News

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

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Starbucks Expands Pickup-Only Locations as QSRs Adapt for Digital
Starbucks Expands Pickup-Only Locations as QSRs Adapt for Digital
September 22, 2023  |  Retail

As Starbucks rethinks its store concepts with an eye towards the restaurant industry’s digital future, the coffeehouse chain is reportedly opening its first in-airport pickup-only...

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Mastercard Tells Congress Credit Card Competition Act Is Bad for Consumers, Businesses
Mastercard Tells Congress Credit Card Competition Act Is Bad for Consumers, Businesses
September 22, 2023  |  Credit Cards

Mastercard has written a letter to several members of the United States Congress, outlining its opposition to the Credit Card Competition Act.  The legislation would “remove consumer...

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iPhone 15 and New Apple Watch Arrive in Stores
iPhone 15 and New Apple Watch Arrive in Stores
September 22, 2023  |  Apple

Apple’s latest devices arrived in stores Friday (Sept. 22). Among the new offerings available in-store and online are the iPhone 15 lineup and new Apple Watch lineup, the company...

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Equifax and Mitek Systems Partner to Combat Identity Fraud
Equifax and Mitek Systems Partner to Combat Identity Fraud
September 22, 2023  |  Partnerships

Credit reporting agency Equifax and global identity verification firm Mitek Systems formed a partnership. Their alliance aims to combat evolving digital fraud threats and enhance Equifax’s...

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AI-Powered Financial Crime Prevention Platform Silent Eight Prepares for IPO
AI-Powered Financial Crime Prevention Platform Silent Eight Prepares for IPO
September 22, 2023  |  Security & Fraud

Singapore-based company Silent Eight, which uses artificial intelligence (AI) to combat financial crimes such as money laundering and terrorist financing, reportedly aims to be ready for...

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White Castle Taps Uber’s White-Label Delivery as QSRs Contend With Aggregators
White Castle Taps Uber’s White-Label Delivery as QSRs Contend With Aggregators
September 22, 2023  |  Delivery

With quick-service restaurants (QSRs) weighing the advantages and disadvantages of relying on third-party aggregators, White Castle is leveraging Uber’s white-label platform, Uber Direct, for delivery...

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Family Dollar App Update Highlights Consumer Demand for Digital Experience In-Store
Family Dollar App Update Highlights Consumer Demand for Digital Experience In-Store
September 22, 2023  |  Retail

For the in-store shopping experience, digital is a key feature in the aisles, combining wallets, loyalty — and by extension, better inventory management. As reported...

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Federal Reserve Reduces Staff for First Time Since 2010
Federal Reserve Reduces Staff for First Time Since 2010
September 22, 2023  |  Personnel

The Federal Reserve is reportedly reducing its workforce, cutting approximately 300 positions this year. The staff cuts primarily affect the 12 regional reserve banks and...

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Darden Says Boosting Brands Pays Off Better Than Promotions
Darden Says Boosting Brands Pays Off Better Than Promotions
September 22, 2023  |  Restaurant innovation

Darden Restaurants, the parent company of popular dining chains including Olive Garden, The Capital Grille and LongHorn Steakhouse, has adopted a strategic shift in its...

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