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

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Bank of America: AI Poised to Disrupt Every Sector
Bank of America: AI Poised to Disrupt Every Sector
October 11, 2023  |  artificial intelligence

Artificial intelligence (AI) is predicted to have a significant economic impact, potentially reaching $15.7 trillion by the end of the decade, according to Bank of America....

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Uber Eats Announces Multi-Store Ordering in Bid for Consumer Loyalty
Uber Eats Announces Multi-Store Ordering in Bid for Consumer Loyalty
October 11, 2023  |  Aggregators

With leading restaurant aggregators offering roughly interchangeable services, Uber Eats is expanding its capabilities with the addition of Multi-Store Ordering to stand out to consumers. ...

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Citi Chair: New Capital Requirements Will Hurt Lending
Citi Chair: New Capital Requirements Will Hurt Lending
October 11, 2023  |  Bank Regulation

Citigroup’s chairman is the latest banking executive to warn against the U.S. plan for new capital requirements. In an interview with Bloomberg published Wednesday (Oct. 11), John C. Dugan said...

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Lloyds Offers New Merchant Tools Via Expanded FreedomPay Partnership
Lloyds Offers New Merchant Tools Via Expanded FreedomPay Partnership
October 11, 2023  |  Partnerships

Lloyds Bank said it has expanded its partnership with consumer-centric commerce platform FreedomPay. The British banking giant announced Wednesday (Oct. 11) that merchants using its Bank Cardnet...

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Carefull Raises $16.5 Million for Financial Safety Platform for Senior Citizens
Carefull Raises $16.5 Million for Financial Safety Platform for Senior Citizens
October 11, 2023  |  Investments

Carefull secured $16.5 million in funding through a Series A round to grow its artificial intelligence (AI)-powered financial safety platform for senior citizens. Carefull will...

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Klarna Unveils AI-Driven Photo Shopping Tool
Klarna Unveils AI-Driven Photo Shopping Tool
October 11, 2023  |  Retail

Klarna has debuted an artificial intelligence (AI)-powered shopping tool with the help of OpenAI. The Swedish payments company announced the new feature Wednesday (Oct. 11) as part of...

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Amazon’s ‘Buy Again’ Hopes to Rekindle Subscription Momentum
Amazon’s ‘Buy Again’ Hopes to Rekindle Subscription Momentum
October 11, 2023  |  Subscriptions

Customer acquisition is an expensive endeavor. Companies want to have an installed base of avid users — enthusiastic buyers who remain loyal, transact frequently and...

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Adobe, Microsoft Lead Coalition to Source Origin of AI Content
Adobe, Microsoft Lead Coalition to Source Origin of AI Content
October 11, 2023  |  Artificial Intelligence

Fake news is getting more real, and so is the problem for companies and their audiences. That’s because as the capabilities of generative artificial intelligence...

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Budget Airlines Face Challenges as Post-Pandemic Travel Boom Slows
Budget Airlines Face Challenges as Post-Pandemic Travel Boom Slows
October 11, 2023  |  Travel Payments

A two-year, post-pandemic boom in travel is reportedly showing signs of slowing down. This new trend is having a mixed impact on airlines, with budget...

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