News

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

(source: pymnts.com)

G20 Countries Want ‘Swift’ Passage of Global Crypto Rules
G20 Countries Want ‘Swift’ Passage of Global Crypto Rules
September 10, 2023  |  Cryptocurrency

The heads of the G20 nations are calling for rapid adoption of global cryptocurrency rules. A report Sunday (Sept. 10) by Cointelegraph said this framework...

READ MORE >
Bankman-Fried Lawyers Press for Better Jailhouse Internet Access
Bankman-Fried Lawyers Press for Better Jailhouse Internet Access
September 10, 2023  |  Legal

The war over Sam Bankman-Fried’s jailhouse internet access continues. Attorneys for the accused cryptocurrency fraudster said in a memo to the court Friday (Sept. 8)...

READ MORE >
Microsoft Offers Legal Protection for AI Users in Copyright Cases
Microsoft Offers Legal Protection for AI Users in Copyright Cases
September 10, 2023  |  artificial intelligence

Microsoft says it will provide some legal safeguards to customers using its AI.  The tech giant announced last week the launch of its Copilot Copyright...

READ MORE >
Alibaba Cloud CEO Daniel Zhang Steps Down
Alibaba Cloud CEO Daniel Zhang Steps Down
September 10, 2023  |  eCommerce

China’s Alibaba Group says the head of its cloud unit — and ex-CEO — will resign. A report Sunday (Sept. 10) by Reuters notes that...

READ MORE >
G20 Countries Pledge ‘Responsible AI Development’
G20 Countries Pledge ‘Responsible AI Development’
September 10, 2023  |  artificial intelligence

Can world leaders use artificial intelligence for good while protecting people from its potential ills? That question was at the center of this year’s Group...

READ MORE >
Wells Fargo Fake Accounts Settlements Nears $5 Billion Mark
Wells Fargo Fake Accounts Settlements Nears $5 Billion Mark
September 10, 2023  |  Legal

Wells Fargo will pay $1 billion to settle an investor lawsuit tied to authorized customer accounts. The settlement was approved Friday (Sept. 8) by U.S. District...

READ MORE >
Capital One Tries to Woo Travelers With Airport Lounges
Capital One Tries to Woo Travelers With Airport Lounges
September 10, 2023  |  Travel Payments

Capital One is expanding its airport lounge chain in a bid to win cardholding travelers. As Bloomberg News reported Friday (Sept. 8), the lender just opened its...

READ MORE >
Walmart Weighs Investment in ChenMed Senior Care Clinics
Walmart Weighs Investment in ChenMed Senior Care Clinics
September 10, 2023  |  Retail

Walmart is reportedly considering purchasing a majority share of primary care chain ChenMed. The proposed deal, reported Friday (Sept. 8) by Bloomberg News, would mark Walmart’s largest healthcare foray...

READ MORE >
Ruling: White House Can’t ‘Coerce’ Social Platforms Over COVID Content
Ruling: White House Can’t ‘Coerce’ Social Platforms Over COVID Content
September 10, 2023  |  Legal

A federal appeals court has upheld a ruling limiting how the White House can communicate with social media platforms. The ruling Friday (Sept. 8) by the U.S. Fifth Circuit Court...

READ MORE >