News

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

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Apple TV Subscriptions Surge Shows How Familiarity Can Breed Retail Subscriber Growth
Apple TV Subscriptions Surge Shows How Familiarity Can Breed Retail Subscriber Growth
September 08, 2023  |  Subscription Commerce

Retail product subscriptions have become increasingly popular among consumers, offering convenience and personalized experiences. And as the subscription industry continues to grow, providers are expanding...

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Partnerships and New Tech Announcements Dominate as FinTech IPO Slips 0.9%
Partnerships and New Tech Announcements Dominate as FinTech IPO Slips 0.9%
September 08, 2023  |  IPO

Earnings season has trailed off — and now come the headlines focused on technology, partnerships and entry into new markets as FinTechs continue to try...

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Report: JPMorgan Chase Explores Blockchain for Cross-Border Payments
Report: JPMorgan Chase Explores Blockchain for Cross-Border Payments
September 07, 2023  |  Digital-First Banking

JPMorgan Chase is reportedly considering using blockchain technology to create a digital deposit token for faster cross-border payments and settlements, Bloomberg has reported, citing an anonymous source...

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Alibaba Adds Smart Assistant and Upgraded Image Search to B2B Platform
Alibaba Adds Smart Assistant and Upgraded Image Search to B2B Platform
September 07, 2023  |  Commercial Payments

Alibaba.com has added enhancements to its global B2B eCommerce platform to help small business owners level up their sourcing and supply chain operations. “We are making...

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Imbue Secures $200 Million Investment to Develop Practical AI Agents
Imbue Secures $200 Million Investment to Develop Practical AI Agents
September 07, 2023  |  artificial intelligence

Artificial intelligence (AI) startup Imbue, formerly known as Generally Intelligent, has raised $200 million in a Series B funding round, with a valuation of over $1...

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Anthropic Introduces Monthly Subscription Plan for AI Assistant
Anthropic Introduces Monthly Subscription Plan for AI Assistant
September 07, 2023  |  artificial intelligence

Anthropic has introduced a paid plan for its artificial intelligence (AI) assistant, Claude.  The Claude Pro plan offers subscribers five times more usage of the AI assistant, which is...

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Mystery Box Mystique Keeps 20% of Gen Z Subscribers Signed Up
Mystery Box Mystique Keeps 20% of Gen Z Subscribers Signed Up
September 07, 2023  |  Subscription Commerce

Consider it another form of splurge for the young generation, which represents an oversized share of segment subscribers.  Mystery boxes, where subscribers get “surprised” with items focused...

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Corcentric Unveils AR Management Tool in France
Corcentric Unveils AR Management Tool in France
September 07, 2023  |  Accounts Receivable

Procurement and billing solutions firm Corentric has launched its Managed Accounts Receivable (AR) solution in France to help eliminate issues that challenge AR departments. According to Xavier Pierre-Bez,...

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FDIC Chairman Says Banking Industry Remained Resilient in Q2
FDIC Chairman Says Banking Industry Remained Resilient in Q2
September 07, 2023  |  Banking

The banking industry remained resilient while encountering a mix of challenges and positive developments in the second quarter, according to the Federal Deposit Insurance Corporation...

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