News

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

Source: pymnts.com

B2B Firms Positioned to Meet Recreational Demand as Germany Moves to Legalize Cannabis

B2B Firms Positioned to Meet Recreational Demand as Germany Moves to Legalize Cannabis
B2B Firms Positioned to Meet Recreational Demand as Germany Moves to Legalize Cannabis
November 01, 2022  |  emea

As the first EU country to lay out a comprehensive framework for cannabis regulation, Germany is in a position to set the agenda and provide...

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PayTabs Set to Acquire Saudi Arabia’s Digital Pay
PayTabs Set to Acquire Saudi Arabia’s Digital Pay
November 01, 2022  |  Acquisitions

PayTabs, a Saudi-based payments company focused on the Middle East, Africa and South Asia (MEASA) market, has announced that it intends to acquire Saudi Arabian...

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Crypto Firm Galaxy Digital to Reduce Headcount by 20%
Crypto Firm Galaxy Digital to Reduce Headcount by 20%
November 01, 2022  |  Cryptocurrency

In the midst of the “crypto winter,” cryptocurrency financial services company Galaxy Digital is reportedly going to cut at least 20% of its global workforce. ...

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Musk’s Twitter-as-Payments-App Narrative Gains Steam
Musk’s Twitter-as-Payments-App Narrative Gains Steam
November 01, 2022  |  Payment Methods

There’s a growing narrative that Tesla CEO Elon Musk isn’t just planning to make payments a key part of his plans to remake Twitter, but...

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Takeout Customers Most Affected by Restaurant Staffing Challenges
Takeout Customers Most Affected by Restaurant Staffing Challenges
November 01, 2022  |  Restaurant innovation

As restaurants continue to struggle with labor challenges, PYMNTS research reveals that these issues affect the experience most noticeably for customers ordering their food for...

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Equipifi, Q2 Team to Offer BNPL to Digital Bank Customers
Equipifi, Q2 Team to Offer BNPL to Digital Bank Customers
November 01, 2022  |  BNPL

FinTech equipifi has launched an integration with Q2’s digital banking platform, offering Q2’s customers access to its buy now, pay later (BNPL) solution. Get the...

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Extend Launches API for Issuing and Managing Virtual Cards
Extend Launches API for Issuing and Managing Virtual Cards
November 01, 2022  |  Payment Methods

Virtual card and spend management platform Extend has launched an application programming interface (API) that helps small to medium-sized businesses (SMBs) make and manage card...

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UK Big 4 Beef Up Loan-Loss Reserves as Calls for Windfall Tax Intensify
UK Big 4 Beef Up Loan-Loss Reserves as Calls for Windfall Tax Intensify
November 01, 2022  |  Banking

Due to interest rate hikes by the Bank of England (BoE) this year, all four of the largest U.K. banks — HSBC, Barclays, NatWest and...

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Ampla Acquires Upside and Plans B2B BNPL Product
Ampla Acquires Upside and Plans B2B BNPL Product
November 01, 2022  |  B2B Payments

FinTech platform Ampla Technologies has acquired extended payment terms firm Upside Financing and will launch a new B2B buy now, pay later (BNPL) product called...

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