News

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

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VC Investment in Crypto Plunged Amid Scandal and Regulatory Issues
VC Investment in Crypto Plunged Amid Scandal and Regulatory Issues
January 10, 2024  |  Cryptocurrency

The year 2023 proved to be a challenging period for cryptocurrency startups, as scandal and regulatory issues took a toll on fundraising efforts. Venture capital...

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Cocktails by Subscription as Alcohol Brands Tap Recurring Payments
Cocktails by Subscription as Alcohol Brands Tap Recurring Payments
January 10, 2024  |  Subscriptions

Barsys and ReserveBar are launching a personalized cocktail subscription service, as more alcoholic beverage memberships emerge as part of the industry’s slow digital transformation. Barsys,...

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Unattended Payments Surge as Most U.S. Consumers Favor Self-Service Kiosks Over Staffed Checkouts
Unattended Payments Surge as Most U.S. Consumers Favor Self-Service Kiosks Over Staffed Checkouts
January 10, 2024  |  Unattended Retail

The unattended market, accounting for over $31 billion in the United States alone, is transforming the convenience commerce landscape and revolutionizing payment experiences in various...

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Lipstick Goes AI at CES
Lipstick Goes AI at CES
January 10, 2024  |  artificial intelligence

CES 2024 is shaping up to be a watershed event for artificial intelligence (AI) and the connected economy. After the pre-show hype focused on robotics...

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Medius Supports AP Management Solution With Launchpad’s Integration-Platform-as-a-Service
Medius Supports AP Management Solution With Launchpad’s Integration-Platform-as-a-Service
January 10, 2024  |  B2B Payments

Medius, a company specializing in accounts payable (AP) management, partnered with Launchpad Technologies to deliver an Integration-Platform-as-a-Service (iPaaS) solution. Launchpad Technologies is a provider of...

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Firework Unveils AI-Powered Virtual Shopping Assistant
Firework Unveils AI-Powered Virtual Shopping Assistant
January 10, 2024  |  Artificial Intelligence

Firework, a video commerce and engagement platform, has unveiled an artificial intelligence (AI)-powered virtual shopping assistant for eCommerce merchants. Dubbed AVA (AI Virtual Assistant), the...

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Walgreens CEO Says Physical Stores Promote New Healthcare Services
Walgreens CEO Says Physical Stores Promote New Healthcare Services
January 10, 2024  |  Healthcare

Drugstore chain Walgreens is making strides in expanding its healthcare business, according to Walgreens Boots Alliance CEO Tim Wentworth. Wentworth highlighted the company’s efforts to...

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Japan Tells Domestic Tech Sector to Prioritize ‘Human-Centric’ AI Growth
Japan Tells Domestic Tech Sector to Prioritize ‘Human-Centric’ AI Growth
January 10, 2024  |  Artificial Intelligence

Nations around the world are asking questions about how to use artificial intelligence to solve existing problems while avoiding — or controlling for — the...

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InvestCloud Names Former Fiserv CEO Jeff Yabuki as Chairman and CEO
InvestCloud Names Former Fiserv CEO Jeff Yabuki as Chairman and CEO
January 10, 2024  |  Personnel

InvestCloud, a global provider of wealth and asset management solutions, has announced the appointment of Jeffery W. Yabuki as its new chairman and CEO. Yabuki brings extensive...

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