News

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

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CES Adds Momentum to Consumer AI Push
CES Adds Momentum to Consumer AI Push
January 03, 2024  |  artificial intelligence

If next week’s Consumer Electronics Show is any indication, artificial intelligence is moving from the world of engineering and technology to the province of consumers,...

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Platform Ignition Not Going Well? Call in the Volcanos
Platform Ignition Not Going Well? Call in the Volcanos
January 03, 2024  |  Opinion

 In early 2010, as winter turned to spring in Iceland, one of the many volcanos, Eyjafjallajökull, erupted. Beginning in mid-April, the volcano ejected about 250...

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Bitcoin Tops $45K for First Time Since April 2022
Bitcoin Tops $45K for First Time Since April 2022
January 02, 2024  |  Cryptocurrency

Bitcoin rang in 2024 with its price above $45,000 for the first time since April 2022. As Reuters noted in a report Tuesday (Jan. 2),...

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Bankman-Fried Prosecutors Call Off Second Trial
Bankman-Fried Prosecutors Call Off Second Trial
January 02, 2024  |  Legal

Disgraced cryptocurrency wunderkind Sam Bankman-Fried will not face another criminal trial. The FTX founder, already convicted on fraud and conspiracy charges connected to the collapse of his...

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DoorDash Looks to Grow Beyond US and Beyond Restaurants
DoorDash Looks to Grow Beyond US and Beyond Restaurants
January 02, 2024  |  Delivery

DoorDash is reportedly aiming to diversify beyond meal deliveries to diners in the U.S. “The two largest areas of investment are expansion and penetration outside of the...

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Report: 25% of UK BNPL Users Hit With Late Fees
Report: 25% of UK BNPL Users Hit With Late Fees
January 02, 2024  |  Buy Now Pay Later

Nearly a quarter of British buy now, pay later (BNPL) users have been charged late fees. These fees for late repayments hit younger consumers the hardest,...

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Credit Union Groups PSCU and Co-op Solutions Close Merger Deal
Credit Union Groups PSCU and Co-op Solutions Close Merger Deal
January 02, 2024  |  Credit Unions

Credit union service organizations PSCU and Co-op Solutions say they’ve closed their agreement to combine.  Beginning Tuesday (Jan. 2), the two groups will integrate under a holding company...

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X Restores Headlines to News Links Following User Complaints
X Restores Headlines to News Links Following User Complaints
January 02, 2024  |  Social Commerce

Elon Musk’s decision to remove headlines from X’s news links was apparently short-lived. The multibillionaire social media mogul announced in October that the platform — formerly...

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FinTech KindCard Set to Purchase Banking Platform OpenTransact
FinTech KindCard Set to Purchase Banking Platform OpenTransact
January 02, 2024  |  Acquisitions

Payments FinTech KindCard says it plans to purchase banking platform OpenTransact. The company has signed a letter of intent connected to its potential acquisition of...

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