News

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

(source: pymnts.com)

UnitedHealth Group Faces Another DOJ Antitrust Investigation
UnitedHealth Group Faces Another DOJ Antitrust Investigation
February 27, 2024  |  Healthcare

UnitedHealth Group, owner of the biggest U.S. health insurer, is reportedly facing an antitrust investigation by the Justice Department. This probe is focusing on UnitedHealth’s various...

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Smart Office Tech Redefines Connected Workplace Dynamics
Smart Office Tech Redefines Connected Workplace Dynamics
February 27, 2024  |  Connected Economy

Gone are the days of static office cubicles and inflexible organizational structures. Today, traditional notions of space and operations are giving way to dynamic, interconnected...

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Capital One Says Repair of Discover’s Regulatory Challenges a ‘Big Undertaking’
Capital One Says Repair of Discover’s Regulatory Challenges a ‘Big Undertaking’
February 27, 2024  |  Regulation

Capital One expects the process of fixing Discover Financial’s regulatory challenges to be long and expensive. “These can be very big undertakings,” Capital One CEO Richard Fairbank said Tuesday...

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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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