Oreo is getting fancy as snack foods sprinkle in a little bit of affordable luxury to appeal to today’s belt-tightening shoppers. On Monday (March 4), the company will be launching Oreo Thins with tiramisu-flavored crème filling, according the brand’s social channels, marking a more upscale twist on the mass-market snack. The move comes years after […]
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TrueNorth and Brim Financial partnered to offer a credit card-as-a-service platform to banks, FinTechs and major brands in the United States and Canada. The offering includes consumer, small- to medium-sized business (SMB), and commercial credit card solutions, the companies said in a Friday (March 1) press release. The partnership brings together the capabilities of TrueNorth, a professional services organization […]
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Mercado Libre, an eCommerce and payments platform in Latin America, appointed Andre Chaves as the new head of its FinTech business in Brazil. “Very humbled and excited to be taking a new role in Mercado Libre, leading our FinTech business in Brazil,” Chaves said in a Friday (March 1) post on LinkedIn. “Mercado Pago is a sizable and fast-growing business, […]
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Elon Musk is suing OpenAI, alleging the company has strayed from its mission to develop artificial intelligence “for the benefit of humanity broadly,” but some experts doubt his chances of prevailing. The Issue In a lawsuit filed in a San Francisco court Thursday (Feb. 29), Musk’s legal team asserted that in 2015, Open AI CEO Sam Altman and Co-founder, President and Chairman Greg Brockman approached […]
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Following a record-breaking 2022, marked by the sale of over 10 million electric cars worldwide, the electric vehicle market has hit a speed bump in the United States, experiencing a downturn in recent months. “Earnings season’s puts and takes in the electric vehicle industry show just how long and winding the road will be to ubiquity,” PYMNTS wrote earlier this […]
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As direct-to-consumer (D2C) brands look to improve the digital experience to drive conversion, children’s sleepwear brand Bellabu Bear is seeing generative artificial intelligence (AI) open up new avenues to boost sales. In an interview with PYMNTS, Tamara Jarrar, the brand’s founder and CEO, said AI could go a long way toward driving sales by helping […]
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Mastercard partnered with Loop, a digital payments technology company licensed by the Saudi Central Bank, to launch credit card and payment solutions in Saudi Arabia. Loop will use Mastercard’s technology and expertise to enhance its products and services, the companies said in a Thursday (Feb. 29) press release. This will enable the company to deliver new financial solutions and […]
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Mastercard and MTN Group Fintech have partnered to help consumers and small businesses across Africa transact through mobile payments. With this partnership, Mastercard’s technology will support MTN’s FinTech platform, which has 290 million subscribers and 60 million active monthly MTN Mobile Money (MTN MoMo) wallets, the companies said in a Wednesday (Feb. 28) press release. […]
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