News

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

Source: pymnts.com

Home Depot Aims at B2B Friction to Boost Lucrative Professional Customers

Home Depot Aims at B2B Friction to Boost Lucrative Professional Customers
Home Depot Aims at B2B Friction to Boost Lucrative Professional Customers
November 15, 2022  |  Earnings

Despite volatility in real estate prices and reduced consumer buying power due to inflation, the country’s largest home improvement retailer said Tuesday (Nov. 15) that...

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Financially Linked to FTX, BlockFi Eyes Chapter 11
Financially Linked to FTX, BlockFi Eyes Chapter 11
November 15, 2022  |  Cryptocurrency

BlockFi, a digital asset lender that received a bailout from FTX earlier this year and which has significant exposure to the exchange and its associated...

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49% of Consumers Use Digital Wallets to Pay Bills
49% of Consumers Use Digital Wallets to Pay Bills
November 15, 2022  |  Digital Payments

Contactless payment for purchases at the point of sale (POS) have been gaining traction, in the aisles and at payment terminals. But the use of...

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10 US Banks Participating in Test of Interoperable Digital Money Platform 
10 US Banks Participating in Test of Interoperable Digital Money Platform 
November 15, 2022  |  Cryptocurrency

Ten members of the banking community are working with the New York Innovation Center (NYIC), which is part of the Federal Reserve Bank of New...

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Raft and PayCargo Partner on Payment Process for Freight Forwarders
Raft and PayCargo Partner on Payment Process for Freight Forwarders
November 15, 2022  |  B2B Payments

Freight bookings and accounts payable (AP) management company Raft has partnered with all-in-one logistics payment platform PayCargo to enhance the payment process for freight forwarders. ...

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Digitization of Rail Transport Enables Seamless Journeys for Europe’s Passengers
Digitization of Rail Transport Enables Seamless Journeys for Europe’s Passengers
November 15, 2022  |  Payments Innovation

Just like consumers now expect to be able to book a single journey with multiple airlines in one transaction, rail booking platforms like Trainline and...

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Sweatcoin Walks Over Competition in Fitness App Rankings
Sweatcoin Walks Over Competition in Fitness App Rankings
November 15, 2022  |  Mobile Applications

This edition of PYMNTS’ Provider Ranking of Fitness app brings to light eleven contenders ready to sweat it to the top. Get the Full Story...

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Neobank Licensing Sets Stage for Saudi FinTech Acceleration
Neobank Licensing Sets Stage for Saudi FinTech Acceleration
November 15, 2022  |  Digital-First Banking

In the evolution of FinTech in any given market, there are certain phases and milestones that can be observed. For example, the development of payment...

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Google Wallet Expands to 12 More Countries and Some Fitbit Devices
Google Wallet Expands to 12 More Countries and Some Fitbit Devices
November 15, 2022  |  Mobile Wallets

Google Wallet has been extended to 12 more countries — bringing the total to 57 — and can now be added to any Fitbit Sense...

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