PYMNTS News

Visa Wants Generative AI to Fuel Tomorrow’s Payments Ecosystem
Visa Wants Generative AI to Fuel Tomorrow’s Payments Ecosystem
October 03, 2023  |  Artificial Intelligence

The payments industry continues to be transformed and remade by the 21st century’s digital shift.  And as technical innovations like generative artificial intelligence (AI) continue...

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Chicago Expected to Require Restaurants to Pay Standard Minimum Wage
Chicago Expected to Require Restaurants to Pay Standard Minimum Wage
October 03, 2023  |  Legal

Chicago is at the center of a heated debate over the practice of treating tips as wages. Lawmakers in the city are considering a new...

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Report: Netflix Prepares for Price Hike Following Actors Strike
Report: Netflix Prepares for Price Hike Following Actors Strike
October 03, 2023  |  Streaming

Netflix is reportedly preparing to raise the price of its ad-free service once the Hollywood actors strike concludes. While discussions are still ongoing regarding price...

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UBank and Aeropay Partner on Financial Services for Gaming Industry
UBank and Aeropay Partner on Financial Services for Gaming Industry
October 03, 2023  |  Partnerships

UBank, a Texas-based community-focused financial institution, and Aeropay, a payments technology company, have formed a strategic collaboration to provide financial services in the gaming industry. This...

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Taco Bell Revives Subscription as Restaurants Seek New Loyalty Incentives
Taco Bell Revives Subscription as Restaurants Seek New Loyalty Incentives
October 03, 2023  |  Subscriptions

As restaurants look to drive traffic and frequency, Taco Bell is bringing back its taco subscription. The quick-service restaurant (QSR) giant announced Tuesday (Oct. 3)...

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Chainalysis Reduces Workforce 15% ‘Due to Market Conditions’
Chainalysis Reduces Workforce 15% ‘Due to Market Conditions’
October 03, 2023  |  Personnel

Blockchain analytics firm Chainalysis made a 15% reduction in its workforce. The move came in response to market conditions, the company said in a statement...

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Bankman-Fried’s Defense Seeks to Block Prosecutors From Calling FTX Witnesses
Bankman-Fried’s Defense Seeks to Block Prosecutors From Calling FTX Witnesses
October 03, 2023  |  Legal

The criminal trial of FTX founder Sam Bankman-Fried started Tuesday (Oct. 3). Things kicked off at 9:30 a.m. at a Lower Manhattan federal court with...

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Instacart and InComm to Offer Grocery Delivery to Health Plan Members
Instacart and InComm to Offer Grocery Delivery to Health Plan Members
October 03, 2023  |  Partnerships

FinTech InComm Payments said its healthcare unit has launched a partnership with Instacart. The collaboration, announced Tuesday (Oct. 3), allows health plans to offer their members grocery and...

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Macy’s to Triple Number of Small-Format Stores by 2025
Macy’s to Triple Number of Small-Format Stores by 2025
October 03, 2023  |  Retail

Macy’s plans to open as many as 30 additional small-format stores across the United States, as part of an accelerated expansion strategy. This move could triple...

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