News

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

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Spend Management Firm Pleo Names New CFO in Push for Profitability
Spend Management Firm Pleo Names New CFO in Push for Profitability
December 13, 2023  |  Personnel

Danish FinTech Pleo is reportedly expanding its executive team with a new chief financial officer. The naming of financial services veteran Soren Westh Lonning as...

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Equipifi to Add Pay-in-4 BNPL Option for Debit Card Issuers
Equipifi to Add Pay-in-4 BNPL Option for Debit Card Issuers
December 13, 2023  |  Buy Now Pay Later

Equipifi will add a new white-label buy now, pay later (BNPL) option for debit card issuers in 2024. The new Pay-in-4 option will allow consumers...

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Tabi Connect Integrates Blue Yonder’s Price Discovery Solution
Tabi Connect Integrates Blue Yonder’s Price Discovery Solution
December 13, 2023  |  Partnerships

Tabi Connect partnered with Blue Yonder to make it easier for shippers and carriers to connect. By bringing together Tabi Connect’s rate management system and...

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Is the EU’s AI Act Historic or Prehistoric?
Is the EU’s AI Act Historic or Prehistoric?
December 13, 2023  |  Artificial Intelligence

The European Union’s Artificial Intelligence Act officially reached provisional status Friday (Dec. 8). It took three days and 36 hours of political back-and-forth, but the...

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Procurement Tool Provider Pivot Raises $21.6 Million to Expand in Europe
Procurement Tool Provider Pivot Raises $21.6 Million to Expand in Europe
December 13, 2023  |  Investments

Procurement tool provider Pivot has secured 20 million euros (about $21.6 million) in Series A funding. This funding round comes six months after the firm’s...

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Is B2B Ready for a Real-Time Payments Overhaul?
Is B2B Ready for a Real-Time Payments Overhaul?
December 13, 2023  |  B2B Payments

Real-time payments have the potential, and the promise, to overhaul all corners of commerce. The recent introduction of the FedNow® System is only the latest...

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British Payment Regulator Calls for Cross-Border Card Fee Cap
British Payment Regulator Calls for Cross-Border Card Fee Cap
December 13, 2023  |  Regulation

Visa and Mastercard are under pressure to cap cross-border merchant fees in the U.K. The Payment Systems Regulator (PSR) on Wednesday (Dec. 13) published an update to its review of cross-border...

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Automated Food Preparation Expands Amid Consumer Concerns
Automated Food Preparation Expands Amid Consumer Concerns
December 13, 2023  |  ResTech

Autonomous restaurants are increasingly appearing throughout North America, with several new entrants into the space in the past couple of weeks alone, despite consumers’ hesitations....

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Brands Capitalize on FSA Spending to Boost Holiday Sales 
Brands Capitalize on FSA Spending to Boost Holiday Sales 
December 13, 2023  |  Retail

Although consumers are making purchases, the reluctance to spend remains prevalent. As such, brands and retailers are trying new ways to entice consumers to shop...

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