News

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

Source: pymnts.com

Logistics Firm Montway Auto Transport Launches Digital Platform
Logistics Firm Montway Auto Transport Launches Digital Platform
August 01, 2022  |  Transportation

B2B logistics company Montway Auto Transport announced Monday (Aug. 1) that it has debuted a new digital platform, the Montway Automation Portal (MAP), aiming to...

READ MORE >
French Developers Sue Apple in US Court Over App Store Fees
French Developers Sue Apple in US Court Over App Store Fees
August 01, 2022  |  Apple

Apple has been sued in U.S. federal court by French app developers who accuse the tech giant of overcharging them to use its App Store,...

READ MORE >
Amazon Hires Ex-GOP Aide in Fight Against Antitrust Bill
Amazon Hires Ex-GOP Aide in Fight Against Antitrust Bill
August 01, 2022  |  ANTITRUST

Amazon has reportedly hired Judd Smith, a former counsel to the Senate Judiciary Committee, in an effort to fend off an antitrust bill aimed at...

READ MORE >
FTC Fines Opendoor $62M for ‘Misleading Claims’ About Home-Buying Service
FTC Fines Opendoor $62M for ‘Misleading Claims’ About Home-Buying Service
August 01, 2022  |  Security & Fraud

The Federal Trade Commission on Monday (Aug. 1) fined online home buying firm Opendoor Labs $62 million, saying it must stop cheating potential home sellers...

READ MORE >
Mounting Losses, SMBs and Digital Banking Define UK Big Four Performance in H1 2022
Mounting Losses, SMBs and Digital Banking Define UK Big Four Performance in H1 2022
August 01, 2022  |  Earnings

It’s earnings season for the U.K.’s “Big Four” banks — Barclays, HSBC, Lloyds and NatWest — and despite taking a stock market beating at the...

READ MORE >
Chris Ward Will Lead Wholesale Payments at Truist 
Chris Ward Will Lead Wholesale Payments at Truist 
August 01, 2022  |  Personnel

Truist Financial named J. Christopher Ward to head its wholesale payments business, which encompasses treasury solutions, merchant services and commercial card solutions. Get the Full...

READ MORE >
SEC Charges 11 at Forsage in Alleged $300M Crypto Pyramid and Ponzi Scheme
SEC Charges 11 at Forsage in Alleged $300M Crypto Pyramid and Ponzi Scheme
August 01, 2022  |  Security & Fraud

The Securities and Exchange Commission (SEC) has charged 11 people for their roles in allegedly creating and promoting fraudulent cryptocurrency pyramid and Ponzi scheme Forsage,...

READ MORE >
Metaverse Participants Seek Speedy, Convenient Dining Experiences
Metaverse Participants Seek Speedy, Convenient Dining Experiences
August 01, 2022  |  Metaverse

Restaurants looking to reach consumers in the metaverse would do well to offer them quick and convenient off-premise options rather than trying to woo diners...

READ MORE >
Lemonade Sells Metromile Enterprise Business Solutions Platform
Lemonade Sells Metromile Enterprise Business Solutions Platform
August 01, 2022  |  Insurance

Artificial intelligence (AI)-powered insurance company Lemonade has officially divested online insurance platform and pay-per-mile vehicle insurer Metromile’s Enterprise Business Solutions (EBS) to digital insurance platform...

READ MORE >