News

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

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Checkout.com Parent Company Reduces Losses by Cutting Expenses
Checkout.com Parent Company Reduces Losses by Cutting Expenses
January 02, 2025  |  Business

U.K.-based Checkout Ltd., the parent company of Checkout.com, reduced its loss from operating activities from $138 million in 2022 to $8 million in 2023. This improvement...

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New Year, New Supply Chain: Procurement Innovations Shake Up Growth
New Year, New Supply Chain: Procurement Innovations Shake Up Growth
January 02, 2025  |  B2B Payments

As 2025 kicks off, B2B enterprises are looking internally for critical growth areas. Increasingly, what they are finding is that the procurement function represents a...

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Tether’s Market Value Hits 2-Year Low Amid New MiCA Rules
Tether’s Market Value Hits 2-Year Low Amid New MiCA Rules
January 02, 2025  |  Cryptocurrency

Stablecoin leader Tether has seen its market value decline amid new European Union cryptocurrency rules. The company’s USDT just had its sharpest weekly drop in two years,...

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Apple to Settle Siri Privacy Lawsuit for $95 Million
Apple to Settle Siri Privacy Lawsuit for $95 Million
January 02, 2025  |  Legal

Apple reportedly agreed to pay $95 million to settle a privacy lawsuit centered on its voice assistant, Siri. A preliminary settlement was filed Tuesday (Dec....

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SoundHound Launches AI Pact With EV-Maker Lucid
SoundHound Launches AI Pact With EV-Maker Lucid
January 02, 2025  |  Artificial Intelligence

Voice AI company SoundHound launched a partnership with electric vehicle maker Lucid. The car company released its hands-free voice assistant, Lucid Assistant, powered by SoundHound’s...

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2025 is a Pivotal Year for BNPL as Providers, CFPB Clash Over Regulations
2025 is a Pivotal Year for BNPL as Providers, CFPB Clash Over Regulations
January 02, 2025  |  BNPL

The Consumer Financial Protection Bureau (CFPB)’s continued push for regulation of buy now, pay later (BNPL) firms offers up a dual-edged sword: The agency’s interpretive...

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Cerence and Jaguar Land Rover Partner on AI-Powered in-Car Experience
Cerence and Jaguar Land Rover Partner on AI-Powered in-Car Experience
January 02, 2025  |  Partnerships

Cerence and luxury automaker Jaguar Land Rover (JLR) partnered to develop JLR’s next-generation in-car experience. The companies will leverage Cerence’s artificial intelligence-enabled technologies for transportation...

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Food Service Tech Firm PAR Acquires Delaget for $132 Million
Food Service Tech Firm PAR Acquires Delaget for $132 Million
January 02, 2025  |  Acquisitions

Food service technology company PAR Technology acquired Delaget, a restaurant analytics provider. The $132 million deal closed Tuesday (Dec. 31), according to a Thursday (Jan....

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Select Samsung Refrigerators to Enable Grocery Orders Through Instacart
Select Samsung Refrigerators to Enable Grocery Orders Through Instacart
January 02, 2025  |  Delivery

Select Samsung refrigerators will use artificial intelligence to help consumers manage their food inventory, place grocery orders through the refrigerator’s screen and receive those groceries...

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