News

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

(source: pymnts.com)

Returns Management Firm Loop Debuts Reverse Logistics Offerings
Returns Management Firm Loop Debuts Reverse Logistics Offerings
February 05, 2024  |  Retail

Returns management platform Loop has introduced new services for merchants and logistics providers. “A series of new features, integrations, and partnerships will enable logistics partners to share enriched data...

READ MORE >
Snapchat Parent to Cut 10% of Global Staff
Snapchat Parent to Cut 10% of Global Staff
February 05, 2024  |  Personnel

Snap has become the latest tech company to cut staff as it chases profitability. The Snapchat parent company announced in a Securities and Exchange Commission (SEC)...

READ MORE >
Mitsubishi Launches Digital Retail Program as Auto Manufacturers Tap Omnichannel Tech
Mitsubishi Launches Digital Retail Program as Auto Manufacturers Tap Omnichannel Tech
February 05, 2024  |  Retail

As the process of making large-ticket purchases becomes increasingly digital across industries, Mitsubishi Motors has announced a new digital retail program. Mitsubishi Motors North America,...

READ MORE >
Cleo Launches B2B Platform Extension for Logistics Firms
Cleo Launches B2B Platform Extension for Logistics Firms
February 05, 2024  |  Supply Chain

Cleo has unveiled its latest cloud-based B2B integration platform extension, Cleo Integration Cloud (CIC) for Logistics and Transportation. This solution aims to improve supply chains by bringing efficiency, optimization...

READ MORE >
Why Improved Consumer Sentiment May Not Translate Into Increased Spending
Why Improved Consumer Sentiment May Not Translate Into Increased Spending
February 05, 2024  |  Economy

The more sanguine consumers feel about the state of the world — particularly about the state of inflation — the more apt they are to...

READ MORE >
EU’s AI Act: Premature or Prescient?
EU’s AI Act: Premature or Prescient?
February 05, 2024  |  Artificial Intelligence

Is it possible to achieve a perfect balance between regulation and innovation over disruptive technologies? The European Union’s (EU) 27 member states appear to think...

READ MORE >
Nium Looks to Expand in India With Payment Licenses
Nium Looks to Expand in India With Payment Licenses
February 05, 2024  |  Bank Regulation

Nium has received new payments licenses in India as it looks to expand in that country. The Singapore-based real-time payments FinTech announced Monday (Feb. 5) that...

READ MORE >
Microsoft Forms AI Partnership With News Startup Semafor
Microsoft Forms AI Partnership With News Startup Semafor
February 05, 2024  |  Artificial Intelligence

Microsoft has reportedly launched an artificial intelligence (AI)-focused partnership with news startup Semafor. The collaboration would see Semafor use tools from Microsoft and partner OpenAI to develop news stories...

READ MORE >
Report: Paytm Denies Claims of Foreign Exchange Rule Violations
Report: Paytm Denies Claims of Foreign Exchange Rule Violations
February 05, 2024  |  Regulation

Paytm, one of India’s leading digital payments firms, is reportedly under investigation by India’s financial crime-fighting agency for potential violations of foreign exchange rules. The...

READ MORE >