News

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

(source: pymnts.com)

Senators Press Banks for Better Defenses Against Wire Fraud
Senators Press Banks for Better Defenses Against Wire Fraud
April 19, 2024  |  Security & Fraud

The looming specter of wire fraud has spurred lawmakers to press big banks for better defenses against bad actors — and a detailing of the impact the...

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CFOs’ Top 4 Concerns Reveal Importance of Controlling What’s Controllable
CFOs’ Top 4 Concerns Reveal Importance of Controlling What’s Controllable
April 19, 2024  |  CFO

The concerns keeping CFOs awake at night help define their business strategies in the morning. And with the news this week that B2B credit card...

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Convenience Drives Non-Cash Users to Pay With Card
Convenience Drives Non-Cash Users to Pay With Card
April 19, 2024  |  Payment Methods

For consumers no longer carrying wallets full of cash, ease and convenience are top of mind, PYMNTS Intelligence reveals. By the Numbers The June 2023...

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Billion-Dollar Buddies? Forecasting A Boom in the AI Companion Industry
Billion-Dollar Buddies? Forecasting A Boom in the AI Companion Industry
April 19, 2024  |  artificial intelligence

The industry of companion apps and robots powered by artificial intelligence (AI) is rapidly expanding. Greg Isenberg, formerly of WeWork’s startup hub, recently speculated on...

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This Week in B2B: Lending Innovations, AI and Digital Payments 
This Week in B2B: Lending Innovations, AI and Digital Payments 
April 19, 2024  |  B2B Payments

The B2B landscape is on the cusp of the next era in payments innovation.  As PYMNTS readers already know, this new and exciting era is...

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Report: ShipBob Planning to Launch IPO With $4 Billion Valuation
Report: ShipBob Planning to Launch IPO With $4 Billion Valuation
April 19, 2024  |  IPO

ShipBob is reportedly planning to launch its initial public offering (IPO) as soon as late 2024. The listing could value the eCommerce fulfillment service provider...

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Shoppers May Ditch Preferred Merchants If Credit Card Surcharges Expand
Shoppers May Ditch Preferred Merchants If Credit Card Surcharges Expand
April 19, 2024  |  Retail

With consumers struggling under ongoing financial challenges, many may find credit card surcharges to be the proverbial straw that breaks the camel’s back, leading them...

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Streaming Platforms Navigate Shifting Market Dynamics Amid Subscriber Boom
Streaming Platforms Navigate Shifting Market Dynamics Amid Subscriber Boom
April 19, 2024  |  Streaming

Netflix’s first-quarter earnings report on Thursday (April 18) paints a picture of success, with nearly 270 million paying customers globally and a 15% year-over-year surge...

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EU Regulators Set to Accept Apple’s Proposals on Tap-and-Go Tech
EU Regulators Set to Accept Apple’s Proposals on Tap-and-Go Tech
April 19, 2024  |  Apple

European Union (EU) antitrust regulators are reportedly preparing to approve Apple’s tap-and-go mobile payments system proposals as early as May.  The tech company had proposed to open the...

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