News

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

Source: pymnts.com

OPay Halts $4 Billion NYSE IPO on Listing Day
OPay Halts $4 Billion NYSE IPO on Listing Day
November 01, 2026  |  IPO

OPay, a digital financial platform built for emerging markets, has decided to postpone its planned initial public offering due to “an ongoing inquiry by a...

READ MORE >
OpenAI Cuts Funding Target by $10 Billion as Investor Jitters Shake AI Markets
OpenAI Cuts Funding Target by $10 Billion as Investor Jitters Shake AI Markets
November 01, 2026  |  Artificial Intelligence

OpenAI has cut the target for its current funding round from $30 billion to $20 billion amid investor concerns about the artificial intelligence market, The...

READ MORE >
CarParts.com Launches Loyalty Program to Fuel Growth Phase
CarParts.com Launches Loyalty Program to Fuel Growth Phase
November 01, 2026  |  Earnings

CarParts.com has launched its first points-based based loyalty program as it shifts its focus to growth after largely completing its restructuring, CEO David Meniane said...

READ MORE >
Luxury Mystery Boxes Turn Shopping Into a $500 Surprise
Luxury Mystery Boxes Turn Shopping Into a $500 Surprise
October 31, 2026  |  Retail

Luxury shopping has developed a new answer to “What did you buy?” “I’ll know in a moment.” Beezie, a platform that combines collectibles with digital...

READ MORE >
Snack Giant Mondelez Says Inflation Pressure Drives Global Demand for Smaller Packs
Snack Giant Mondelez Says Inflation Pressure Drives Global Demand for Smaller Packs
October 30, 2026  |  Earnings

Mondelez International saw broad-based demand for its snack foods in the third quarter, despite concerns about inflation and the cost of living in both developed and...

READ MORE >
Samsung Warns AI Memory Shortage Will Worsen Through 2027
Samsung Warns AI Memory Shortage Will Worsen Through 2027
October 30, 2026  |  Artificial Intelligence

Samsung expects the demand for memory to “far exceed” supply in 2027, the company said in a Thursday (Oct. 29) press release announcing its third quarter financial...

READ MORE >
Scotiabank Wins Fed Approval to Buy Oklahoma-Based MapleMark Bank
Scotiabank Wins Fed Approval to Buy Oklahoma-Based MapleMark Bank
October 30, 2026  |  Banking

The Federal Reserve Board approved the application by the Bank of Nova Scotia to become a bank holding company by acquiring Dallas, Texas-based Maple Financial...

READ MORE >
Revolve Lifts Revenue per Visit By 50% With AI-Personalized Landing Pages
Revolve Lifts Revenue per Visit By 50% With AI-Personalized Landing Pages
October 30, 2026  |  Retail

A shopper who clicked a Revolve ad used to land on the same brand or category page as everyone else, whatever the ad showed. The...

READ MORE >
Binance Hack Puts Crypto Payment Security Under Scrutiny
Binance Hack Puts Crypto Payment Security Under Scrutiny
October 30, 2026  |  Cybersecurity

Binance’s pledge to absorb an estimated $6.3 billion theft leaves the exchange responsible for replacing customers’ assets while investigators pursue a recovery whose timing and...

READ MORE >