News

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

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‘Record’ Digital Engagement Fuels BoA’s $32B 2021
‘Record’ Digital Engagement Fuels BoA’s $32B 2021
January 19, 2022  |  Earnings

“Record” levels of digital engagement, coupled with an improved economy and organic growth, allowed the Bank of America to end the year on a high...

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Microsoft’s Activision Bid to Draw Scrutiny Across Regulatory Agencies and on Capitol Hill
Microsoft’s Activision Bid to Draw Scrutiny Across Regulatory Agencies and on Capitol Hill
January 19, 2022  |  Acquisitions

And now — or very soon — get ready for the regulatory gaze to be more fully trained on Microsoft and Big Tech mergers. Get...

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Tech Firms, Lawmakers Tussle Over Digital Keys to Accessing the Entire Connected Economy
Tech Firms, Lawmakers Tussle Over Digital Keys to Accessing the Entire Connected Economy
January 19, 2022  |  Commerce Connected

It’s hard to resist Tolkienesque “one ring to rule them all” zingers when talking about competition to dominate the connected economy. As Big Tech and...

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SoFi Bank Charter Ruling Signals Crypto Still Off Limits for Banks
SoFi Bank Charter Ruling Signals Crypto Still Off Limits for Banks
January 19, 2022  |  Cryptocurrency

In a ruling that has big implications for banks’ ability to use stablecoins as payment tools, the Office of the Comptroller of the Currency (OCC)...

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Tribal Casino Downstream, Global Payments Collab for Cashless Gaming
Tribal Casino Downstream, Global Payments Collab for Cashless Gaming
January 19, 2022  |  Partnerships

Downstream Casino Resort is collaborating with Global Payments Gaming Solutions and its VIP Mobility tool to enable cashless casino gaming and digital options as alternatives...

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AI Helps Auto Insurers Deliver Better, Faster Claims Management, Payments Experience
AI Helps Auto Insurers Deliver Better, Faster Claims Management, Payments Experience
January 19, 2022  |  Insurance

Auto insurers’ process of inspecting cars and assessing the damage has evolved from having a person drive out to physically inspect the car, to having...

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Ultrafast Delivery Aggregators See Private-Label Brands as Path to Profitability
Ultrafast Delivery Aggregators See Private-Label Brands as Path to Profitability
January 19, 2022  |  Delivery

If margins in the grocery industry are low, and margins for grocery delivery are unforgiving, then companies that deliver within minutes are essentially walking a...

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Revolut Rolls Out Stock Trading Platform
Revolut Rolls Out Stock Trading Platform
January 19, 2022  |  Mobile Applications

The U.K. financial super app Revolut announced Wednesday (Jan. 19) the launch of its commission-free stock trading platform. Get the Full Story Complete the form...

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Today in Data: Consumers Want Better Digital Features; Kohl’s Attacked by Activist Investor; D2Cs Take Aim at Porch Pirates
Today in Data: Consumers Want Better Digital Features; Kohl’s Attacked by Activist Investor; D2Cs Take...
January 19, 2022  |  Today In Data

Direct-to-consumer (D2C) brands are using commercial claim center delivery to cut costs and eliminate porch pirates. Plus, grocery and pharmacy shoppers are willing to switch...

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