News

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

(source: pymnts.com)

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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Brazil’s Click-and-Mortar™ Shoppers Underpin Pix and Instant Payments Growth
Brazil’s Click-and-Mortar™ Shoppers Underpin Pix and Instant Payments Growth
April 19, 2024  |  Retail

The rise of the Click-and-Mortar™ shopper in Brazil may give some tailwind to the use of Pix, the instant payment system that became operational in...

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P&G: Shoppers Are Done Trading Down to Private-Label
P&G: Shoppers Are Done Trading Down to Private-Label
April 19, 2024  |  Earnings

Many consumers may have traded down to private-label brands in earlier stages of the current period of high inflation, but now, according to Procter &...

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Airlines Say Tech Companies Driving Rebound in Business Travel
Airlines Say Tech Companies Driving Rebound in Business Travel
April 19, 2024  |  Earnings

Business travel has reportedly caught up with the booming business that leisure travel has enjoyed over the past three years. Three airlines that have released...

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Making Sense of Why FIs Are Tokenizing Real-World Assets 
Making Sense of Why FIs Are Tokenizing Real-World Assets 
April 19, 2024  |  Blockchain

The tokenization of real-world assets (RWA) is emerging as more than just a token exercise. It’s another function of the blockchain landscape that has captured...

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Tether and Telegram Join Forces to Enable Crypto Payments
Tether and Telegram Join Forces to Enable Crypto Payments
April 19, 2024  |  Cryptocurrency

Stablecoin issuer Tether has partnered with the TON Foundation to enable customers to send cryptocurrency payments using encrypted messaging service Telegram. This collaboration aims to...

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Amazon-Walmart Rivalry for Consumer Retail Spend Turned in 2022
Amazon-Walmart Rivalry for Consumer Retail Spend Turned in 2022
April 19, 2024  |  Retail

PYMNTS Intelligence has closely watched the two leading U.S. retail giants — Amazon and Walmart — duke it out since 2019, sharing our findings in...

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Regions Bank Struggles With Expenses; Bullish on Consumer
Regions Bank Struggles With Expenses; Bullish on Consumer
April 19, 2024  |  Earnings

Two months after laying off 3% of its workforce, the Birmingham, Alabama-based Regions Bank posted disappointing Q1 earnings Friday (April 19). The southeastern regional’s results...

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