News

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

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Maersk Invests $500 Million in Southeast Asian Supply Chain Infrastructure
Maersk Invests $500 Million in Southeast Asian Supply Chain Infrastructure
December 04, 2023  |  Supply Chain

Maersk is planning to invest over $500 million to support its supply chain operations in Southeast Asia. The Danish shipping firm said in a Monday (Dec....

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Uber Shares Climb 5% as Company Secures Spot in S&P 500
Uber Shares Climb 5% as Company Secures Spot in S&P 500
December 04, 2023  |  Stock Index

Ride-hailing giant Uber recorded a 5% increase in its shares Monday (Dec. 4), following the news that it was chosen to join the S&P 500....

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Starbucks Sales Slump Amid Staff Strikes
Starbucks Sales Slump Amid Staff Strikes
December 04, 2023  |  Stock Index

Starbucks’ sales have taken a hit as the coffee giant struggles with strikes. Amid this dip in sales, its stock has suffered a record run...

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Nearly 70% of Gen X Incur Overdraft Fees for Attempting Transactions With Insufficient Funds 
Nearly 70% of Gen X Incur Overdraft Fees for Attempting Transactions With Insufficient Funds 
December 04, 2023  |  Consumer Finance

As the economic and financial imbalances caused by the pandemic persist, access to credit has become vital for covering short-term financial needs, purchasing goods and...

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Connectivity Defined the Past Decade — Interoperability Will Shape the Next
Connectivity Defined the Past Decade — Interoperability Will Shape the Next
December 04, 2023  |  Innovation

A decade ago, in 2013, Amazon counted around a thousand robots across its fulfilment warehouses. That same year, tech giant Google spent more on headcount...

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Xbox Making Billion-Dollar Game Pass Bet as Competition Heats Up
Xbox Making Billion-Dollar Game Pass Bet as Competition Heats Up
December 04, 2023  |  Subscriptions

Xbox is seeing its massive investment in video game content pay off, as more of gaming comes to rely on subscription models. In an interview...

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Treasury Prime and Effectiv Team on Fraud Detection for Companies and Banks
Treasury Prime and Effectiv Team on Fraud Detection for Companies and Banks
December 04, 2023  |  Security & Fraud

Treasury Prime, an embedded banking software company, has joined forces with Effectiv, a fraud and risk management platform, to bring advanced fraud detection capabilities to enterprises...

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Merchants Eye Embedded, Flexible Rewards to Keep Transactions Flowing
Merchants Eye Embedded, Flexible Rewards to Keep Transactions Flowing
December 04, 2023  |  Loyalty & Rewards

For forward-thinking merchants eyeing new ways to keep the transactions flowing, to keep consumers opening their wallets and wielding cards, new approaches to rewards may...

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Bank Execs Expected to Push Back Against Capital Hikes
Bank Execs Expected to Push Back Against Capital Hikes
December 04, 2023  |  Bank Regulation

Bank CEOs are set to appear before the Senate Banking Committee to protest new regulations and capital hikes, arguing that these measures will harm the...

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