News

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

(source: pymnts.com)

Truist Financial’s Digital Transactions Leap 13%
Truist Financial’s Digital Transactions Leap 13%
April 22, 2024  |  Earnings

Digital channels continue to gain adherents in financial services, as Truist Financial Corp.’s latest earnings results showed Monday (April 22). Earnings supplementals revealed that mobile...

READ MORE >
Levi’s Finds D2C Business Provides Greater Consumer Trend Insights
Levi’s Finds D2C Business Provides Greater Consumer Trend Insights
April 22, 2024  |  Retail

Levi Strauss has found that selling through its own stores gives it greater insights into consumer trends. The company’s D2C channels also allow it to test new products...

READ MORE >
Escaped Binance Exec Reportedly Located in Kenya
Escaped Binance Exec Reportedly Located in Kenya
April 22, 2024  |  Cryptocurrency

A Binance executive who fled Nigerian custody last month has reportedly been found in Kenya. Nadeem Anjarwalla, a British-Kenyan who is the cryptocurrency giant’s regional manager for...

READ MORE >
Meta’s Llama 3 Model Has Potential to Shake Up AI Landscape
Meta’s Llama 3 Model Has Potential to Shake Up AI Landscape
April 22, 2024  |  artificial intelligence

Meta has unveiled the latest iterations of its open-source Llama artificial intelligence (AI) model, which is causing ripples through the AI community. As the AI...

READ MORE >
Rapid FinTech Growth Adds Risk to Inbound Account Funding
Rapid FinTech Growth Adds Risk to Inbound Account Funding
April 22, 2024  |  Opinion

The quick growth of neobanks and FinTechs has put an increased emphasis on secure money movement. Ingo Payments CEO Drew Edwards details the challenges in...

READ MORE >
Equifax VP Says Data Science Can Strengthen Customer Relationships
Equifax VP Says Data Science Can Strengthen Customer Relationships
April 22, 2024  |  Opinion

Businesses can gain valuable customer insights from the data they already have, Equifax VP, Data Science and Decision Analytics, Digital Solutions Dilip Singh writes in...

READ MORE >
CE 100 Index Slips 3.5%, Led by Tesla and Peloton
CE 100 Index Slips 3.5%, Led by Tesla and Peloton
April 22, 2024  |  Connected Economy

The CE 100 Index gave up 3.5% for the week as earnings season began in full swing. Stock market gains were few and far between....

READ MORE >
This Thirty-Year AI Expert Challenges the Notion That AI Can Think
This Thirty-Year AI Expert Challenges the Notion That AI Can Think
April 22, 2024  |  artificial intelligence

There are people who say they are an AI expert and there’s Akli Adjaoute. He was on the case early in the technology’s lifecycle and...

READ MORE >
Nearly Half of Credit Unions Have No Plans for BNPL, Despite Member Demand
Nearly Half of Credit Unions Have No Plans for BNPL, Despite Member Demand
April 22, 2024  |  Credit Unions

Credit unions (CUs) are continuing to win over members, with roughly 1 in 5 current CU members telling PYMNTS Intelligence they’ve changed primary banks last...

READ MORE >