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

Source: pymnts.com

75% of Shoppers Hit Prime Day, Walmart+ Sales Looking for Deals
75% of Shoppers Hit Prime Day, Walmart+ Sales Looking for Deals
August 21, 2024  |  BNPL

A recent PYMNTS Intelligence report, “BNPL Fuels Essential Spending Surge on Amazon Prime Day, Walmart+ Week,” compares data from this year’s Amazon Prime Day and...

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Airtel Payments Bank Adds Biometric Verification Solution to Protect Accounts
Airtel Payments Bank Adds Biometric Verification Solution to Protect Accounts
August 20, 2024  |  Biometrics

India’s Airtel Payments Bank has added a biometric verification solution called Face Match to enhance the security of customer accounts. This solution uses facial recognition...

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Shadow Banking’s Surge Leads to ‘Know Your Business’ Priority
Shadow Banking’s Surge Leads to ‘Know Your Business’ Priority
August 20, 2024  |  Bank Regulation

There used to be an old radio show that asked about the evil that lurked in peoples’ hearts. “The Shadow knows,” intoned the narrator. We’ll...

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Do GM Layoffs Signal a Speed Bump for Connected Cars?
Do GM Layoffs Signal a Speed Bump for Connected Cars?
August 20, 2024  |  Connected Economy

Layoffs signal that a company is changing strategies, pulling back … maybe the market demand is not there that had been anticipated. In the wake...

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AI Startup Anthropic Faces Copyright Infringement Lawsuit From 3 Authors
AI Startup Anthropic Faces Copyright Infringement Lawsuit From 3 Authors
August 20, 2024  |  Legal

Artificial intelligence (AI) startup Anthropic is reportedly the target of a copyright infringement lawsuit filed Tuesday (Aug. 20) in California. Three authors allege in the...

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Cross-Border eCommerce Is Reshaping B2B Procurement
Cross-Border eCommerce Is Reshaping B2B Procurement
August 20, 2024  |  B2B Payments

The complexity of the business-to-business (B2B) space is primarily what causes it to lag consumer-facing innovations. B2B transactions and the regulations they are subject to...

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Best Buy Introduces AI-Powered Delivery Tracking, Signaling Shift in Retail Logistics
Best Buy Introduces AI-Powered Delivery Tracking, Signaling Shift in Retail Logistics
August 20, 2024  |  Delivery

Best Buy is rolling out an artificial intelligence (AI)-powered delivery tracking system that promises minute-by-minute updates. The company aims to satisfy customers who are increasingly...

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Teladoc Health’s New CEO Emphasizes Potential for Improvement Amid Mixed Results
Teladoc Health’s New CEO Emphasizes Potential for Improvement Amid Mixed Results
August 20, 2024  |  Healthcare

Teladoc Health boasts substantial strengths and is positioned for enhanced performance, but according to new CEO Chuck Divita, there is work to do. “The company...

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Shein Alleges Copyright Infringement in Lawsuit Against Temu
Shein Alleges Copyright Infringement in Lawsuit Against Temu
August 20, 2024  |  Legal

Fast-fashion giant Shein reportedly sued rival company Temu, alleging copyright infringement. In a civil complaint filed in Washington, D.C., Shein alleged that Temu encourages sellers...

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