News

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

(source: pymnts.com)

Mercury Expands Into Consumer Banking With Mercury Personal
Mercury Expands Into Consumer Banking With Mercury Personal
April 17, 2024  |  Banking

Startup-focused banking FinTech Mercury is getting into the consumer banking business. The company has launched Mercury Personal, designed to help builders in the tech sector optimize their money,...

READ MORE >
United Airlines Reports Higher Travel Volumes, Expects Record Summer
United Airlines Reports Higher Travel Volumes, Expects Record Summer
April 17, 2024  |  Earnings

United Airlines increased both its capacity and the amount of passenger travel during the quarter ended March 31. The airline also expects to see another...

READ MORE >
Crypto.com VC Arm Cautious of Outsized Valuations
Crypto.com VC Arm Cautious of Outsized Valuations
April 17, 2024  |  Cryptocurrency

Crypto.com’s venture capital unit has doubts about some of the sector’s steep valuations. That’s according to CEO Kris Marszalek, who spoke on the topic in...

READ MORE >
Amazon Licenses Just Walk Out Tech in Battle for Grocery Stores’ Loyalty
Amazon Licenses Just Walk Out Tech in Battle for Grocery Stores’ Loyalty
April 17, 2024  |  Amazon

Amazon is pushing sales of its Just Walk Out technology even as it pulls back on the checkout system in its own grocery stores, a...

READ MORE >
Report: Flink Raising Money from Investors, Discussing Merger With Rivals
Report: Flink Raising Money from Investors, Discussing Merger With Rivals
April 17, 2024  |  Investments

German grocery delivery startup Flink is reportedly receiving another 100 million euros ($106.7 million) from investors to extend its runway and try to outlast its competitors....

READ MORE >
Grubhub’s Campus Business Grows as Order Volumes Fall
Grubhub’s Campus Business Grows as Order Volumes Fall
April 17, 2024  |  Earnings

College students aside, fewer Americans are ordering their meals from Grubhub. The food delivery platform’s parent company, Dutch firm Just Eat Takeaway, reported earnings Wednesday (April 17)...

READ MORE >
Klarna Credit Card to Roll Out in US Within Months
Klarna Credit Card to Roll Out in US Within Months
April 17, 2024  |  Payment Methods

Klarna has opened its waitlist for the new Klarna Card to all U.S. consumers and said the credit card will roll out over the next few months....

READ MORE >
US Bancorp Card Net Charge-Off Rate Hits 4.2%
US Bancorp Card Net Charge-Off Rate Hits 4.2%
April 17, 2024  |  Earnings

U.S. Bancorp said in its latest earnings report that consumers are continuing to boost their credit card loans – and though charge-offs have increased, credit...

READ MORE >
Digital Payments Turn the Tables on Check Scams
Digital Payments Turn the Tables on Check Scams
April 17, 2024  |  Fraud Prevention

Despite the prevalence of digital alternatives, checks continue to be a preferred payment method for many organizations. PYMNTS Intelligence research underscores this trend, revealing that...

READ MORE >