Facebook And Google Payments Efforts Top Week’s News
Facebook And Google Payments Efforts Top Week’s News
November 15, 2019  |  News

Welcome to the PYMTS Weekender, where we recap the week’s biggest development in payments and commerce. This edition includes news about Facebook’s new payments push,...

READ MORE >
Top News In Payments: Adyen Adds Card Issuing By Merchant Demand; Amazon Echo Smart Speakers Outselling Google Home
Top News In Payments: Adyen Adds Card Issuing By Merchant Demand; Amazon Echo Smart Speakers...
November 15, 2019  |  News

In today’s top payments news, Walmart CEO Doug McMillon said eCommerce isn’t quite where it needs to be revenue-wise, but that it will be one...

READ MORE >
House Committee Approves Ban On Controversial SMB Loan Tactic
House Committee Approves Ban On Controversial SMB Loan Tactic
November 15, 2019  |  B2B Payments

The U.S. House Financial Services Committee has voted in favor of banning a controversial practice in small business lending, The Washington Post reported Friday (Nov...

READ MORE >
Walmart Develops Blockchain Freight Payment Network
Walmart Develops Blockchain Freight Payment Network
November 15, 2019  |  B2B Payments

Walmart Canada has developed a blockchain-based network to facilitate logistics operations and payments, the company announced in a press release Thursday (Nov. 14). Get the...

READ MORE >
Apple To Pull All 181 Vaping Apps From App Store
Apple To Pull All 181 Vaping Apps From App Store
November 15, 2019  |  Mobile Applications

Apple is pulling all 181 vaping-related apps currently available on its App Store as health concerns mount over vaping-related illnesses and 42 vaping-related deaths, Axios...

READ MORE >
Under Armour Defends Reputation Amid Allegations Of Hiding Soft Sales
Under Armour Defends Reputation Amid Allegations Of Hiding Soft Sales
November 15, 2019  |  Retail

Under Armour CEO Kevin Plank has responded to allegations that he borrowed business from quarters in the future to mask slowing demand for the company’s...

READ MORE >
Tim Armstrong: Nike’s Departure From Amazon Could Lead To DTC ‘Megatrend’
Tim Armstrong: Nike’s Departure From Amazon Could Lead To DTC ‘Megatrend’
November 15, 2019  |  Retail

Earlier this week, Nike announced it will no longer sell its wares on Amazon, instead opting to follow a growing trend in eCommerce where companies...

READ MORE >
CIT Bank Rolls Out Digital Checking Product
CIT Bank Rolls Out Digital Checking Product
November 15, 2019  |  Digital Banking

National direct bank CIT Bank is introducing eChecking, a new digital checking account with a wide variety of electronic transfer and payment solutions, the company...

READ MORE >
Swedish Bank SEB Shares Tumble On Money Laundering Inquiry
Swedish Bank SEB Shares Tumble On Money Laundering Inquiry
November 15, 2019  |  Security & Fraud

Shares in Swedish bank SEB fell on Friday (Nov. 15) over news that it might soon be embroiled in a money-laundering scandal, which has also...

READ MORE >