PYMNTS News

TikTok Faces Scrutiny Over Compliance With EU Regulations
TikTok Faces Scrutiny Over Compliance With EU Regulations
July 18, 2023  |  Regulation

TikTok reportedly failed to fully pass a recent test conducted by the European Union’s governing body, raising concerns that the popular social media platform is not yet...

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Neobank bunq Launches Cash Back and Savings Interest
Neobank bunq Launches Cash Back and Savings Interest
July 18, 2023  |  Digital Banking

European neobank bunq has added cash-back and savings bonuses to its offerings designed for digital nomads. bunq now offers 1% cash back on food and...

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Bridge Millennials Have Become Restaurants’ Digital Diners
Bridge Millennials Have Become Restaurants’ Digital Diners
July 18, 2023  |  Connected Economy

As consumers across the board slowly increase their engagement with restaurants’ eCommerce options, bridge millennials — those between their mid-thirties and mid-forties — are leading...

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Last-Mile Delivery Solutions Provider GetSwift Acquired by Stage Fund
Last-Mile Delivery Solutions Provider GetSwift Acquired by Stage Fund
July 18, 2023  |  Acquisitions

Private equity firm Stage Fund, which focuses on special situation investments, has acquired GetSwift and aims to position it for renewed growth. GetSwift offers three...

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DIG Launches Dinner Box as Ready-to-Eat Providers Seize Restaurant Occasions
DIG Launches Dinner Box as Ready-to-Eat Providers Seize Restaurant Occasions
July 18, 2023  |  Restaurant innovation

As ready-to-eat meal options gain share from restaurants, DIG has become the latest eatery to take an “If you can’t beat ’em, join ’em” approach....

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Nook and Currencycloud Join Forces to Enable Multi-Currency Payments
Nook and Currencycloud Join Forces to Enable Multi-Currency Payments
July 18, 2023  |  Accounts Payable

Nook has partnered with Currencycloud to enable supplier payments in more than 35 currencies through Nook’s all-in-one accounts payable (AP) platform. The partnership with Currencycloud,...

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Microsoft CEO Defends $30 per Month AI Pricetag
Microsoft CEO Defends $30 per Month AI Pricetag
July 18, 2023  |  artificial intelligence

Microsoft’s CEO is defending the company’s decision to charge $30 per month for AI features. The company has added generative artificial intelligence (AI) to the business-grade versions of...

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Meta Teams With Microsoft to Offer Commercial AI Access
Meta Teams With Microsoft to Offer Commercial AI Access
July 18, 2023  |  artificial intelligence

Days after reports of its planned commercial AI product, Meta has made it official. The tech giant announced Tuesday (July 21) that it was releasing a commercial version of...

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McDonald’s Australia Opens Fries-Only Pop-Up as Fast Food Goes Niche
McDonald’s Australia Opens Fries-Only Pop-Up as Fast Food Goes Niche
July 18, 2023  |  Restaurant innovation

“Would you like fries with that?” is a question you won’t hear at McDonald’s Australia’s new pop-up shop, a fries-only restaurant. This concept may be...

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