News

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

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Amazon CEO Shareholder Letter Goes Big on AI and AWS
Amazon CEO Shareholder Letter Goes Big on AI and AWS
April 11, 2024  |  Amazon

Amazon CEO Andy Jassy published his 2023 Letter to Shareholders Thursday (April 11), outlining how the company is changing and its goals for the future. It’s a 28-minute read by...

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Goldman Sachs Appoints Investor Relations Head Carey Halio as Global Treasurer
Goldman Sachs Appoints Investor Relations Head Carey Halio as Global Treasurer
April 11, 2024  |  Personnel

Goldman Sachs has promoted its chief strategy officer and global head of investor relations, Carey Halio, to global treasurer. Halio will also become a member of the...

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Making Sense of How Firms Are Leveraging Real-Time Data
Making Sense of How Firms Are Leveraging Real-Time Data
April 11, 2024  |  Data

An uncertain operating environment calls for controlling what is controllable. And with Mastercard’s reshuffling of its executive team on Tuesday (April 9) to add a data team,...

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Mimo Launches Financial Management Platform for Small Businesses, Accountants
Mimo Launches Financial Management Platform for Small Businesses, Accountants
April 11, 2024  |  B2B Payments

Mimo raised 15.5 million pounds (about $19.4 million) to launch its financial management platform for small- to medium-sized businesses (SMBs) and accountants. The platform helps these...

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Onbe and ScrapRight Enable Digital Payouts by Scrapyards, Recycling Centers
Onbe and ScrapRight Enable Digital Payouts by Scrapyards, Recycling Centers
April 11, 2024  |  Digital Payments

Onbe and ScrapRight have partnered to help scrapyards and recycling centers make instant digital payouts to sellers. With this partnership, Onbe’s digital payouts gateway has been integrated with...

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Half of Amazon Spring Sale Shoppers Bought Health and Beauty Products
Half of Amazon Spring Sale Shoppers Bought Health and Beauty Products
April 11, 2024  |  eCommerce

To further increase its already substantial share of the retail market, last month Amazon announced its first Big Spring Sale. The sale ran from March 20 to March...

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Toast to Add AI-Based Benchmarking Feature to Restaurant Management Suite
Toast to Add AI-Based Benchmarking Feature to Restaurant Management Suite
April 11, 2024  |  ResTech

Toast has launched its Restaurant Management Suite with new features for multi-unit, enterprise brands. These features join the company’s cloud-based digital technology platform that is...

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Consumers Make Minimum Credit Card Payments as Inflation Takes a Bite
Consumers Make Minimum Credit Card Payments as Inflation Takes a Bite
April 11, 2024  |  Credit Cards

In signs of continued pressure in the paycheck-to-paycheck economy, more consumers are making only the minimum payments on their credit cards. And the debt on...

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Sky-High Shift: Rising Air Cargo Demand Reshapes Supply Chain Dynamics
Sky-High Shift: Rising Air Cargo Demand Reshapes Supply Chain Dynamics
April 11, 2024  |  Supply Chain

One if by land, two if by sea — headaches, that is. With the recent news that, after 22 years of partnership, UPS is replacing...

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