News

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

Source: pymnts.com

Working Capital Still King When Funding Business Needs
Working Capital Still King When Funding Business Needs
September 02, 2022  |  B2B Payments

Working capital, at a high level, represents a firm’s ability to meet short-term obligations — the bills to be paid, the money on hand that’s...

READ MORE >
Cross-Border Payroll Complexities Demand a Partnership Approach
Cross-Border Payroll Complexities Demand a Partnership Approach
September 02, 2022  |  Payroll

As economies reopen after prolonged lockdowns, employers in developed countries like the U.S. and U.K. aren’t having a lot of luck filling vacancies with local...

READ MORE >
Starbucks Names Ex-PepsiCo Exec Laxman Narasimhan as CEO
Starbucks Names Ex-PepsiCo Exec Laxman Narasimhan as CEO
September 01, 2022  |  Personnel

Starbucks’ new CEO will be consumer products executive Laxman Narasimhan, previously CEO of the maker of Lysol, The Wall Street Journal (WSJ) wrote. Get the...

READ MORE >
Shopify Pressures Merchants to Ditch Buy With Prime
Shopify Pressures Merchants to Ditch Buy With Prime
September 01, 2022  |  eCommerce

Shopify does not want its merchants utilizing Amazon’s Buy with Prime, warning that installing it will cut out Shopify’s ability to protect against fraud. Get...

READ MORE >
India Backs Recurring ePayments on Utility Bill Platform
India Backs Recurring ePayments on Utility Bill Platform
September 01, 2022  |  Digital Payments

The Indian government will support free electronic transactions under Bharat Bill Pay Systems (BBPS), and could end up cracking down on companies charging fees, Economic...

READ MORE >
EU Lawmaker Says MiCA Crypto Law Could Be Ready in October
EU Lawmaker Says MiCA Crypto Law Could Be Ready in October
September 01, 2022  |  Cryptocurrency

The text for the EU’s Markets in Crypto Assets (MiCA) could be ready in the next six weeks, according to lawmaker Stefan Berger on Thursday...

READ MORE >
Fraud Prevention FinTech Alloy Nets $52M on $1.55B Valuation
Fraud Prevention FinTech Alloy Nets $52M on $1.55B Valuation
September 01, 2022  |  Regulation

Alloy, which works on helping banks and FinTechs with identity decisioning and threat selections with API service and SaaS, has a $1.55 billion valuation now...

READ MORE >
Tech Startup Mickey Merges With B2B Marketplace MaterialsXchange to Form Lumber Exchange
Tech Startup Mickey Merges With B2B Marketplace MaterialsXchange to Form Lumber Exchange
September 01, 2022  |  eCommerce

Mickey, a tech startup digitizing the trading of physical commodities, has joined with B2B eCommerce and digital marketplace MaterialsXchange, which matches lumber buyers and sellers...

READ MORE >
Today in Crypto: Crypto.com Scraps $495M European Soccer League Sponsorship; Coinbase Investigates Network Payment Delays
Today in Crypto: Crypto.com Scraps $495M European Soccer League Sponsorship; Coinbase Investigates Network Payment Delays
September 01, 2022  |  Cryptocurrency

Ethereum-based asset management protocol Babylon Finance will close completely in November as it did not recover from the $80 million exploit on Rari Capital in...

READ MORE >