News

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

(source: pymnts.com)

Can Plummeting Turkey Prices Fatten up Sales for Thanksgiving Brands?
Can Plummeting Turkey Prices Fatten up Sales for Thanksgiving Brands?
November 11, 2023  |  Economy

If you’re gearing up for a festive feast, you’ll be thankful to hear that wholesale prices of whole frozen turkeys are taking a dip, bringing...

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Yedpay and Mastercard Introduce ‘One Touch’ Payment Solution
Yedpay and Mastercard Introduce ‘One Touch’ Payment Solution
November 10, 2023  |  Real-Time Payments

Yedpay, a Hong Kong-based payment technology company, has partnered with Mastercard to provide a new payment tool for real-time cash flow.  Through their collaboration, they aim...

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Spendesk Integrates With TravelPerk to Streamline Business Travel
Spendesk Integrates With TravelPerk to Streamline Business Travel
November 10, 2023  |  Partnerships

Spend management solution Spendesk has announced a new integration with global travel management platform TravelPerk. “Business travel and smart spend management go perfectly hand in hand,” Spendesk said...

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Nearly 35% of Hotel Guests Prompted to Tip Amid Shifting Gratuity Norms
Nearly 35% of Hotel Guests Prompted to Tip Amid Shifting Gratuity Norms
November 10, 2023  |  Consumer Payments

Inflation has emerged as a significant force in the economy, impacting consumers’ purchasing power and influencing various aspects of their daily interactions. One area where...

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Report: ICBC Subsidiary Disconnects From Electronic Settlement Platform Amid Cyberattack
Report: ICBC Subsidiary Disconnects From Electronic Settlement Platform Amid Cyberattack
November 10, 2023  |  Fraud Attack

The U.S. subsidiary of Industrial and Commercial Bank of China (ICBC) reportedly disconnected itself from an electronic settlement platform for U.S. Treasury securities operated by...

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1 in 3 Hospitality Workers Willing to Pay for Instant Tips 
1 in 3 Hospitality Workers Willing to Pay for Instant Tips 
November 10, 2023  |  Faster Payments

As restaurants and others in the hospitality space look for ways to boost retention, PYMNTS Intelligence reveals that instant tip payouts can go a long...

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Report: EU Set to Agree on Light Touch Rules for Airbnb
Report: EU Set to Agree on Light Touch Rules for Airbnb
November 10, 2023  |  Data

European Union (EU) countries and European Parliament lawmakers are reportedly expected to reach an agreement on light touch rules for Airbnb next week. The proposed regulations will...

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Flutter Attributes Soft Earnings to Customer Wins and Currency Headwinds
Flutter Attributes Soft Earnings to Customer Wins and Currency Headwinds
November 10, 2023  |  Earnings

Flutter, the parent company of online betting platform FanDuel, reportedly saw a setback in its stock value Thursday (Nov. 9) after revealing disappointing third-quarter earnings....

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Duolingo Drives 160% Two-Year Subscriber Growth With Constant Tinkering
Duolingo Drives 160% Two-Year Subscriber Growth With Constant Tinkering
November 10, 2023  |  Subscriptions

Duolingo is seeing subscription growth, launching new tiers and constantly testing new features and enhancements to drive revenue and lifetime value (LTV). The company shared...

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