News

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

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Genesis Global Trading to Pay $8 Million Penalty, Surrender BitLicense
Genesis Global Trading to Pay $8 Million Penalty, Surrender BitLicense
January 12, 2024  |  Legal

The New York State Department of Financial Services (DFS) has announced that Genesis Global Trading will pay an $8 million penalty to the state and surrender its BitLicense.  These...

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World Economic Forum Plays Both Sides of the AI Debate
World Economic Forum Plays Both Sides of the AI Debate
January 12, 2024  |  Artificial Intelligence

The world’s academics, CEOs and economists convened in Davos, Switzerland, this week for the annual World Economic Forum (WEF), with artificial intelligence (AI) occupying a...

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DLTPAY Integrates Chainlink Protocol to Facilitate Cross-Chain Stablecoin Payments
DLTPAY Integrates Chainlink Protocol to Facilitate Cross-Chain Stablecoin Payments
January 12, 2024  |  Blockchain

DLTPAY, a stablecoin wallet provider based in Tallinn, Estonia, reportedly integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to facilitate cross-chain stablecoin payments across Ethereum Layer-2 networks....

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EU Antitrust Chief Meets With Big Tech CEOs Over Regulation and Competition Compliance
EU Antitrust Chief Meets With Big Tech CEOs Over Regulation and Competition Compliance
January 12, 2024  |  Big Tech

Margrethe Vestager, the European Union’s (EU) antitrust chief, recently met with the chief executives of tech giants Apple, Alphabet and Qualcomm.  The purpose of these meetings was to discuss regulation...

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Delta: Business Travel, Digital Transformation Bright Spots in Uncertain Economy
Delta: Business Travel, Digital Transformation Bright Spots in Uncertain Economy
January 12, 2024  |  Earnings

Ongoing macroeconomic headwinds and labor realities are grounding Delta Air Lines’ near-term outlook. The Atlanta-based airline told investors during its Friday (Jan. 12) December quarter...

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Data Depth Over Customer Breadth: The Push for Personalized Digital Financial Experiences in 2024
Data Depth Over Customer Breadth: The Push for Personalized Digital Financial Experiences in 2024
January 12, 2024  |  Opinion

PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that...

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JPMorgan Earnings: Credit and Debit Spend Surges 7%
JPMorgan Earnings: Credit and Debit Spend Surges 7%
January 12, 2024  |  Earnings

Earnings season’s here, with JPMorgan among the most visible names reporting Friday morning (Jan. 12).  And the big bank’s metrics are showing evidence that consumer...

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Brown-Forman: Shoppers’ Rising Expectation of Convenience Demands Contextual Commerce
Brown-Forman: Shoppers’ Rising Expectation of Convenience Demands Contextual Commerce
January 12, 2024  |  Retail

As consumers increasingly expect commerce integrated into their day-to-day lives, spirits giant Brown-Forman, parent company of Jack Daniel’s, is looking to create more immersive online...

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Amazon, Citigroup, Xerox, Google and BlackRock See Layoffs in Efficiency Push
Amazon, Citigroup, Xerox, Google and BlackRock See Layoffs in Efficiency Push
January 12, 2024  |  Economy

In the first two weeks of the new year, several prominent companies, including Amazon, Citigroup, Xerox, Google and BlackRock, have announced plans to cut jobs,...

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