PYMNTS News

The Digital Economy Touches Twice as Many High-Income Earners as Lower-Income Consumers
The Digital Economy Touches Twice as Many High-Income Earners as Lower-Income Consumers
July 26, 2023  |  Connected Economy

Effects of the pandemic continue to be felt, and one area of marked change is in the use of the digitally connected economy, which is...

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Microsoft vs. Google and the Battle for AI Cloud Infrastructure
Microsoft vs. Google and the Battle for AI Cloud Infrastructure
July 26, 2023  |  Artificial Intelligence

The generative artificial intelligence (AI) arms race leaderboard is neck and neck. It hasn’t even been a full calendar year since the technology was first...

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Whole Foods Co-founder Debuts Love.Life to ‘Transform Healthcare’
Whole Foods Co-founder Debuts Love.Life to ‘Transform Healthcare’
July 26, 2023  |  Healthcare

Health and wellness company Love.Life has announced its launch, saying it is devoted to making lasting health and vitality accessible to everyone. Led by CEO and Co-founder John...

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Will Interest Rate Hikes Topple ‘Tower’ of Corporate Debt?
Will Interest Rate Hikes Topple ‘Tower’ of Corporate Debt?
July 26, 2023  |  Economy

The Federal Reserve is planning another rate hike aimed at slowing inflation. But a report Wednesday (July 26) by The New York Times notes that some observers...

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CMA: Amazon Commits to Fair Competition in UK Marketplace
CMA: Amazon Commits to Fair Competition in UK Marketplace
July 26, 2023  |  ANTITRUST

The United Kingdom’s Competition and Markets Authority (CMA) said Amazon has committed to ensure fair competition in its marketplace. To level the playing field, the online retail giant has...

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Grubhub Orders Fall by the Millions as Diners Cut Back
Grubhub Orders Fall by the Millions as Diners Cut Back
July 26, 2023  |  Earnings

Grubhub is seeing its orders plummet as rising restaurant prices prompt diners to seek less expensive food options. In its latest earnings report released on Wednesday...

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Fiserv’s Clover Notches 23% Revenue Growth
Fiserv’s Clover Notches 23% Revenue Growth
July 26, 2023  |  Earnings

Fiserv’s latest results show that financial institutions and businesses are continuing to invest in payments modernization and digitization, boosting the company’s organic revenue growth rates....

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Binance Retreats in Germany as Crypto Landscape Shifts ‘Significantly’
Binance Retreats in Germany as Crypto Landscape Shifts ‘Significantly’
July 26, 2023  |  Cryptocurrency

Cryptocurrency giant Binance has suspended its plans to seek a license in Germany. A company spokesperson told PYMNTS Wednesday (July 26) that Binance has “proactively withdrawn” its...

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Shopify Credit Adds Business Credit Cards to Streamline Small Business Working Capital Processes
Shopify Credit Adds Business Credit Cards to Streamline Small Business Working Capital Processes
July 26, 2023  |  eCommerce

Small and medium-sized businesses (SMBs), which play a crucial role in powering the U.S. economy, are facing increasing difficulties in accessing working capital and other financing.  ...

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