News

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

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Cash-Strapped Consumers Hesitant to Spring for Full-Priced Wholesale Club Memberships
Cash-Strapped Consumers Hesitant to Spring for Full-Priced Wholesale Club Memberships
April 23, 2024  |  Retail

With ongoing financial challenges prompting consumers to make more conservative spending changes, major membership wholesale clubs’ latest promotions suggest they are having trouble getting shoppers...

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Perplexity Valued at $1 Billion as It Challenges Google Search
Perplexity Valued at $1 Billion as It Challenges Google Search
April 23, 2024  |  Investments

Perplexity has reportedly raised $63 million as it aims to compete with Google’s search engine. The new funding round values the artificial intelligence (AI) startup at $1 billion, marking a...

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Countsy Debuts Platform to Streamline Back-Office Management
Countsy Debuts Platform to Streamline Back-Office Management
April 23, 2024  |  Back-office

Accounting and human resources and finance firm Countsy has debuted an online platform. Announced Tuesday (April 23), countsy.ai is designed to simplify back-office management by providing a centralized...

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Temenos Appoints VMWare Veteran Jean-Pierre Brulard as CEO
Temenos Appoints VMWare Veteran Jean-Pierre Brulard as CEO
April 23, 2024  |  Personnel

Banking software company Temenos has appointed Jean-Pierre Brulard as CEO, effective May 1. Brulard will succeed Andreas Andreades, who will retire from the company, Temenos...

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Spotify Dubs 2024 ‘Year of Monetization’ as Subscribers Surge 14% in Q1
Spotify Dubs 2024 ‘Year of Monetization’ as Subscribers Surge 14% in Q1
April 23, 2024  |  Earnings

Spotify is tuned in to upbeat earnings outcomes, marking a robust beginning to its designated “year of monetization” after a standout performance in 2023 characterized...

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PayU Receives RBI Authorization to Operate as Payments Aggregator
PayU Receives RBI Authorization to Operate as Payments Aggregator
April 23, 2024  |  Aggregators

PayU has received in-principle authorization from the Reserve Bank of India (RBI) to operate as a payments aggregator. With this approval, the digital financial services provider can...

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Apple Acquires Paris AI Startup Datakalab
Apple Acquires Paris AI Startup Datakalab
April 23, 2024  |  Apple

Apple has stepped up its foray into artificial intelligence (AI) by acquiring Datakalab, a Paris-based AI tech startup.  The acquisition, finalized on Dec. 17, was...

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JetBlue Scales Back Routes in ‘Urgent’ Effort to Restore Profitability
JetBlue Scales Back Routes in ‘Urgent’ Effort to Restore Profitability
April 23, 2024  |  Earnings

JetBlue is removing and scaling back routes as it tries to regain profitability. The air carrier on Tuesday (April 23) released earnings that showed the company reducing its...

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PSCU/Co-op Solutions Adds Amazon One to Digital Wallet Integrations
PSCU/Co-op Solutions Adds Amazon One to Digital Wallet Integrations
April 23, 2024  |  Digital Payments

PSCU/Co-op Solutions has added Amazon One to its suite of digital wallet integrations for client card issuers. This pay-by-palm solution is now available to credit unions on a pilot basis and...

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