Feb. 13),...

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Robinhood Targets Active Traders, Global Markets for Expansion
Robinhood Targets Active Traders, Global Markets for Expansion
February 13, 2024  |  Earnings

Robinhood has its eyes on new products and new markets as it builds for the future. The stock trading and investing app is focused on winning...

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IRS Sues FDIC Over SVB Taxes
IRS Sues FDIC Over SVB Taxes
February 13, 2024  |  Legal

The Internal Revenue Service (IRS) is suing the Federal Deposit Insurance Corp. (FDIC) over a tax debt owed by the failed Silicon Valley Bank. The FDIC seized the bank...

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Zillow Targets Growing Share of Market With ‘Housing Super App’
Zillow Targets Growing Share of Market With ‘Housing Super App’
February 13, 2024  |  Real Estate

Zillow is expanding its “housing super app” to more markets after seeing how well it has been received. The company is also continuing to add functionality...

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OpenAI Unveils ChatGPT With Enhanced User and Interaction Memory
OpenAI Unveils ChatGPT With Enhanced User and Interaction Memory
February 13, 2024  |  Artificial Intelligence

OpenAI is testing an option to allow ChatGPT to remember details from users’ previous conversations. Users can ask the generative artificial intelligence (AI) chatbot to...

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Upstart Says Automated Credit Origination Process Draws ‘Best Borrowers’
Upstart Says Automated Credit Origination Process Draws ‘Best Borrowers’
February 13, 2024  |  Earnings

Upstart achieved an all-time high in its automated credit origination process in the fourth quarter. The artificial intelligence (AI) lending marketplace had 89% of its unsecured...

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Airbnb Sees 55% of Gross Nights Booked Through Its App
Airbnb Sees 55% of Gross Nights Booked Through Its App
February 13, 2024  |  Earnings

The great travel snapback continues, through digital channels, matching supply and demand for places to stay when getting away from it all. Airbnb noted in...

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Nvidia Surpasses Amazon in Value
Nvidia Surpasses Amazon in Value
February 13, 2024  |  artificial intelligence

Chipmaker Nvidia has exceeded Amazon in market value, the first time since 2002 that Nvidia is worth more after the market close. Nvidia closed at $721.28 per share, giving...

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Mexico’s Antitrust Regulator Says eCommerce Market Needs ‘Corrective Measures’
Mexico’s Antitrust Regulator Says eCommerce Market Needs ‘Corrective Measures’
February 13, 2024  |  eCommerce

Mexico’s antitrust regulator Cofece has reportedly recommended that the government order Amazon and Mercado Libre to take “corrective measures” to ensure competition in the eCommerce market. These measures would include giving...

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