News

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

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Nelly Raises $52 Million to Expand Healthcare Platform in Europe
Nelly Raises $52 Million to Expand Healthcare Platform in Europe
January 15, 2025  |  Investments

Berlin-based Nelly raised 50 million euros (about $52 million) to further develop its platform for medical practices, increase its market share in Germany and expand...

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AI Avatar Startup Synthesia Valued at $2.1 Billion
AI Avatar Startup Synthesia Valued at $2.1 Billion
January 15, 2025  |  Investments

British artificial intelligence (AI) firm Synthesia is now a $2.1 billion company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Prove Acquires Portabl to Offer Reusable Digital Identities
Prove Acquires Portabl to Offer Reusable Digital Identities
January 15, 2025  |  Identity

Identity verification firm Prove has acquired fellow digital identity company Portabl. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Retailers Master Data Readiness to Deliver Amazon-Like Experiences
Retailers Master Data Readiness to Deliver Amazon-Like Experiences
January 15, 2025  |  eCommerce

The rules of retail are changing fast, and data is the ultimate playmaker. From anticipating customer preferences to optimizing supply chains, the ability to harness...

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Small Banks and Credit Unions Turn to Direct Issuing for Top-of-Wallet
Small Banks and Credit Unions Turn to Direct Issuing for Top-of-Wallet
January 15, 2025  |  Credit Cards

For banks and credit unions looking to modernize, the timing has never been better. Get the Full Story Complete the form to unlock this article...

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Wayfair CTO on Bringing AI Into the Virtual Living Room
Wayfair CTO on Bringing AI Into the Virtual Living Room
January 15, 2025  |  Retail

Optimization plays a central role in business growth, whether it’s through adopting new technologies, rethinking operational workflows or introducing innovative products and services. Get the...

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91% of Mid-Sized Firms Plan to Expand AP Automation to Combat Fraud
91% of Mid-Sized Firms Plan to Expand AP Automation to Combat Fraud
January 15, 2025  |  Fraud Prevention

As cybercriminals target more businesses, accounts payable (AP) departments are more vulnerable to fraud. With more than 80% of U.S. companies affected by sophisticated digital...

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Ingo’s Edwards Credits ‘Culture of Possibility’ for Embedded Banking Progress
Ingo’s Edwards Credits ‘Culture of Possibility’ for Embedded Banking Progress
January 15, 2025  |  Opinion

Technology can mitigate risk, enhance security and optimize customer interactions in banking and payments, Ingo Payments CEO Drew Edwards writes in a new PYMNTS eBook,...

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Report: Meta and Microsoft Plan Layoffs
Report: Meta and Microsoft Plan Layoffs
January 14, 2025  |  Big Tech

Tech giants Meta and Microsoft are reportedly cutting back on their headcount. Get the Full Story Complete the form to unlock this article and enjoy...

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