News

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

(source: pymnts.com)

Uber Freight Unveils Scheduling API as Industry Standards Shift
Uber Freight Unveils Scheduling API as Industry Standards Shift
February 05, 2024  |  Shipping

Logistics provider Uber Freight has developed a new scheduling application programming interface (API). The new tool marks the first activation of the Scheduling Standards Consortium’s (SSC) Technical Standard for...

READ MORE >
AtoB CEO: Push-to-Card Payouts Become Banking Platform for Independent Truckers
AtoB CEO: Push-to-Card Payouts Become Banking Platform for Independent Truckers
February 05, 2024  |  Faster Payments

AtoB CEO Vignan Velivela told Karen Webster that slow payments represent a “silent tax” on fleet management in general, and on the truckers behind the...

READ MORE >
70% of Consumers Opt for Instant Merchant Refunds If Given the Choice
70% of Consumers Opt for Instant Merchant Refunds If Given the Choice
February 05, 2024  |  Disbursements

For most American consumers, disbursements — which include earnings and income payments, Social Security payments, tax refunds, insurance claim payouts and loan disbursements — remain...

READ MORE >
CE 100 Index Gains 0.3% as Meta Soars 20% Post-Earnings
CE 100 Index Gains 0.3% as Meta Soars 20% Post-Earnings
February 05, 2024  |  Connected Economy

Meta dominated the CE 100 Index’s earnings-related news this week, soaring on commentary that users are engaging more often with its app. The overall index...

READ MORE >
Mastercard: AI and Personalized Offers Drive the Future of Brands and Banks
Mastercard: AI and Personalized Offers Drive the Future of Brands and Banks
February 05, 2024  |  Loyalty & Rewards

Jill Moser, SVP Offers, Loyalty at Mastercard, told Karen Webster that we’re entering a new age of hyper-personalization, where context is critical. Loyalty programs, of...

READ MORE >
Connected Fitness: Whoop Brings AI-Driven Virtual Coaching Into Wearables Category
Connected Fitness: Whoop Brings AI-Driven Virtual Coaching Into Wearables Category
February 05, 2024  |  artificial intelligence

This year, the connected wearables market will account for more than 504 million units, ranging from smartwatches to fitness trackers to earwear, according to market intelligence...

READ MORE >
VC Veterans: AI Now a Part of 80% of Funding Pitches
VC Veterans: AI Now a Part of 80% of Funding Pitches
February 04, 2024  |  artificial intelligence

For Mamoon Hamid and Ilya Fushman, hearing investment pitches means hearing about AI. The two venture capital (VC) veterans talked about the funding landscape and their firm Kleiner Perkins in a...

READ MORE >
Large-Scale Crypto Mining Consumes 2% of US Electricity
Large-Scale Crypto Mining Consumes 2% of US Electricity
February 04, 2024  |  Cryptocurrency

How much energy does cryptocurrency mining consume in the U.S.? A recent analysis by the Energy Information Agency (EIA) estimates that large-scale cryptocurrency operations consume more...

READ MORE >
Report: Snapchat Cuts Dozens of Jobs With More Layoffs Planned
Report: Snapchat Cuts Dozens of Jobs With More Layoffs Planned
February 04, 2024  |  Social Commerce

Snapchat parent Snap has reportedly laid off workers with more job cuts to come. The social media platform cut several dozen staff members last week, Business Insider reported Saturday (Feb....

READ MORE >