News

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

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Over 40% of Retailers Cite Talent Gap as Key Barrier to AI Adoption
Over 40% of Retailers Cite Talent Gap as Key Barrier to AI Adoption
December 07, 2023  |  artificial intelligence

From eCommerce to mobile payments, the fast-paced retail industry thrives on emerging technologies. Enter generative artificial intelligence (AI) — an evolution that places retail at...

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Mastercard and Consumers International Team to Improve Consumer Protection
Mastercard and Consumers International Team to Improve Consumer Protection
December 07, 2023  |  Partnerships

Mastercard has teamed with Consumers International to improve protections for vulnerable consumers in the digital finance space. The project, announced Thursday (Dec. 7) and part of the Mastercard...

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Block Debuts Self-Custody Bitcoin Wallet Bitkey
Block Debuts Self-Custody Bitcoin Wallet Bitkey
December 07, 2023  |  Bitcoin

Block has launched its self-custody bitcoin wallet Bitkey in 95 countries. The new wallet, announced Thursday (Dec. 7) is designed to widen access to self-custody and comes amid a resurgence...

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Citcon and Alipay Partner to Offer International e-Wallet Payments
Citcon and Alipay Partner to Offer International e-Wallet Payments
December 07, 2023  |  Payment Methods

Payment service provider Citcon has launched a partnership with cross-border mobile payment platform Alipay+. The collaboration, announced in a news release Thursday (Dec. 7), is designed to allow...

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WhatsApp Begins Rolling Out ‘View Once’ Voice Messages
WhatsApp Begins Rolling Out ‘View Once’ Voice Messages
December 07, 2023  |  Meta

WhatsApp has begun rolling out View Once voice messages that disappear once they’ve been heard.  This feature is designed to add another layer of privacy to users’...

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Scentbird Sees Giftable Subscriptions Capture Consumers’ Last-Minute Holiday Spending
Scentbird Sees Giftable Subscriptions Capture Consumers’ Last-Minute Holiday Spending
December 07, 2023  |  Subscriptions

With last-minute gifting providing a valuable opportunity for companies that can offer consumers an immediate solution, Scentbird is seeing its giftable subscriptions drive eleventh-hour holiday...

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SoundHound Pays $25 Million for Restaurant AI Firm SYNQ3 
SoundHound Pays $25 Million for Restaurant AI Firm SYNQ3 
December 07, 2023  |  Acquisitions

SoundHound is acquiring SYNQ3, a company providing restaurants with voice artificial intelligence (AI). “The deal will make SoundHound the preeminent U.S. provider of voice AI for restaurants, significantly extending...

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Meta Debuts Security Tools in Llama AI Model
Meta Debuts Security Tools in Llama AI Model
December 07, 2023  |  Meta

Meta has launched “Purple Llama,” a project tied to its Llama artificial intelligence (AI) tool. Announced Thursday (Dec. 6), Purple Llama centers around safety tools and evaluations to...

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CFPB Finds Atlantic Union Bank Misled Customers About Fees
CFPB Finds Atlantic Union Bank Misled Customers About Fees
December 07, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has ordered Atlantic Union Bank to pay $6.2 million, saying the bank misled customers and improperly enrolled them into...

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