News

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

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Report: ShipBob Planning to Launch IPO With $4 Billion Valuation
Report: ShipBob Planning to Launch IPO With $4 Billion Valuation
April 19, 2024  |  IPO

ShipBob is reportedly planning to launch its initial public offering (IPO) as soon as late 2024. The listing could value the eCommerce fulfillment service provider...

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Shoppers May Ditch Preferred Merchants If Credit Card Surcharges Expand
Shoppers May Ditch Preferred Merchants If Credit Card Surcharges Expand
April 19, 2024  |  Retail

With consumers struggling under ongoing financial challenges, many may find credit card surcharges to be the proverbial straw that breaks the camel’s back, leading them...

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Streaming Platforms Navigate Shifting Market Dynamics Amid Subscriber Boom
Streaming Platforms Navigate Shifting Market Dynamics Amid Subscriber Boom
April 19, 2024  |  Streaming

Netflix’s first-quarter earnings report on Thursday (April 18) paints a picture of success, with nearly 270 million paying customers globally and a 15% year-over-year surge...

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EU Regulators Set to Accept Apple’s Proposals on Tap-and-Go Tech
EU Regulators Set to Accept Apple’s Proposals on Tap-and-Go Tech
April 19, 2024  |  Apple

European Union (EU) antitrust regulators are reportedly preparing to approve Apple’s tap-and-go mobile payments system proposals as early as May.  The tech company had proposed to open the...

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Brazil’s Click-and-Mortar™ Shoppers Underpin Pix and Instant Payments Growth
Brazil’s Click-and-Mortar™ Shoppers Underpin Pix and Instant Payments Growth
April 19, 2024  |  Retail

The rise of the Click-and-Mortar™ shopper in Brazil may give some tailwind to the use of Pix, the instant payment system that became operational in...

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P&G: Shoppers Are Done Trading Down to Private-Label
P&G: Shoppers Are Done Trading Down to Private-Label
April 19, 2024  |  Earnings

Many consumers may have traded down to private-label brands in earlier stages of the current period of high inflation, but now, according to Procter &...

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Airlines Say Tech Companies Driving Rebound in Business Travel
Airlines Say Tech Companies Driving Rebound in Business Travel
April 19, 2024  |  Earnings

Business travel has reportedly caught up with the booming business that leisure travel has enjoyed over the past three years. Three airlines that have released...

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Making Sense of Why FIs Are Tokenizing Real-World Assets 
Making Sense of Why FIs Are Tokenizing Real-World Assets 
April 19, 2024  |  Blockchain

The tokenization of real-world assets (RWA) is emerging as more than just a token exercise. It’s another function of the blockchain landscape that has captured...

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Tether and Telegram Join Forces to Enable Crypto Payments
Tether and Telegram Join Forces to Enable Crypto Payments
April 19, 2024  |  Cryptocurrency

Stablecoin issuer Tether has partnered with the TON Foundation to enable customers to send cryptocurrency payments using encrypted messaging service Telegram. This collaboration aims to...

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