News

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

(source: pymnts.com)

SymphonyAI Unveils Large Language Model to Accelerate Industrial Transformation
SymphonyAI Unveils Large Language Model to Accelerate Industrial Transformation
November 08, 2023  |  artificial intelligence

SymphonyAI has introduced an industrial large language model (LLM) designed to accelerate industrial transformation on a large scale. The SymphonyAI Industrial LLM has been trained on an industrial...

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Tassat Appoints COO Zain Saidin as New CEO
Tassat Appoints COO Zain Saidin as New CEO
November 08, 2023  |  Personnel

Tassat appointed its chief operating officer, Zain Saidin, as its new CEO. Saidin, who served as the company’s COO since February 2023, will now lead...

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High-Income Consumers Turn to Restaurant-Finding Apps While Traveling
High-Income Consumers Turn to Restaurant-Finding Apps While Traveling
November 08, 2023  |  Restaurant innovation

As restaurants look to reach tourists and travelers, PYMNTS Intelligence revealed that digital platforms can help them influence high-income diners. By the Numbers The latest...

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Onafriq Partners With Ripple to Open Payments Corridors to Africa
Onafriq Partners With Ripple to Open Payments Corridors to Africa
November 08, 2023  |  Partnerships

Onafriq, formerly known as MFS Africa, has partnered with Ripple to boost the speed and efficiency of payments between Africa and several new markets. With...

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Meta: AI-Generated Political Ads Must Be Labeled As Such
Meta: AI-Generated Political Ads Must Be Labeled As Such
November 08, 2023  |  artificial intelligence

Meta is imposing new controls on AI-generated ads ahead of the 2024 presidential election. Beginning next year, advertisers around the world who post political ads or...

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Delivery on the Rise as Consumers Look to Save Money
Delivery on the Rise as Consumers Look to Save Money
November 08, 2023  |  Delivery

Persistent high prices of raw materials and supply chain issues have led to sharp rises in operational costs, forcing restaurants to a generalized increase in...

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ChannelEngine Integrates ShipStation Platform for eCommerce Merchants
ChannelEngine Integrates ShipStation Platform for eCommerce Merchants
November 08, 2023  |  Partnerships

Shipping software firm ShipStation is integrating its shipping platform into the ChannelEngine marketplace.   The partnership aims to support international growth and help merchants sell more on...

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Getir Acquires Online Grocer FreshDirect to Grow in the US
Getir Acquires Online Grocer FreshDirect to Grow in the US
November 08, 2023  |  Acquisitions

Grocery delivery company Getir has acquired online grocery company FreshDirect to grow in the United States. Getir, which operates in five countries, is acquiring FreshDirect...

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CFPB’s New Rules Target 13 Billion Big Tech App and Digital Wallet Transactions
CFPB’s New Rules Target 13 Billion Big Tech App and Digital Wallet Transactions
November 08, 2023  |  Regulation

Will new rules governing digital wallets and apps blunt Big Tech innovations — or put desperately needed guardrails in place? The Consumer Financial Protection Bureau’s...

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