News

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

(source: pymnts.com)

Hawk AI Appoints HSBC Veteran Michael Shearer Chief Solution Officer
Hawk AI Appoints HSBC Veteran Michael Shearer Chief Solution Officer
January 16, 2024  |  Personnel

Hawk AI appointed HSBC veteran Michael Shearer as chief solution officer. Shearer spent much of his career at HSBC, including serving as the bank’s group...

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RXO Launches AI-Powered Check-In System for Trucks Arriving at Warehouses
RXO Launches AI-Powered Check-In System for Trucks Arriving at Warehouses
January 16, 2024  |  Transportation

RXO, a provider of asset-light transportation solutions, has launched an artificial intelligence (AI)-powered check-in system for trucks arriving at warehouses and distribution centers. This visual...

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Freightos Says Digital Platform Adoption Drove 36% Transaction Growth
Freightos Says Digital Platform Adoption Drove 36% Transaction Growth
January 16, 2024  |  Earnings

Freightos, a vendor-neutral booking and payment platform for the international freight industry, reported record transactions for the fourth quarter of 2023. The company recorded 286,900...

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Goldman’s Net Charge-Off Rate on Consumer Loans Stands at 7%
Goldman’s Net Charge-Off Rate on Consumer Loans Stands at 7%
January 16, 2024  |  Earnings

For Goldman Sachs, the narrowing of focus continues. And in the latest earnings report, released Tuesday (Jan. 16), the Wall Street firm detailed its progress...

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Mangopay and Storfund Team to Eliminate Payment Wait Times
Mangopay and Storfund Team to Eliminate Payment Wait Times
January 16, 2024  |  Faster Payments

French payment infrastructure provider Mangopay has teamed with Storfund to help sellers get paid faster. The company announced its collaboration with the British FinTech in a news release Tuesday...

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Lightspeed and Linnworks Partner to Cut eCommerce Costs
Lightspeed and Linnworks Partner to Cut eCommerce Costs
January 16, 2024  |  Partnerships

Payments platform Lightspeed Commerce teamed with eCommerce inventory and order management firm Linnworks. The collaboration lets Linnworks offer its first-ever global point-of-sale integration, according to...

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Galeries Lafayette UAE Partners With Nuvei to Optimize Payment Flow
Galeries Lafayette UAE Partners With Nuvei to Optimize Payment Flow
January 16, 2024  |  Partnerships

Galeries Lafayette UAE, a subsidiary of French Department Stores LLC, has partnered with Canadian FinTech company Nuvei to enhance its eCommerce platform’s payment flow. This strategic...

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Worldline Taps Google Cloud to Enhance Digital Payments
Worldline Taps Google Cloud to Enhance Digital Payments
January 16, 2024  |  Digital Payments

Payments services company Worldline has joined forces with Google Cloud to enhance its digital transformation. “Since 2022, Worldline has initiated a ‘Move to Cloud’ program that includes using the cloud to...

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Burger King Owner Restaurant Brands to Acquire Largest Franchisee for $1 Billion
Burger King Owner Restaurant Brands to Acquire Largest Franchisee for $1 Billion
January 16, 2024  |  Acquisitions

Restaurant Brands International, the owner of the Burger King brand, will acquire Carrols Restaurant Group, the largest Burger King franchisee in the United States, for...

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