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

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Republic First Sold to Fulton in Latest Regional Bank Failure
Republic First Sold to Fulton in Latest Regional Bank Failure
April 28, 2024  |  Banking

Philadelphia-based lender Republic First Bancorp has been sold after being seized by regulators. Fulton Bank, another Pennsylvania financial institution, has agreed to acquire the lender — which...

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NRF Takes Gloves Off in Swipe Fee Settlement Objection Filing
NRF Takes Gloves Off in Swipe Fee Settlement Objection Filing
April 28, 2024  |  Retail

The National Retail Federation (NRF) on Friday (April 26) asked a federal judge to reject the proposed settlement of a class-action antitrust lawsuit over swipe...

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TikTok General Counsel Steps Down to Fight Ban
TikTok General Counsel Steps Down to Fight Ban
April 28, 2024  |  Social Commerce

TikTok’s general counsel is stepping down to focus on fighting a pending U.S. ban. Erich Andersen, who is also general counsel for TikTok parent ByteDance, will leave...

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General Catalyst Reportedly Raises Nearly $6 Billion for Tech Firms
General Catalyst Reportedly Raises Nearly $6 Billion for Tech Firms
April 28, 2024  |  Investments

Venture capital (VC) operation General Catalyst has reportedly raised almost $6 billion for technology startups. The company, which has invested in Stripe, Snap and Mistral, could close its newest fund as...

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Ex-Barclays CEO Bob Diamond Chairs TikTok Challenger Triller
Ex-Barclays CEO Bob Diamond Chairs TikTok Challenger Triller
April 28, 2024  |  Social Commerce

The former CEO of Barclays is now chairing TikTok challenger Triller. As the Financial Times (FT) reported Saturday (April 27), Bob Diamond has been chairing Triller owner AGBA since September...

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Influencer Brands Are Getting Ready for a TikTok-Less Future
Influencer Brands Are Getting Ready for a TikTok-Less Future
April 27, 2024  |  Social Commerce

G.R.W.M. (that’s “get ready with me”) for a major change in the social commerce landscape, because the pending TikTok ban in the United States could be make-or-break...

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Earnings Put Spotlight on Banks’ Full-Scale Digital Transformation
Earnings Put Spotlight on Banks’ Full-Scale Digital Transformation
April 26, 2024  |  Banking

The shift toward digital channels in financial services shows no signs of slowing down, as evidenced by the latest earnings results from incumbent banks and...

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Emotive AI Aims to Offer New Ways to Connect With Consumers
Emotive AI Aims to Offer New Ways to Connect With Consumers
April 26, 2024  |  artificial intelligence

In a lab in London, a new generation of avatars is learning to smile, frown and wink — not just as programmed, but in response...

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EU Antitrust Chief Margrethe Vestager Says AI Needs ‘Vibrant Competition’
EU Antitrust Chief Margrethe Vestager Says AI Needs ‘Vibrant Competition’
April 26, 2024  |  artificial intelligence

In a meeting that underscores the European Union’s ongoing scrutiny of the tech industry, Margrethe Vestager, the EU’s antitrust chief, held discussions with representatives from the French...

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