News

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

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Microsoft Adds Personalization and Note-Taking Capabilities to AI Assistant
Microsoft Adds Personalization and Note-Taking Capabilities to AI Assistant
November 15, 2023  |  artificial intelligence

Microsoft has unveiled its latest innovations for Microsoft Copilot, its artificial intelligence (AI) assistant designed to enhance productivity and creativity in both work and personal...

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Healthcare Company Forward Begins Rollout of AI-Powered CarePod
Healthcare Company Forward Begins Rollout of AI-Powered CarePod
November 15, 2023  |  artificial intelligence

Healthcare company Forward has launched CarePod, an artificial intelligence (AI)-powered and self-serve unit designed to put individuals in control of their health. Each Forward CarePod...

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Citi Debuts Blockchain Solution for Foreign Exchange Trades
Citi Debuts Blockchain Solution for Foreign Exchange Trades
November 15, 2023  |  Blockchain

Citi has created an application that uses blockchain to execute foreign exchange (FX) trades. The new tool, announced Wednesday (Nov. 14), employs blockchain infrastructure to price and perform...

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Nearly 1 in 6 Consumers Switched Payment Methods in the Past Year
Nearly 1 in 6 Consumers Switched Payment Methods in the Past Year
November 15, 2023  |  Payment Methods

Consumers are happiest when they don’t have to think about how a payment is made, just that it gets done. And they are willing to...

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Bank of America Debuts Digital Car Buying/Financing Tools
Bank of America Debuts Digital Car Buying/Financing Tools
November 15, 2023  |  eCommerce

Bank of America has debuted tools to help customers complete and finance online car purchases. Clients can now become prequalified for auto financing to find out...

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ChatGPT Pauses Subscriptions as Surging Demand Surpasses Capacity
ChatGPT Pauses Subscriptions as Surging Demand Surpasses Capacity
November 15, 2023  |  Subscriptions

OpenAI is putting a hold on new signups for its ChatGPT Plus program, due to widespread demand putting a strain on the platform, as tech companies increasingly rely...

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Target Says ‘Tis the Season for Financial Stress
Target Says ‘Tis the Season for Financial Stress
November 15, 2023  |  Earnings

Consumers continue to face economic challenges, even as inflation takes a dip, and the punchline continues to show up in retail receipts. In reporting its...

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Statrys Adds SWIFT Payment Tracking to Financial Platform
Statrys Adds SWIFT Payment Tracking to Financial Platform
November 15, 2023  |  Cross Border Commerce

Statrys, a financial platform for corporates and business owners, has introduced its SWIFT Payment Tracking feature to enhance global business transactions. This tool allows real-time...

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PayPal Names Slew of New Execs and Creates New Business Units
PayPal Names Slew of New Execs and Creates New Business Units
November 15, 2023  |  Personnel

PayPal has named three new executives as it divides its business into three new units. The payments giant on Wednesday (Nov. 15) announced the appointment of Isabel Cruz as chief...

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