News

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

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QSRs Optimize With Machine Learning As Yum! Brands Acquires AI Company

QSRs Optimize With Machine Learning As Yum! Brands Acquires AI Company
QSRs Optimize With Machine Learning As Yum! Brands Acquires AI Company
March 02, 2021  |  Artificial Intelligence

As artificial intelligence (AI) capabilities progress, quick-service restaurants (QSRs) are using the technology to refine every step of the process, including marketing, menu offerings, operations,...

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Today In B2B: Credit Suisse Suspends Greensill Funds; Atradius Acquires B2B Collections Firm
Today In B2B: Credit Suisse Suspends Greensill Funds; Atradius Acquires B2B Collections Firm
March 02, 2021  |  B2B Payments

Today in B2B payments, Credit Suisse suspends Greensill Capital investment funds, and Atradius acquires B2B collections firm Gestifatura. Plus, DailyPay integrates into payroll platforms, VTB...

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Today In Payments: US SPAC Tailwind Hunting For European Unicorns; Zoom Expects Post-Pandemic Business To Remain Brisk
Today In Payments: US SPAC Tailwind Hunting For European Unicorns; Zoom Expects Post-Pandemic Business To...
March 02, 2021  |  News

In today’s top news, SPAC Tailwind is hunting for a European tech unicorn to take public, and Zoom expects remote business demand to continue post-pandemic....

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Ethoca Relaunches Transaction Transparency Product, Renamed Consumer Clarity™  
Ethoca Relaunches Transaction Transparency Product, Renamed Consumer Clarity™  
March 02, 2021  |  Mastercard

Ethoca has relaunched and revamped its purchase transparency product for consumers, renaming the enhanced solution Consumer Clarity™, according to a press release. Get the Full...

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Payments Canada Selects Interac For Real-Time Rail Exchange Services
Payments Canada Selects Interac For Real-Time Rail Exchange Services
March 02, 2021  |  Faster Payments

Following a selection process that included the Bank of Canada, Payments Canada will partner with Interac Corp. to serve as the exchange solution provider for...

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Greensill: One-Off Unraveling Or Hint Of Supply Chain Financing Issues? 
Greensill: One-Off Unraveling Or Hint Of Supply Chain Financing Issues? 
March 02, 2021  |  B2B Payments

Amid Greensill Capital’s apparent unraveling, the question must be asked whether something specific to the business has caused the pressures and troubles, or whether it’s...

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Instacart Notches $265 Million On $39 Billion Valuation
Instacart Notches $265 Million On $39 Billion Valuation
March 02, 2021  |  Investments

Delivery startup Instacart is now valued at $39 billion — double its previous valuation — after its latest fundraise of $265 million, according to a...

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PNC Joins The Clearing House’s Network For Large-Scale Payments Processing
PNC Joins The Clearing House’s Network For Large-Scale Payments Processing
March 02, 2021  |  Digital Payments

PNC Bank has joined The Clearing House’s CHIPS network to enable it to “clear and settle high-value and cross-border payments,” per a press release. Get...

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In Europe, Funding Pours In For Online Grocery Platforms
In Europe, Funding Pours In For Online Grocery Platforms
March 02, 2021  |  Investments

As the COVID-19 pandemic continues to put lives at risk around the world, consumers are becoming increasingly accustomed to technologies that offer COVID-safe alternatives for...

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