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

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OpenAI’s GPT Store Has Arrived, What About AI’s Monetization Strategy?
OpenAI’s GPT Store Has Arrived, What About AI’s Monetization Strategy?
January 11, 2024  |  Artificial Intelligence

There exists one thing that generative artificial intelligence (AI), for all its advances, hasn’t changed. And that’s the fact that software products, no matter their...

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Mastercard Intros AI Assistant for Small Business Owners
Mastercard Intros AI Assistant for Small Business Owners
January 11, 2024  |  artificial intelligence

Mastercard is developing an artificial intelligence (AI) tool for small business owners. Mastercard Small Business AI, announced Thursday (Jan. 11) is being created in collaboration with...

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Amazon Tech Lets Doctors and Nurses Pay by Badge at Hospitals
Amazon Tech Lets Doctors and Nurses Pay by Badge at Hospitals
January 11, 2024  |  Amazon Technology

Doctors, nurses and other healthcare staff can now use Amazon’s checkout-free technology to buy food and beverages at hospital cafeterias and stores by scanning their...

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Grocers Tap Digital Deals to Drive Omnichannel Engagement Amid Ongoing Pressures
Grocers Tap Digital Deals to Drive Omnichannel Engagement Amid Ongoing Pressures
January 11, 2024  |  Retail

As consumers’ grocery budgets continue to be pressured by years of inflation and other economic challenges, merchants are tapping digital deals to drive omnichannel adoption,...

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Onbe and TimeForge Team to Speed Restaurant Tip Payouts
Onbe and TimeForge Team to Speed Restaurant Tip Payouts
January 11, 2024  |  Faster Payments

Corporate payouts platform Onbe has teamed with TimeForge to help restaurant workers get tipped faster. The partnership will see Onbe combine its digital payout offering with TimeForge’s tip tracking...

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Inflation’s Pace Quickens in December, Led by Housing Costs
Inflation’s Pace Quickens in December, Led by Housing Costs
January 11, 2024  |  Economy

The end of inflation? The end of the pinch to paycheck-to-paycheck wallets? Hardly. And, per the latest Consumer Price Index data, released Thursday (Jan. 11) by...

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Hertz Reducing EV Fleet Due to High Cost, Low Demand
Hertz Reducing EV Fleet Due to High Cost, Low Demand
January 11, 2024  |  Transportation

Car rental firm Hertz is selling 20,000 electric vehicles (EVs) from its U.S. fleet — amounting to one-third of its global fleet — and replacing...

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Thomson Reuters Offers $626 Million for eInvoicing Firm Pagero
Thomson Reuters Offers $626 Million for eInvoicing Firm Pagero
January 11, 2024  |  Acquisitions

Thomson Reuters plans to acquire Swedish eInvoicing firm Pagero for $626 million. The technology and content company said in a Thursday (Jan. 11) press release...

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IBM Adds AI Solutions for CPG as Brands Combat Rising Costs
IBM Adds AI Solutions for CPG as Brands Combat Rising Costs
January 11, 2024  |  Artificial Intelligence

As consumer packaged goods brands look to manage cost inflation, IBM is seizing on the opportunity to drive sales with smarter supply chain solutions. The...

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