News

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

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‘Assembly Line AI’ Helps Developers Build Products Faster 

‘Assembly Line AI’ Helps Developers Build Products Faster 
‘Assembly Line AI’ Helps Developers Build Products Faster 
May 19, 2021  |  Artificial Intelligence

When one thinks of assembly-line production, a mind likely turns to thoughts of automobile manufacturing and other heavy industrial processes, rather than jumping to artificial...

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Matrixport Users Can Now Settle International Wire Transfers In USDC
Matrixport Users Can Now Settle International Wire Transfers In USDC
May 19, 2021  |  Cryptocurrency

Asian crypto neobank Matrixport has formed a partnership with global FinTech Circle to allow for international bank wire transfers to Matrixport accounts, with automatic settlement...

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Outage At Coinbase Hits Users Wednesday Morning
Outage At Coinbase Hits Users Wednesday Morning
May 19, 2021  |  Cryptocurrency

Digital currency exchange Coinbase experienced a partial outage on its platforms Wednesday morning, coinciding with a drop in the prices of some of the most popular...

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Positive Developments In Retail Earnings And BNPL
Positive Developments In Retail Earnings And BNPL
May 19, 2021  |  Today In Data

The Home Depot posted surging comparable sales as part of its quarterly results. In retail, Walmart provided better-than-anticipated top- and bottom-line growth, as more customers purchased products online and were increasingly...

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Target’s Digital-First Investments Continue To Pay Off In Q1 Earnings
Target’s Digital-First Investments Continue To Pay Off In Q1 Earnings
May 19, 2021  |  Retail

After preparing for the digital-first economy for years, Target is arguably becoming the retailer that has gained the most from its arrival. Riding the strength...

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China’s Crypto Crackdown And Bitcoin Plunge Reflect Nervous Market
China’s Crypto Crackdown And Bitcoin Plunge Reflect Nervous Market
May 19, 2021  |  Cryptocurrency

What goes up must come down, it is said — and the wild ride of crypto speaks to just how fragile things can be, when...

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TJX’s Net Sales Surge As Consumers Resume Normal Activities
TJX’s Net Sales Surge As Consumers Resume Normal Activities
May 19, 2021  |  Retail

The TJX Companies posted $10.1 billion in net sales for the first quarter of fiscal 2022, marking a 129 percent jump from the first quarter...

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PYMNTS Fastly Study: A Modern DevOps Approach Centers On Collaboration And Active Protection
PYMNTS Fastly Study: A Modern DevOps Approach Centers On Collaboration And Active Protection
May 19, 2021  |  Fraud Prevention

Development teams are earning their keep (and then some) during the pandemic, keeping up with — and staying ahead of — prevailing 2021 trends in eCommerce and...

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Lowe’s US Home Improvement Comp Sales Soar
Lowe’s US Home Improvement Comp Sales Soar
May 19, 2021  |  Retail

Lowe’s Companies reported that comparable sales for its U.S. home improvement business surged by approximately 25 percent for the first quarter, according to a Wednesday (May...

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