We at PYMNTS hope you had a terrific week, and that you did not miss any big news from the worlds of payments and commerce. We have you covered in the latest edition of the PYMNTS Weekender. You can read about how food trucks can help...
The Internal Revenue Service (IRS) is going to send letters to about 10,000 cryptocurrency holders warning them about the penalties they will face if they don’t report their income or pay taxes on the transactions, according to a report by The Wall Street Journal. Get...
The Department of Justice (DOJ) said on Friday (July 26) that it has come to an agreement on the merger between Sprint and T-Mobile, which is worth $26 billion, according to a report by CNBC. Get the Full Story Complete the form to unlock this...
With more than 930 investors on the Seedrs investment platform, FinTech firm Paysend has notched an £8.5m Series B fundraising round from GVA Capital. Seedrs raised £4.6m for the company, while GVA invested £3.95m in the firm, UKTN reported. Get the Full Story Complete the...
In a move that could establish a precedent for global lawmakers, Australia said it would create an office to police Google and Facebook. Governments from Europe to the U.S. have been working to face concerns from “fake news” to anti-trust issues, Reuters reported. Get the...
All that investment in innovation pays off — so says the National Retail Federation, which found that three out of five “consumers feel retail technologies have improved their shopping experiences.” Not only that, but those consumers have noticed a particular improvement when shopping online, with...
With enhancements to its rewards offering, expansion of its delivery program and the announcement of a strategic partnership with a tech company to license part of its digital flywheel, Starbucks reported better-than-expected earnings results for its third quarter. The quick-service coffee chain reported revenues of...
Startups, particularly in retail, often run into difficulty when in search of an innovative entrance point to the marketplace they come up with a solution to a problem that no one actually has. Sometimes, with very good marketing, a business can sell the consumer on...
With new digital ordering capabilities and store improvements, McDonald’s said sales grew globally in the latest quarter: Same-store growth of 6.5 percent around the world was better than expected, while same-store sales in the U.S. grew 5.7 percent to come out ahead of 5 percent...
