News

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

(source: pymnts.com)

BJ’s Wholesale Club Taps Robots to Boost Curbside Fulfillment Efficiency
BJ’s Wholesale Club Taps Robots to Boost Curbside Fulfillment Efficiency
November 17, 2023  |  Technology

As grocery retailers look for ways to make their curbside pickup businesses more profitable, membership warehouse club chain BJ’s Wholesale Club is using robots to...

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Amazon to Cut Jobs in Alexa Division, Focus on Generative AI
Amazon to Cut Jobs in Alexa Division, Focus on Generative AI
November 17, 2023  |  Amazon

Amazon is reportedly set to make hundreds of job cuts in its Alexa division. The move is part of the company’s efforts to focus on...

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France Vies to Host EU’s New Anti-Money Laundering Agency
France Vies to Host EU’s New Anti-Money Laundering Agency
November 17, 2023  |  AML

France is vying to host the European Union’s anti-money laundering (AML) agency, with French Finance Minister Bruno Le Maire presenting Paris as an ideal location...

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5 Signs Consumers Are Feeling Pinched Into the Holidays and Beyond
5 Signs Consumers Are Feeling Pinched Into the Holidays and Beyond
November 17, 2023  |  Economy

The holidays are upon us. The credit card debt has been racked up. The broad deluge of earnings reports has slowed to a trickle. The...

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Millennials Have the Most Difficulties Making Ends Meet
Millennials Have the Most Difficulties Making Ends Meet
November 17, 2023  |  Consumer Finance

Millennials were born between 1981 and 1996. They entered the workforce during the economic recession that followed the 2008 crash. They endured years of job...

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Nuvei to Acquire Till Payments for $30.5 Million
Nuvei to Acquire Till Payments for $30.5 Million
November 17, 2023  |  Acquisitions

Canadian payments processor Nuvei is reportedly set to acquire Australian PayTech company Till Payments for 47 million Australian dollars (about $30.5 million). Nuvei’s acquisition of...

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Businesses Shift From Paper Checks With Help From AI and Faster Payments
Businesses Shift From Paper Checks With Help From AI and Faster Payments
November 17, 2023  |  B2B Payments

Drew Edwards, CEO of Ingo Money, told PYMNTS in a recent interview the landscape for business transactions is rapidly changing. CFOs and treasurers are re-assessing...

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Collaboration Creates Network Effects That Transform B2B Payments
Collaboration Creates Network Effects That Transform B2B Payments
November 17, 2023  |  B2B Payments

Innovation in payments is a continuum, with incremental to transformational — and even disruptive — results. B2B payments, long left to languish while their consumer-facing...

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Finding the Real Value in Business Payments When Money Movement Is a Commodity
Finding the Real Value in Business Payments When Money Movement Is a Commodity
November 17, 2023  |  B2B Payments

Technological advancements and a seismic, if in places incremental, shift towards digitization are transforming B2B payments.  And many payments industry insiders believe the innovation-led changes...

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