News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

Source: pymnts.com

Trump CFPB Pick Questioned On Consumer Finance Experience

Trump CFPB Pick Questioned On Consumer Finance Experience
Trump CFPB Pick Questioned On Consumer Finance Experience
July 20, 2018  |  CFPB

President Donald Trump’s pick to lead the Consumer Financial Protection Bureau (CFPB) held her own during intense questioning by Democratic Senators on Thursday (July 19)....

READ MORE >
First Cannabis Company To Go Public Raises $153M
First Cannabis Company To Go Public Raises $153M
July 20, 2018  |  IPO

Tilray, the first cannabis company to conduct an initial public offering on a U.S. exchange, closed up 32 percent. Get the Full Story Complete the...

READ MORE >
Prime Day Glitches Forced Amazon To Halt X-Border Sales
Prime Day Glitches Forced Amazon To Halt X-Border Sales
July 20, 2018  |  Amazon

Amazon didn’t have enough servers to handle the demand on Prime Day, prompting it to run a front page that was scaled back. CNBC, citing internal...

READ MORE >
Insurance Firms See Opportunity In Crypto Market
Insurance Firms See Opportunity In Crypto Market
July 20, 2018  |  Cryptocurrency

As crypto gains more acceptance — and also deals with a record number of hacks — insurance companies are getting into the game. Get the...

READ MORE >
Domino’s Raises Tech Spend, As Q2 Growth Stalls
Domino’s Raises Tech Spend, As Q2 Growth Stalls
July 20, 2018  |  Earnings

Domino’s Pizza disappointed Wall Street investors on Thursday (July 19) after the world’s leading pizza chain reported slower-than-expected growth during the second quarter. However, the...

READ MORE >
Amazon Grocery Sales Surge 40 Pct In 2Q
Amazon Grocery Sales Surge 40 Pct In 2Q
July 20, 2018  |  Amazon

New data shows that Amazon second-quarter grocery sales came in at $650 million, up 40 percent year over year. The report, released by One Click...

READ MORE >
Bitcoin Daily: Steve Bannon Creates A Cryptocurrency, Hedge Fund Founder Pans Bitcoin
Bitcoin Daily: Steve Bannon Creates A Cryptocurrency, Hedge Fund Founder Pans Bitcoin
July 20, 2018  |  Bitcoin

Regulators in Switzerland are doubling down on efforts to help crypto projects stay in the country, Reuters reported. The country’s crypto sector has experienced fast...

READ MORE >
Morgan Stanley: FinTech Looks ‘Attractive’
Morgan Stanley: FinTech Looks ‘Attractive’
July 20, 2018  |  Payments Innovation

Wall Street firm Morgan Stanley is getting more bullish on the payments and processing markets, upgrading its investment rating to be attractive, with growth expected...

READ MORE >
Easy Come, Easy ICO Go? For Investors, Easy Come … For Now
Easy Come, Easy ICO Go? For Investors, Easy Come … For Now
July 20, 2018  |  Investments

Flameouts. Scams. Investors who tread among ICOs are taking their shots in the Wild West. Only a minority of ICOs make it into their fifth month. But...

READ MORE >