At a U.S. Senate hearing Wednesday (May 4), Visa and Mastercard defended their credit card fees while retailers and consumer groups accused the card networks of behaving like a duopoly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
There are retracements — when stocks give back some of their gains. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
Since the dawn of selling, trust has underpinned commercial transactions. Faith in the quality and security of online shopping is more important now than ever as the pandemic spike is ebbing, and eCommerce retailers are in a race to lock in loyalty before the dust...
In today’s FinTech news, Accountable has fresh capital for its mission to ease accounting and tax handling for freelancers, while Western Union and PagaPhone are making it easier to send money to Mexico. Plus, the Federal Reserve is overhauling old lending rules for digital times....
Each year, the U.S. Department of Treasury issues its General Explanations of the Administration’s Revenue Proposals, commonly known as the “Green Book.” This year, the Treasury proposed clarifications and amendments to the Internal Revenue Code to address on-demand pay arrangements. The agency released the Green...
Amazon’s efforts to redirect its brick-and-mortar focus toward grocery may not be going as planned. The Wall Street Journal (WSJ) reported Tuesday (May 3) that the company is closing six Whole Foods Market stores, with five of those locations closing Friday (May 6). Get the...
Today in retail, the steel industry is ripe for digital transformation while 5G helps retailers launch contactless shopping experiences. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Smartphone-locking FinTech platform NuovoPay has teamed up with B2B Software as a Service (SaaS) platform PaygOps to enable accessibility for smartphone financing through digital technology procurement along with solar home equipment, according to a ProMobi Technologies press release Thursday (May 5). Get the Full Story...
ConnectOne Bank, a subsidiary of ConnectOne Bancorp, Inc., on Thursday (May 5) announced a partnership with cloud-native banking technology platform Nymbus to offer digital business banking solutions, according to a joint press release. Get the Full Story Complete the form to unlock this article and...
