News

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

(source: pymnts.com)

FIS Adds Biometrics, Money Movement Capabilities to Mobile Banking App
FIS Adds Biometrics, Money Movement Capabilities to Mobile Banking App
May 22, 2024  |  Digital Banking

FIS has launched a new version of its mobile banking application for financial institutions. With the new FIS Digital One Flex Mobile 6.0, financial institutions can enable their...

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AI Regulations Take Shape Worldwide
AI Regulations Take Shape Worldwide
May 22, 2024  |  artificial intelligence

New artificial intelligence (AI) regulations are rolling out around the world. Colorado has become the first U.S. state to regulate AI, aiming to prevent consumer...

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DocuSign CEO Says Company Aims to Build an ‘Independent Public Company’
DocuSign CEO Says Company Aims to Build an ‘Independent Public Company’
May 22, 2024  |  Business

DocuSign is focused on building itself as an independent public company, according to the electronic signature platform’s CEO. Allan Thygesen made that pronouncement in an interview with CNBC...

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Faster Payments Poised to Drive Faster Growth for Small Businesses
Faster Payments Poised to Drive Faster Growth for Small Businesses
May 22, 2024  |  Faster Payments

Small- to medium-sized businesses (SMBs) can suffer the most from big delays in getting paid. With the news that the U.S. securities market will be converting to a T+1...

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Walmart Adds Pawp’s Telehealth Service for Pets to Membership Program
Walmart Adds Pawp’s Telehealth Service for Pets to Membership Program
May 22, 2024  |  Retail

Walmart Adds Pawp’s Telehealth Service for Pets to Membership Subscribers to the Walmart+ membership program now have free, unlimited access to Pawp’s telehealth service for...

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eBay and Rakuten Bet Resale Shoppers Will Flock to Japanese Fashion
eBay and Rakuten Bet Resale Shoppers Will Flock to Japanese Fashion
May 22, 2024  |  Retail

As consumers look for more affordable ways to get unique and/or high-quality apparel, eBay and Rakuten are testing to see if U.S. consumers will jump at the chance to buy secondhand Japanese fashion....

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Meta AI Head: ChatGPT Will Never Reach Human Intelligence
Meta AI Head: ChatGPT Will Never Reach Human Intelligence
May 22, 2024  |  artificial intelligence

Meta’s chief AI scientist thinks large language models will never reach human intelligence. Yann LeCun asserts that artificial intelligence (AI) large language models (LLMs) such as ChatGPT...

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CFPB Says BNPL Must Provide Consumer Protections Offered by Credit Cards
CFPB Says BNPL Must Provide Consumer Protections Offered by Credit Cards
May 22, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) ruled Wednesday (May 22) that buy now, pay later (BNPL) vendors are credit card providers and must provide some...

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Mastercard Uses AI to Solve ‘Jigsaw’ of Credit Card Fraud
Mastercard Uses AI to Solve ‘Jigsaw’ of Credit Card Fraud
May 22, 2024  |  Fraud Prevention

Mastercard says it is using generative AI to more quickly detect compromised credit cards. “Until now fraudsters may have thought they were operating in obscurity, seeking to...

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