With the increasing digitization of payments due to the pandemic, it is estimated that over $6 trillion will be exchanged through digital channels by the end of 2021, representing a 40% increase over the past two years. Get the Full Story Complete the form to...
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In today’s top retail news, the U.S. Commerce Department says retail sales were up in September, though inflation may have something to do with that, while more merchants may be looking to accept cryptocurrency within the next few years. Also, Walmart is trying to expand...
Through the past week, what might be termed “traditional” initial public offering (IPO) announcements seemed to dominate the headlines, with relatively fewer SPAC-related announcements. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Uber has begun allowing customers in Brazil to pay more for shorter waits, due to a driver shortage apparently triggered by rising gas prices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The digital-first food ordering habits that consumers have acquired since the pandemic have fundamentally changed the restaurant industry. A single touchpoint in a much broader, decentralized and digital-first ecosystem is at the center of consumers’ dining experiences. Gaining a competitive edge in this new format...
A new report from the Treasury Department shows that American banks and financial institutions (FIs) recorded close to $600 million in suspected ransomware payments during the first half of 2021, more than the total for all of 2020. Get the Full Story Complete the form...
London-based FinTech Plum on Friday (Oct. 15) announced the close of a 12 million euro ($13.9 million) Series A funding round, part of an anticipated 20.7 million euro ($24 million) effort that will be used to expand the company and increase interest in its money...
TikTok owner ByteDance’s valuation has reached $400 billion based on anonymous sales by online traders, with some analysts seeing that number climb higher, according to a South China Morning Post report on Friday (Oct. 15). Get the Full Story Complete the form to unlock this...
