News

Delivery
DoorDash Grocery Growth Fuels 37% Marketplace Sales Jump
May 06, 2026

DoorDash used its first-quarter earnings call to press the same argument it made in Q4. The next leg of competition in local commerce runs through whoever delivers the best end-to-end experience. CEO Tony Xu said customers judge platforms on whether they got the exact item...

eCommerce
Pattern’s Non-Amazon Sales Surge 119% on TikTok and Walmart Growth
May 06, 2026

As artificial intelligence-powered shopping tools and social commerce platforms redraw online retail, Pattern Group executives said they are positioning the company at the center of that shift as its partner brands look to grow sales online. Get the Full Story Complete the form to unlock...

Investments
Robinhood Opens Private Markets to 150,000 Retail Investors
May 06, 2026

Robinhood’s first fund designed to expand retail investors’ access to private markets has drawn 150,000 retail investors, Robinhood CEO Vlad Tenev said Tuesday (May 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Kraft Heinz Slashes Prices as Consumer Affordability Hits Breaking Point
May 06, 2026

Kraft Heinz CEO Steve Cahillane said his company is focused on lowering prices because consumers are having trouble paying their bills. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
Big Tech’s Personal AI Agents Are Coming for the to-Do List
May 06, 2026

Google and Meta are building personal artificial intelligence agents, moving at the same time toward the same idea of an assistant that operates in the background, handles tasks without being asked twice, and gets sharper at anticipating needs the longer it runs. Get the Full...

Cross-border Payments
Visa Canada and RemitBee Team to Simplify Cross-Border Payments
May 06, 2026

Visa Canada launched a collaboration with remittance-focused FinTech platform RemitBee, according to a Wednesday (May 6) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Artificial Intelligence
PhonePe AI Agent Cuts Payment Gateway Integration to Minutes
May 06, 2026

PhonePe launched an artificial intelligence agent that enables merchants to integrate the company’s payment gateway through a conversational interface. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Investments
OpenTrade Raises $17 Million to Meet Stablecoin Infrastructure Demand
May 06, 2026

Stablecoin infrastructure platform OpenTrade has raised $17 million in new funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...

Artificial Intelligence
Anthropic Races OpenAI to Capture the Banking’s Services Core
May 06, 2026

Anthropic’s launch this week of 10 financial services-focused artificial intelligence agents is the kind of product announcement that may mean more than the product itself. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...