News

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

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Amazon’s ‘Just Walk Out’ Pivot: Reimagining Tech
Amazon’s ‘Just Walk Out’ Pivot: Reimagining Tech
April 08, 2024  |  Amazon

Amazon is scaling back its artificial intelligence (AI) system that lets customers leave stores without having to provide payment, and experts say there are lessons to...

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Consulting Firm Greylock McKinnon Associates Reports Data Breach Affecting 341,650
Consulting Firm Greylock McKinnon Associates Reports Data Breach Affecting 341,650
April 08, 2024  |  Cybersecurity

Greylock McKinnon Associates, a Boston consulting firm that provides support services in civil litigation matters, suffered a data breach that impacted 341,650 people. The breach...

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Firms Tap Passkeys to Safeguard Connected Economy Digital Infrastructure
Firms Tap Passkeys to Safeguard Connected Economy Digital Infrastructure
April 08, 2024  |  Cybersecurity

With cyberthreats evolving in sophistication and frequency, firms are constantly seeking robust solutions to strengthen their digital defenses.  Passkeys have emerged as a player in...

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FBI: More Than $12 Billion Lost to Online Fraud in 2023
FBI: More Than $12 Billion Lost to Online Fraud in 2023
April 08, 2024  |  Security & Fraud

American consumers and business owners lost a record $12.5 billion last year to online scammers, marking a 22% spike in cybercrime over 2022, according to...

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Swiss National Bank Chairman Says Retail CBDC Too Risky
Swiss National Bank Chairman Says Retail CBDC Too Risky
April 08, 2024  |  CBDC

Swiss National Bank (SNB) Chairman Thomas Jordan said Monday (April 8) that the risks of a central bank digital currency (CBDC) issued to the general public would outweigh...

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Standardization Key to Scaling Paperless Invoices Across Fragmented B2B Marketplace  
Standardization Key to Scaling Paperless Invoices Across Fragmented B2B Marketplace  
April 08, 2024  |  B2B Payments

No two businesses are exactly the same. In that sense, they join the rarified air of fingerprints and snowflakes.  But nearly all businesses do share...

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Sunrate Adds Apple Pay to Payment and Treasury Management Platform
Sunrate Adds Apple Pay to Payment and Treasury Management Platform
April 08, 2024  |  Apple Pay

Sunrate has added Apple Pay to its global payment and treasury management platform. This new option offers the company’s commercial credit card customers a safer, more secure and...

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JPMorgan’s Dimon Sees Banking System ‘Shrinking’ Relative to FinTechs and Private Markets  
JPMorgan’s Dimon Sees Banking System ‘Shrinking’ Relative to FinTechs and Private Markets  
April 08, 2024  |  Banking

JPMorgan Chase CEO Jamie Dimon weighed in on all manner of subjects in his latest annual letter to shareholders — taking particular note of the...

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Zolar Raises $109 Million to Launch Financing Solution for Solar
Zolar Raises $109 Million to Launch Financing Solution for Solar
April 08, 2024  |  Consumer Finance

Zolar, a digital platform for residential solar in Germany, has reportedly raised €100 million (about $109 million) in funding to launch a new financing solution...

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