News

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

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Diebold Nixdorf Adds AI Tool to Combat Self-Checkout Shrinkage
Diebold Nixdorf Adds AI Tool to Combat Self-Checkout Shrinkage
January 18, 2024  |  Retail

Diebold Nixdorf, a provider of retail solutions, is launching a new artificial intelligence (AI)-based checkout solution to combat shrinkage in the retail industry.  The new Vynamic...

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Chiplet Technology May Be Poised to Transform Payment Systems
Chiplet Technology May Be Poised to Transform Payment Systems
January 18, 2024  |  Technology

It’s said the whole is other than the sum of its parts, but often, it is the parts that are more interesting — and more...

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Prismatic Notches $22 Million to Ease B2B Software Integration
Prismatic Notches $22 Million to Ease B2B Software Integration
January 18, 2024  |  Investments

Prismatic, an embedded integration platform, has secured $22 million in Series B funding to drive innovation and simplify integrations for B2B Software-as-a-Service (SaaS) companies. The...

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Discover’s Card Delinquency Rate Rises to 3.9% After ‘Strong’ Holiday Season
Discover’s Card Delinquency Rate Rises to 3.9% After ‘Strong’ Holiday Season
January 18, 2024  |  Earnings

Discover Financial Service’s earnings, released Wednesday (Jan. 17), showed growth in card loans and rising delinquency rates. Chief Financial Officer John Greene noted on a...

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Mid-Sized Companies Embrace Instant Methods for Non-Recurring Payments
Mid-Sized Companies Embrace Instant Methods for Non-Recurring Payments
January 18, 2024  |  Payment Methods

Ad hoc payments are considered outside of recurring invoicing and check requests and can be processed in any payment method, directly to a bank account,...

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More Than 80% of Firms Struggle to Discover What Causes Failed Payments
More Than 80% of Firms Struggle to Discover What Causes Failed Payments
January 18, 2024  |  Security & Fraud

Firms know that failed payments damage their reputation, lead to customer churn and increase staff workload. Failed payments ultimately translate into a loss of sales...

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Sam Altman: NY Times Lawsuit Not a Priority for OpenAI
Sam Altman: NY Times Lawsuit Not a Priority for OpenAI
January 18, 2024  |  artificial intelligence

OpenAI’s chief executive is reportedly unconcerned about a lawsuit by The New York Times against his company. The newspaper sued OpenAI and partner Microsoft late last year, accusing the companies...

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Kim Kardashian Hints at Reboot of Fragrance and Makeup Brands
Kim Kardashian Hints at Reboot of Fragrance and Makeup Brands
January 18, 2024  |  Retail

Television personality Kim Kardashian has made several ventures into the beauty and makeup market. KKW Beauty, her cosmetic line, was shuttered in 2021, while KKW...

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Binance Records $4.6 Billion in Inflows Following US Government Settlement
Binance Records $4.6 Billion in Inflows Following US Government Settlement
January 18, 2024  |  Cryptocurrency

Last November, Binance paid a landmark $4.3 billion settlement to the U.S. government. Since then, the world’s largest cryptocurrency exchange has recorded net inflows of $4.6 billion, Bloomberg...

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