News

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

Source: pymnts.com

Capital One Reportedly Settling Savings Account Suit for $425 Million

Capital One Reportedly Settling Savings Account Suit for $425 Million
Capital One Reportedly Settling Savings Account Suit for $425 Million
May 18, 2025  |  Banking

Capital One will reportedly pay $425 million to settle a lawsuit accusing it of cheating savings account depositors. Get the Full Story Complete the form...

READ MORE >
10 Father’s Day Gifts for Dads Who’d Rather Be at a Bank Branch
10 Father’s Day Gifts for Dads Who’d Rather Be at a Bank Branch
May 17, 2025  |  Banking

He’s got a wallet thicker than a FinTech unicorn’s pitch deck, a portfolio more diversified than a payments processor’s API, and a love for all...

READ MORE >
Federal Reserve to Cut Staff 10% Over ‘Couple of Years’
Federal Reserve to Cut Staff 10% Over ‘Couple of Years’
May 16, 2025  |  Personnel

The Federal Reserve plans to cut its workforce by about 10% “over the next couple of years” amid a periodic review of its staffing levels, Federal...

READ MORE >
Anthropic Snags $2.5 Billion Credit Line as AI Demand Rises
Anthropic Snags $2.5 Billion Credit Line as AI Demand Rises
May 16, 2025  |  Artificial Intelligence

Anthropic received a $2.5 billion, five-year revolving credit facility earlier this week to pay for upfront costs as demand for artificial intelligence ratchets up. Get...

READ MORE >
Walmart Prepares for a Future Where AI Shops for Consumers
Walmart Prepares for a Future Where AI Shops for Consumers
May 16, 2025  |  Artificial Intelligence

Walmart is gearing up for a shift in consumer behavior as artificial intelligence begins to take a more active role in how people shop. Get...

READ MORE >
Apple Disputes Epic Games’ Report of Denial of App Store Submission
Apple Disputes Epic Games’ Report of Denial of App Store Submission
May 16, 2025  |  Apple

Apple and Epic Games are reportedly sparring over Apple’s denial of Epic Games’ resubmission to place its game Fortnite in the App Store. Get the...

READ MORE >
Nuvei to Enable eCommerce Businesses to Accept Wero Digital Wallet
Nuvei to Enable eCommerce Businesses to Accept Wero Digital Wallet
May 16, 2025  |  Digital Payments

Canadian FinTech company Nuvei has joined the European Payments Initiative (EPI) and plans to enable eCommerce businesses to accept EPI’s digital wallet, Wero, in their online checkouts. Get the Full...

READ MORE >
Newman’s Own Uses GenAI to Compete With Consumer Products Giants
Newman’s Own Uses GenAI to Compete With Consumer Products Giants
May 16, 2025  |  artificial intelligence

In a fiercely competitive food industry dominated by multinational conglomerates, Newman’s Own is turning to generative artificial intelligence (AI) to level the playing field. Get...

READ MORE >
Consumers Brace for Economic Storm, Confidence Plunges to 3-Year Low
Consumers Brace for Economic Storm, Confidence Plunges to 3-Year Low
May 16, 2025  |  Economy

Consumer gloom is not quite at historic levels — but it’s awfully close. Get the Full Story Complete the form to unlock this article and...

READ MORE >