News

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

(source: pymnts.com)

Closing the Books on the Global Challenge of X-Border Accounting
Closing the Books on the Global Challenge of X-Border Accounting
February 06, 2024  |  Cross Border Commerce

One of the biggest challenges to account for in cross-border payments is, well, the accounting. It’s a silent but often deadly snarl that can tangle...

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PortX, Hummingbird Partner to Fight Financial Crime
PortX, Hummingbird Partner to Fight Financial Crime
February 06, 2024  |  Partnerships

PortX, an integration technology company for financial institutions (FIs), has teamed with compliance platform Hummingbird. The collaboration is designed to make it easier for FIs to use...

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Genpact and ServiceNow Expand Partnership on AI-Powered Source-to-Pay Applications
Genpact and ServiceNow Expand Partnership on AI-Powered Source-to-Pay Applications
February 06, 2024  |  Partnerships

Genpact and ServiceNow have expanded their partnership to deliver Source-to-Pay applications across finance and supply chain operations. This collaboration combines the capabilities of professional services firm Genpact and digital workflow...

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ConnexPay Debuts Travel Card and New Payment Capabilities
ConnexPay Debuts Travel Card and New Payment Capabilities
February 06, 2024  |  Travel Payments

ConnexPay launched a global travel card as part of a new suite of payment capabilities. The virtual card is designed to help ConnexPay’s travel company...

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Hertz Weighs Layoffs Amid Pivot Away from EVs
Hertz Weighs Layoffs Amid Pivot Away from EVs
February 06, 2024  |  Earnings

Hertz is reportedly considering layoffs after selling part of its electric vehicle fleet. The car rental giant on Tuesday (Feb. 6) reported quarterly and year-end earnings showing that...

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Logility Adds GenAI Capabilities to Supply Chain Planning Solutions
Logility Adds GenAI Capabilities to Supply Chain Planning Solutions
February 06, 2024  |  Artificial Intelligence

Logility added generative artificial intelligence capabilities to its range of prescriptive supply chain planning solutions. The company aims to use the technology to help enterprises...

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PSCU/Co-op Solutions Unveils New BNPL Option for Credit Unions
PSCU/Co-op Solutions Unveils New BNPL Option for Credit Unions
February 06, 2024  |  BNPL

PSCU/Co-op Solutions has unveiled a new buy now, pay later (BNPL) option for credit card issuers. This solution allows cardholders to enjoy greater flexibility and convenience...

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Affirm, Afterpay Cut Rewards Programs as BNPL Firms Try New Loyalty Models
Affirm, Afterpay Cut Rewards Programs as BNPL Firms Try New Loyalty Models
February 06, 2024  |  Buy Now Pay Later

As buy now, pay later (BNPL) companies tinker with different methods to drive long-term engagement, Affirm and Afterpay are rethinking their loyalty strategies. On Monday...

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WeWork Co-Founder Hopes to Buy Back Bankrupt Company
WeWork Co-Founder Hopes to Buy Back Bankrupt Company
February 06, 2024  |  Acquisitions

The founder of bankrupt co-working startup WeWork reportedly hopes to buy back the company. Adam Neumann and other investors have been trying to get information from the...

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