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

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Court Approves CFTC’s Settlement With Binance
Court Approves CFTC’s Settlement With Binance
December 18, 2023  |  Legal

A U.S. district court has approved a previously announced settlement and entered an order against cryptocurrency exchange Binance and its former CEO, Changpeng Zhao. The U.S. District Court...

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Shopee Acquires Blu’s Local Credit Arm, Grows Presence in Brazil
Shopee Acquires Blu’s Local Credit Arm, Grows Presence in Brazil
December 18, 2023  |  eCommerce

Shopee, an eCommerce firm owned by Singapore-based Sea, is expanding its presence in Latin America with the acquisition of the local credit arm of Brazilian FinTech...

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Report: Amazon Considering Investment in Regional-Sports Programmer Diamond Sports Group
Report: Amazon Considering Investment in Regional-Sports Programmer Diamond Sports Group
December 18, 2023  |  Amazon

In a potential move that would further solidify its presence in the sports content industry, Amazon is reportedly in talks to invest in Diamond Sports Group, the largest...

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Xero and Flinks Partner to Enhance Banking Data Access 
Xero and Flinks Partner to Enhance Banking Data Access 
December 18, 2023  |  SMBs

Xero, a global small business platform, has partnered with Flinks, an open banking firm, to enhance banking data access for small businesses.  This collaboration aims to...

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CFPB Director Says Regulators Must Monitor Tech’s Role in Finance
CFPB Director Says Regulators Must Monitor Tech’s Role in Finance
December 18, 2023  |  Regulation

Regulators must use their legal authorities to guard against risks posed by the growing role of large technology firms in the financial system, Rohit Chopra, director...

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Grayscale CEO Says SEC Should Approve Spot Bitcoin ETFs Simultaneously 
Grayscale CEO Says SEC Should Approve Spot Bitcoin ETFs Simultaneously 
December 18, 2023  |  Bitcoin

The Securities and Exchange Commission (SEC) should approve all applications for spot bitcoin exchange-traded funds (ETFs) simultaneously, Grayscale Investments CEO Michael Sonnenshein said Monday (Dec. 18).  In an interview with Bloomberg...

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Business Leaders Embrace AI Despite Employee Concerns
Business Leaders Embrace AI Despite Employee Concerns
December 18, 2023  |  artificial intelligence

Artificial intelligence (AI) is transforming the workforce, according to a recent survey by conducted by ResumeBuilder, per a PYMNTS report. The survey found that nearly 40%...

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VF Corporation Says Cyberattack Impacts Ability to Fulfill Orders
VF Corporation Says Cyberattack Impacts Ability to Fulfill Orders
December 18, 2023  |  Security & Fraud

VF Corporation, the owner of Vans, The North Face, Timberland and Dickies, is having trouble fulfilling orders after a Wednesday (Dec. 13) cyberattack. Consumers can...

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MongoDB Reports Security Breach of Its Database Management Company
MongoDB Reports Security Breach of Its Database Management Company
December 18, 2023  |  Security & Fraud

Database management firm MongoDB is investigating a security breach that exposed customer information. In an alert published on its website Saturday (Dec. 16), the company...

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