News

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

(source: pymnts.com)

Motive Partners Invests $50 Million for Controlling Stake in Splitit
Motive Partners Invests $50 Million for Controlling Stake in Splitit
December 12, 2023  |  Investments

Private equity group Motive Partners has secured a controlling stake in installment payments company Splitit. Motive has committed to invest $50 million in Splitit, the companies announced Tuesday (Dec. 13)...

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Blue Yonder Adds Generative AI Capability to Supply Chain Solutions
Blue Yonder Adds Generative AI Capability to Supply Chain Solutions
December 12, 2023  |  Supply Chain

Blue Yonder has added generative artificial intelligence (AI) capability to its range of supply chain solutions. The new Blue Yonder Orchestrator helps companies make sense...

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Apple Will Let Rivals Access Tap-to-Pay System
Apple Will Let Rivals Access Tap-to-Pay System
December 12, 2023  |  Apple

Apple reportedly offered to let competitors access its tap-to-pay mobile wallet system. The agreement could mean the end of a European Union antitrust case and...

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Worldline Debuts Metaverse Shopping Hub
Worldline Debuts Metaverse Shopping Hub
December 12, 2023  |  Metaverse

Payments services provider Worldline is expanding its virtual shopping program. The French company announced Tuesday (Dec. 12) the launch of the Worldline Metaverse Shopping Hub...

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Entersekt Buys Modirum’s 3DS Solutions to Boost Scale and Authorization Rates
Entersekt Buys Modirum’s 3DS Solutions to Boost Scale and Authorization Rates
December 12, 2023  |  Acquisitions

“In the world of payments,” Schalk Nolte, CEO of Entersekt, said to PYMNTS, authentications for internet-based commerce and mobile banking “have not been connected at...

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Tax Reporting Season Updates and Digital IDs Present Challenges for Businesses
Tax Reporting Season Updates and Digital IDs Present Challenges for Businesses
December 12, 2023  |  Taxes

Wendy Walker, solution principal at Sovos, said changes to IRS reporting that help identify firms may catch some businesses unaware.  As Walker illustrated in a...

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Issuers and Merchant Collaborate to Thwart Fraudsters and Accept ‘Good’ Transactions
Issuers and Merchant Collaborate to Thwart Fraudsters and Accept ‘Good’ Transactions
December 12, 2023  |  Fraud Prevention

Jeff Gipson, director of payment product management at Discover® Global Network, told PYMNTS in a recent interview that the intensity of fraudsters’ attacks on all parts...

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Mobile Wallet Users Report Higher Satisfaction for Bill Payments
Mobile Wallet Users Report Higher Satisfaction for Bill Payments
December 12, 2023  |  Mobile Wallets

The more often consumers use mobile wallets to pay their bills, PYMNTS Intelligence reveals, the more satisfied they are with the experience.  The report, “Digital...

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How Cash Flow Insights Are Building Tomorrow’s Credit Products
How Cash Flow Insights Are Building Tomorrow’s Credit Products
December 12, 2023  |  Loans

The lending landscape is undergoing a system-level shift that promises to benefit both borrowers and lenders. FinTech innovations, and an evolving mindset within the industry,...

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