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

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BigCommerce Cuts Staff Amid eCommerce Headwinds
BigCommerce Cuts Staff Amid eCommerce Headwinds
November 08, 2023  |  eCommerce

BigCommerce says it expects the “headwinds” plaguing its industry to persist into 2024. In order to maintain growth and improve its go-to-market approach in that...

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Essentialist Launches AI-Powered App for Planning Luxury Travel
Essentialist Launches AI-Powered App for Planning Luxury Travel
November 08, 2023  |  Mobile Applications

Members-only travel service Essentialist launched a new smartphone app that serves as a travel concierge. The Essentialist app allows travelers to manage their entire planning...

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Upwork Taps AI to Enhance Platform as Zillennials Avoid Gig Work
Upwork Taps AI to Enhance Platform as Zillennials Avoid Gig Work
November 08, 2023  |  Earnings

Work marketplace Upwork says it has made significant strides in its goal to establish itself as the go-to platform for “AI-empowered” independent professionals while improving...

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Bank of America CEO Predicts Soft Landing for US Economy
Bank of America CEO Predicts Soft Landing for US Economy
November 08, 2023  |  Economy

Bank of America CEO Brian Moynihan is reportedly optimistic about the U.S. economy and the bank’s growth prospects. Speaking Wednesday (Nov. 8) at the Reuters NEXT conference, Moynihan said he...

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Amazon Is Building an LLM Twice the Size of OpenAI’s GPT-4
Amazon Is Building an LLM Twice the Size of OpenAI’s GPT-4
November 08, 2023  |  artificial intelligence

Few markets have grown as fast, in as short a time, as artificial intelligence (AI). And as the technology is increasingly deployed across industries ranging...

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New Bumble CEO Wants to Personalize Subscriptions to Reach Gen Z Singles
New Bumble CEO Wants to Personalize Subscriptions to Reach Gen Z Singles
November 08, 2023  |  Subscription Commerce

In an effort to get Generation Z consumers paying for its dating app, Bumble is rolling out subscription plans that are shorter-term and more personalized....

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Nuvei Says Differentiated Technology Solutions Drive 72% Volume Growth
Nuvei Says Differentiated Technology Solutions Drive 72% Volume Growth
November 08, 2023  |  Earnings

Nuvei reported a year-over-year total volume increase of 72% during the three months ended Sept. 30. The Canadian FinTech company also reported a year-over-year revenue...

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ChatGPT Hit With Short but ‘Major’ Outage
ChatGPT Hit With Short but ‘Major’ Outage
November 08, 2023  |  artificial intelligence

OpenAI’s ChatGPT suffered a short, albeit “major,” outage early Wednesday (Nov. 8). The service hiccup began just before 9 a.m. Eastern Time, coming two days after...

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Samsung’s Gauss AI Model Could Soon Be Added to Smartphones
Samsung’s Gauss AI Model Could Soon Be Added to Smartphones
November 08, 2023  |  Artificial Intelligence

Samsung reportedly hopes to introduce “Gauss” to the likes of Grok, Ernie and ChatGPT. Gauss is the name of the generative artificial intelligence (AI) model...

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