News

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

(source: pymnts.com)

Skild AI Raises $300 Million to Build ‘General-Purpose Brain’ for Robots
Skild AI Raises $300 Million to Build ‘General-Purpose Brain’ for Robots
July 11, 2024  |  Investments

Skild AI has raised $300 million in a Series A funding round to build an artificial intelligence (AI) model for robotics. The company will use...

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House Committee Votes to Aid Defense of TikTok Ban
House Committee Votes to Aid Defense of TikTok Ban
July 11, 2024  |  Politics

The U.S. House Energy and Commerce Committee reportedly voted Thursday (July 11) to give the Justice Department a transcript of a closed-door hearing about threats posed by TikTok....

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Audible Says New Royalty Model Monetizes More Content
Audible Says New Royalty Model Monetizes More Content
July 11, 2024  |  Streaming

Amazon-owned online audiobook and podcast service Audible is rolling out a new royalty model that will enable creators to monetize more types of content. The model will...

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Zone & Co Adds OCR Capabilities With Staria Flow Acquisition
Zone & Co Adds OCR Capabilities With Staria Flow Acquisition
July 11, 2024  |  Acquisitions

Zone & Co has acquired Staria’s accounts payable (AP) automation solution, Staria Flow. This acquisition will add enterprise optical character recognition (OCR) capabilities to Zone’s procure-to-pay...

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Instant Payments Versus Stablecoins: The Race to Rule Real-Time Transactions
Instant Payments Versus Stablecoins: The Race to Rule Real-Time Transactions
July 11, 2024  |  Payment Methods

The future of money movement is accelerating globally. With real-time payments on the U.S. RTP® Network and in Europe setting new usage records, and awareness...

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Mastercard and Network International Launch Business Payment Solutions in UAE
Mastercard and Network International Launch Business Payment Solutions in UAE
July 11, 2024  |  B2B Payments

Network International has introduced new Business Payment Solutions for companies in the United Arab Emirates (UAE). These solutions were launched in partnership with Mastercard and include card...

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Flipkart Adds New Bill Pay, Recharge Options to eCommerce Platform
Flipkart Adds New Bill Pay, Recharge Options to eCommerce Platform
July 11, 2024  |  Digital Payments

Walmart-owned Indian eCommerce marketplace Flipkart added new ways for customers to pay bills and recharge payments while shopping on the platform. The company has added...

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Shoppers Subscribe to Retailers’ Membership Programs for Beauty Deals
Shoppers Subscribe to Retailers’ Membership Programs for Beauty Deals
July 11, 2024  |  Retail

As retailers look to win subscribers over to their paid membership programs to bring in revenue and drive loyalty, PYMNTS Intelligence indicates that, if Walmart+...

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Coinbase Debuts Wallet App as Hub for Onchain Activity
Coinbase Debuts Wallet App as Hub for Onchain Activity
July 11, 2024  |  Blockchain

Cryptocurrency exchange Coinbase introduced a centralized hub for monitoring onchain activity. “In the rapidly evolving, decentralized world of crypto, keeping track of your onchain activities...

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