News

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

Source: pymnts.com

Data brief: Managing Taxes Is Biggest Headache of Nearly 50% of Firms Hiring Internationally
Data brief: Managing Taxes Is Biggest Headache of Nearly 50% of Firms Hiring Internationally
August 30, 2022  |  Cross-border Payments

In 2021, United Kingdom businesses turned to hiring internationally to expand into new markets and tap into the worldwide talent pool. But firms soon realized...

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Visa Says US Payments Volume Climbed 11% Y/Y in August
Visa Says US Payments Volume Climbed 11% Y/Y in August
August 30, 2022  |  VISA

Visa said its U.S. payments volume was up 11% from a year ago, with even the company’s exit from Russia not hurting the stats, a...

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Today in Crypto: Korean Central Bank Urges Regulating ICOs Instead of Ban
Today in Crypto: Korean Central Bank Urges Regulating ICOs Instead of Ban
August 30, 2022  |  Cryptocurrency

Tether is firing back against a Wall Street Journal report saying it had inadequate reserves for its stablecoin, a blog post said. Get the Full...

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Carbon Trackers, the Next Big Thing in European Banking Apps
Carbon Trackers, the Next Big Thing in European Banking Apps
August 30, 2022  |  Digital Banking

When considering tools to help reduce their carbon footprint, few people will immediately think of their mobile banking app. And yet, a growing number of...

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NFT Thefts Hit $100M in ’22; Facebook Adds Tokens
NFT Thefts Hit $100M in ’22; Facebook Adds Tokens
August 30, 2022  |  NFTs

More than $100 million worth of non-fungible tokens (NFTs) were stolen in the 12 months ended in July, blockchain research firm Elliptic reported on Aug....

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TradeLens Sends Europe’s First Electronic Bill of Lading
TradeLens Sends Europe’s First Electronic Bill of Lading
August 30, 2022  |  Blockchain / Distributed Ledger

If there’s one blockchain project that truly shows what the technology is capable of, it’s TradeLens, which has connected nearly every part of the global...

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Pezesha Raises $11M to Grow Lending Platform in Sub-Saharan Africa
Pezesha Raises $11M to Grow Lending Platform in Sub-Saharan Africa
August 30, 2022  |  Investments

Embedded finance FinTech Pezesha has raised $11 million in a pre-Series A funding round and plans to use the funds to scale operations in its...

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Gas Down, Consumer Confidence Up, as People Shop, Plan Vacations
Gas Down, Consumer Confidence Up, as People Shop, Plan Vacations
August 30, 2022  |  Economy

Falling gasoline prices and a dip in the inflation rate put consumers in a slightly better mood this month while helping a private sector gauge...

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Today in the Connected Economy: T-Mobile Previews 5G Payments
Today in the Connected Economy: T-Mobile Previews 5G Payments
August 30, 2022  |  Connected Economy

Today in the connected economy, T-Mobile’s Chris Melus talks to PYMNTS about the ways 5G technology can transform the in-store experience. Also, card issuance and...

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