News

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

Source: pymnts.com

Europe New Battleground in Fight Against Platform Monopolies

Europe New Battleground in Fight Against Platform Monopolies
Europe New Battleground in Fight Against Platform Monopolies
June 16, 2022  |  Big Tech

In Apple’s ongoing antitrust woes, the locus of the company’s legal concerns is increasingly moving from the U.S. to Europe as investigations by EU and...

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Treasury Intelligence Solutions Adds Forecasting Services With Cashforce Acquisition
Treasury Intelligence Solutions Adds Forecasting Services With Cashforce Acquisition
June 16, 2022  |  Acquisitions

Enterprise payment platform Treasury Intelligence Solutions (TIS) acquired artificial intelligence-powered cash management and forecasting company Cashforce, integrating cloud solutions into TIS’ Software-as-a-Service (SaaS) payments platform,...

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FinTech IPO Index Plummets 13%, Worst Weekly Showing This Year
FinTech IPO Index Plummets 13%, Worst Weekly Showing This Year
June 16, 2022  |  IPO

Perhaps the best thing that could be said about this terrible, no good, lousy week is that … it could’ve been worse. Get the Full...

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Telecomm Firm Telus Buys LifeWorks in $2B Cash Deal
Telecomm Firm Telus Buys LifeWorks in $2B Cash Deal
June 16, 2022  |  Acquisitions

Telecommunications firm Telus Corp. will buy digital health company LifeWorks Inc., pending approval from regulators and LifeWorks shareholders, the companies announced Thursday (June 16). Get...

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Lili Adds Third-Party Integrations for SMBs
Lili Adds Third-Party Integrations for SMBs
June 16, 2022  |  SMBs

Small business banking platform Lili is helping small- to medium-sized businesses (SMBs) grow a bit larger and faster with the rollout of new payment solutions...

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Pinterest Aims to Improve Product Discovery With New Ad Tools
Pinterest Aims to Improve Product Discovery With New Ad Tools
June 16, 2022  |  Social Commerce

Pinterest will debut two new ad-related products designed to help brands tap into their Stories-like Idea Pins and is adding a Paid Partnership tagging process...

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Today in FinTech: Airline Goes Crypto; Shares Slide; New Digital Wallet; B2B Egypt; Danish License
Today in FinTech: Airline Goes Crypto; Shares Slide; New Digital Wallet; B2B Egypt; Danish License
June 16, 2022  |  Fintech Investments

In today’s FinTech news, Vueling will be the first low-cost airline in Europe to accept cryptocurrencies as a payment method. Plus, Samsung’s new digital wallet...

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70% of US Businesses That Pass on RTP Cite Concern Over Irrevocable Funds
70% of US Businesses That Pass on RTP Cite Concern Over Irrevocable Funds
June 16, 2022  |  Faster Payments

Forty-one percent of U.S. businesses use real-time payments, according to “Accelerating the Time to Realized Revenue,” a PYMNTS and Mastercard collaboration based on a survey...

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Today in Retail: Target Launching Adult Beverages Line; Revlon Bankruptcy Reflects Challenges for Beauty Brands
Today in Retail: Target Launching Adult Beverages Line; Revlon Bankruptcy Reflects Challenges for Beauty Brands
June 16, 2022  |  Retail

Today in retail, Amazon preps Prime Day, while retailers worry about a weak economic environment for discretionary and “big ticket” purchases. Plus, Tommy Hilfiger partners...

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