News

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

(source: pymnts.com)

AI Offerings Drive Microsoft to Record Quarter
AI Offerings Drive Microsoft to Record Quarter
January 30, 2024  |  Earnings

Microsoft said its artificial intelligence (AI) companion, Copilot, is being adopted across industries. This and other AI offerings helped drive the company to a record quarter...

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Enova Reports Charge-Offs Rise, Return to Pre-Pandemic Seasonal Patterns
Enova Reports Charge-Offs Rise, Return to Pre-Pandemic Seasonal Patterns
January 30, 2024  |  Earnings

Enova saw its charge-offs increase during the fourth quarter but remain below those it saw before the pandemic. Compared to the same quarter a year earlier,...

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JetBlue Reports ‘Exceptional Growth and Engagement’ for Loyalty Program
JetBlue Reports ‘Exceptional Growth and Engagement’ for Loyalty Program
January 30, 2024  |  Earnings

JetBlue’s newly expanded loyalty program saw “exceptional growth and engagement” during its first months. The program, TrueBlue, was expanded during the fourth quarter and has seen...

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Mondelez Looks to Healthier Snacks to Whet Consumers’ Appetites
Mondelez Looks to Healthier Snacks to Whet Consumers’ Appetites
January 30, 2024  |  Earnings

Global snack and candy giant Mondelez International is pivoting its focus to healthier chocolate.  Reporting on the fourth quarter of 2023, Mondelez, which owns brands like Oreo,...

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Rectangle Health Launches Healthcare Practice Management Platform
Rectangle Health Launches Healthcare Practice Management Platform
January 30, 2024  |  Healthcare

Rectangle Health, a provider of patient engagement, payments and office compliance solutions for healthcare providers, has launched an all-in-one platform. The new Practice Management Bridge aims to...

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AI Helps Lift YouTube and Google Cloud Subscriptions 5x Higher Than 2019’s Levels
AI Helps Lift YouTube and Google Cloud Subscriptions 5x Higher Than 2019’s Levels
January 30, 2024  |  Earnings

For Alphabet, the artificial intelligence (AI) boon has helped boost subscriptions. But advertising sales for the parent company of Google, having fallen just short of...

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Report: Block Aims to Reduce Workforce to 12,000 This Year
Report: Block Aims to Reduce Workforce to 12,000 This Year
January 30, 2024  |  Digital Payments

Block is reportedly cutting jobs as part of its previously announced effort to limit the size of its workforce to 12,000 employees. The company announced that...

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Lawmakers Oppose CFPB’s Proposed Rule on Supervising Nonbank Financial Firms
Lawmakers Oppose CFPB’s Proposed Rule on Supervising Nonbank Financial Firms
January 30, 2024  |  CFPB

Three members of Congress have urged the Consumer Financial Protection Bureau (CFPB) to reopen and extend the public comment period on its proposed rule that would allow it to...

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Starbucks Uses AI-Powered Personalized Rewards to Boost Frequency and Spend
Starbucks Uses AI-Powered Personalized Rewards to Boost Frequency and Spend
January 30, 2024  |  Loyalty & Rewards

Starbucks is seeing its artificial intelligence data efforts boost its rewards program effectiveness, incentivizing consumers to spend more and visit more often. On a conference...

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