News

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

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FanDuel Owner Takes on DraftKings on NYSE
FanDuel Owner Takes on DraftKings on NYSE
January 29, 2024  |  Stock Index

FanDuel parent company Flutter is now trading on the New York Stock Exchange. The Ireland-based company announced in a Monday (Jan. 29) press release that...

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Substack Rolls out Payment Support for International Currencies
Substack Rolls out Payment Support for International Currencies
January 29, 2024  |  International

Substack readers can now pay for their subscriptions in local currencies. It’s part of a wider series of changes by the newsletter publisher announced last...

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Goldman Sachs’ Global Banking and Markets Co-Head Jim Esposito to Retire
Goldman Sachs’ Global Banking and Markets Co-Head Jim Esposito to Retire
January 29, 2024  |  Personnel

Jim Esposito, co-head of the global banking and markets division at Goldman Sachs, will retire from that role and become a senior director at the investment...

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Amazon Jettisons Plans for $1.7 Billion iRobot Purchase 
Amazon Jettisons Plans for $1.7 Billion iRobot Purchase 
January 29, 2024  |  Acquisitions

Citing a tough regulatory environment, Amazon has called off its $1.7 billion purchase of iRobot. The tech giant announced Monday (Jan. 29) that its agreement...

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74% of Acquirers Say Store Card Split-Pay Plans Improve Client Satisfaction
74% of Acquirers Say Store Card Split-Pay Plans Improve Client Satisfaction
January 29, 2024  |  Payment Methods

Often as part of loyalty initiatives, brands and merchants partner with financial institutions to launch their own credit cards. These store cards or merchant-branded cards...

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YouLend Expands Revenue-Based Financing Capacity by $5.1 Billion
YouLend Expands Revenue-Based Financing Capacity by $5.1 Billion
January 29, 2024  |  Investments

Global embedded finance platform YouLend secured a financing deal that will enable it to extend 4 billion pounds (about $5.1 billion) in additional revenue-based financing...

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Campuses Tap AI-Powered Checkout to Make Payments Invisible
Campuses Tap AI-Powered Checkout to Make Payments Invisible
January 29, 2024  |  Artificial Intelligence

From universities to hospitals, campuses with their own identity verification systems are using computer vision checkout to integrate payments more seamlessly into shoppers’ on-site routines....

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SoFi New Member Additions Soared 44% Amid Strong ‘Cross-Buy’ Opportunities
SoFi New Member Additions Soared 44% Amid Strong ‘Cross-Buy’ Opportunities
January 29, 2024  |  Earnings

SoFi Technologies said in its latest earnings report that it had seen significant growth in cross-selling activity, and noted that the vast majority of its...

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Regional Banks Try to Smooth ‘Scar Tissue’ of SVB Collapse
Regional Banks Try to Smooth ‘Scar Tissue’ of SVB Collapse
January 29, 2024  |  Banking

America’s regional lenders say they’re emerging from the shadow of Silicon Valley Bank. That bank’s collapse last year sent shockwaves through the industry, but now, executives...

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