News

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

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eCommerce Firm ESW Launches Partnership with UPS
eCommerce Firm ESW Launches Partnership with UPS
March 28, 2022  |  Partnerships

Direct-to-consumer eCommerce firm ESW has launched a partnership with UPS that will provide users with integrated international eCommerce and shipping capabilities, the companies said in...

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Papaya Global to Acquire Cross-Border Payments Service Azimo
Papaya Global to Acquire Cross-Border Payments Service Azimo
March 28, 2022  |  Acquisitions

Papaya Global, the international payroll management company, has agreed to acquire Azimo, the global digital cross-border payments service, the Tel Aviv company announced Monday (March 28)....

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Crypto Firm Cornerstone Acquires Payments Company Paydrop
Crypto Firm Cornerstone Acquires Payments Company Paydrop
March 28, 2022  |  Acquisitions

Cornerstone Global Management, a FinTech that turns payroll into cryptocurrency, has acquired payments company Paydrop, the company announced in a news release Monday (March 28)....

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Apple Slashing iPhone SE, AirPods, iPhone 13 Production
Apple Slashing iPhone SE, AirPods, iPhone 13 Production
March 28, 2022  |  Apple

Apple will make about 20% fewer iPhone SEs next quarter than the tech giant had originally planned, a sign that consumer electronics demand has been...

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Yellen Changes Tune on Crypto, Moves Dial on Regulatory Debate
Yellen Changes Tune on Crypto, Moves Dial on Regulatory Debate
March 28, 2022  |  Cryptocurrency

Cryptocurrencies are now playing a significant role in America’s financial decision making, Treasury Secretary Janet Yellen said in an interview Friday. Get the Full Story...

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Hackers Target Hotels, Exploit Weak COVID-19 Contact Tracing Safeguards
Hackers Target Hotels, Exploit Weak COVID-19 Contact Tracing Safeguards
March 28, 2022  |  Cybersecurity

Many travelers left something behind at the last hotel they visited — and it wasn’t a shirt or shoes. Get the Full Story Complete the...

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Aussie A2A Merchant Payments Startup Zepto Notches A$25M
Aussie A2A Merchant Payments Startup Zepto Notches A$25M
March 28, 2022  |  Digital Payments

Account-to-account (A2A) merchant payments startup Zepto raised A$25 million in a Series A funding round led by AirTree Ventures and Decade Partners, as it plans...

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CFPB Extends ‘Junk Fees’ Deadline After Receiving 25,000 Comments
CFPB Extends ‘Junk Fees’ Deadline After Receiving 25,000 Comments
March 28, 2022  |  Regulation

The Consumer Financial Protection Bureau (CFPB) is extending its deadline to submit comments on its public consultation on “junk fees” until April 11. The CFPB...

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North Korea Uses Hacking Groups to Steal Crypto Assets
North Korea Uses Hacking Groups to Steal Crypto Assets
March 28, 2022  |  Cryptocurrency

A global cybersecurity firm reports the North Korean regime is filling its coffers with cash from government-sponsored hacking groups who perform crypto thefts. Get the...

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