News

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

Source: pymnts.com

Tether Breaks Buck as Stablecoin Panic Spreads
Tether Breaks Buck as Stablecoin Panic Spreads
May 12, 2022  |  Cryptocurrency

Stablecoin panic spread Thursday (May 12), with No. 1 stablecoin tether (USDT) breaking the buck in the wake of TerraUSD’s spiraling plunge below $1 over...

READ MORE >
‘Ship Now, Pay Later’ Helps Manufacturers Clear Supply Chain Hurdles, Get Vendors Paid
‘Ship Now, Pay Later’ Helps Manufacturers Clear Supply Chain Hurdles, Get Vendors Paid
May 12, 2022  |  Shipping

Supply chain issues have been a hot topic in the media for some time now. Take, for example, the images of ships backed up at...

READ MORE >
Amazon Leans on Alexa and Football to Reverse 6-Month Slump
Amazon Leans on Alexa and Football to Reverse 6-Month Slump
May 12, 2022  |  Retail

For the second time in as many months, Amazon is asking Alexa for help. Get the Full Story Complete the form to unlock this article...

READ MORE >
Today in Data: Inflation Dips for First Time in Months
Today in Data: Inflation Dips for First Time in Months
May 12, 2022  |  Today In Data

Today in data, inflation moderates for the first time in eight months, while its effects are still being felt. Get the Full Story Complete the...

READ MORE >
Luxury Brand Tapestry Reports Positive Q3
Luxury Brand Tapestry Reports Positive Q3
May 12, 2022  |  Retail

The luxury resale market has become a popular way for budget-conscious shoppers to get the hottest brand name products for a discount, but luxury brand...

READ MORE >
Dillard’s Quietly Boosts Its Bottom Line in 2022 Q1
Dillard’s Quietly Boosts Its Bottom Line in 2022 Q1
May 12, 2022  |  Retail

It’s been a hectic time in the department store sector, but instead of focusing on making headlines, spinning off the business or overhauling the board...

READ MORE >
Italian Payments Bank Nexi Acquires German POS Firm Orderbird
Italian Payments Bank Nexi Acquires German POS Firm Orderbird
May 12, 2022  |  Acquisitions

Nets, the payments unit of the Italian bank Nexi, is acquiring a majority stake in Germany’s cloud-based point-of-sale firm (POS) platform orderbird. Get the Full...

READ MORE >
EBA Warns About Non-Bank Lenders, Recommends Regulatory Changes 
EBA Warns About Non-Bank Lenders, Recommends Regulatory Changes 
May 12, 2022  |  Bank Regulation

The European Banking Authority (EBA) has warned that the largely unharmonized regulatory regimes across Europe regarding non-bank lending may create challenges for stakeholders, including regulators,...

READ MORE >
Sneaker Wars: Nike-StockX Feud Points to Deepening Rift in Footwear
Sneaker Wars: Nike-StockX Feud Points to Deepening Rift in Footwear
May 12, 2022  |  Retail

So, you wanna buy some sneakers? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

READ MORE >