News

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

(source: pymnts.com)

Jack Dorsey’s Social Platform Bluesky Drops Invite-Only Requirement
Jack Dorsey’s Social Platform Bluesky Drops Invite-Only Requirement
February 06, 2024  |  Mobile Applications

Social media app and so-called “Twitter alternative” Bluesky dropped its red velvet rope. After almost a year as an invitation-only microblogging site, the 3-million-member platform...

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Fiserv’s Clover Logs 30% Revenue Growth, Zelle Transactions Surge 44%
Fiserv’s Clover Logs 30% Revenue Growth, Zelle Transactions Surge 44%
February 06, 2024  |  Earnings

Fiserv’s most recent results show momentum as smaller businesses and financial institutions (FIs) alike invest in upgrading their digital and mobile capabilities and payments acceptance....

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Byte-Sized Models Will Have a Big Impact on Democratizing AI  
Byte-Sized Models Will Have a Big Impact on Democratizing AI  
February 06, 2024  |  artificial intelligence

When it comes to using artificial intelligence (AI) systems, many firms are fishing with dynamite. That’s because the biggest and most impressive large language models...

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Mangopay and Sprinque Partner to Streamline B2B X-Border Payments
Mangopay and Sprinque Partner to Streamline B2B X-Border Payments
February 06, 2024  |  Cross-border Payments

Mangopay, a payment infrastructure provider for marketplaces and platforms, and Sprinque, a B2B payments platform, partnered on B2B cross-border payments. The collaboration aims to offer...

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Nubank Approaches $1 Billion in Revenue Amid Mexican Expansion
Nubank Approaches $1 Billion in Revenue Amid Mexican Expansion
February 06, 2024  |  Digital Banking

Brazilian neobank Nubank is predicting it will someday become Latin America’s largest financial service company. “I think that will happen eventually,” CEO David Vélez told the Financial Times (FT)...

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JPMorgan Chase to Add 500 Branches, Renovate 1,700 Existing Locations
JPMorgan Chase to Add 500 Branches, Renovate 1,700 Existing Locations
February 06, 2024  |  Banking

J.P. Morgan Chase, one of the largest banks in the United States, reportedly plans to open more than 500 new bank branches over the next...

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Ripple Ordered to Produce Crypto Sale Info for SEC
Ripple Ordered to Produce Crypto Sale Info for SEC
February 06, 2024  |  Cryptocurrency

Blockchain company Ripple has been ordered to share financial statements about cryptocurrency sales with regulators. That ruling came from a New York judge, and requires Ripple to share...

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Agility and Robust Risk Management Key to APAC Success in 2024, Says Discover Global Network
Agility and Robust Risk Management Key to APAC Success in 2024, Says Discover Global Network
February 06, 2024  |  Authentication

In recent years, the Asia-Pacific (APAC) region has emerged as a driving force in the digital payments space, with the region’s rapid technology adoption and...

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Cracking the Customer Loyalty Code: Flexible Programs Tailored to Everyday Needs
Cracking the Customer Loyalty Code: Flexible Programs Tailored to Everyday Needs
February 06, 2024  |  Loyalty & Rewards

Len Covello, chief technology officer of Engage People, told PYMNTS in an interview that merchants are going to need to fine-tune, and in some cases overhaul,...

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