News

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

Source: pymnts.com

Upstart, Billtrust, Bill.com Drag FinTech IPO Index to New Lows

Upstart, Billtrust, Bill.com Drag FinTech IPO Index to New Lows
Upstart, Billtrust, Bill.com Drag FinTech IPO Index to New Lows
May 13, 2022  |  IPO

In a week that saw two-thirds of its members falling 20% or more, the FinTech IPO Index fell to an all-time low, diving 27% for...

READ MORE >
Usage-Based Pricing Solves Billing Pains, Streamlines Payments for SaaS Firms
Usage-Based Pricing Solves Billing Pains, Streamlines Payments for SaaS Firms
May 13, 2022  |  Payments Innovation

The global market for Software-as-a-Service (SaaS) has exploded in recent years, with forecasts estimating that this segment will reach $716 billion by 2028. Get the...

READ MORE >
Legacy Payments Don’t Cut It With the Growing Freelance Workforce
Legacy Payments Don’t Cut It With the Growing Freelance Workforce
May 13, 2022  |  Technology

The freelance workforce is fast growing, helped by the pandemic and an increasing number of workers around the world who are embracing the upsides of...

READ MORE >
FTX CEO Now Owns 7.6% of Robinhood in $482M Deal
FTX CEO Now Owns 7.6% of Robinhood in $482M Deal
May 13, 2022  |  Cryptocurrency

FTX CEO Sam Bankman-Fried has reportedly taken a big position in brokerage app Robinhood, Coindesk wrote Thursday (May 12), citing a Securities and Exchange Commission...

READ MORE >
SEC’s Peirce Anticipates Stablecoin Regulations in Wake of Terra Tumble
SEC’s Peirce Anticipates Stablecoin Regulations in Wake of Terra Tumble
May 13, 2022  |  Cryptocurrency

According to a top official at the Securities and Exchange Commission (SEC), there could be stricter rules imminent for crypto stablecoins, Reuters reported Thursday (May...

READ MORE >
Fidelity, BlackRock Delve Into TikTok for Younger Investors
Fidelity, BlackRock Delve Into TikTok for Younger Investors
May 12, 2022  |  Business

Big financial firms, not native to youth-oriented social media like TikTok, are nonetheless making their ways in, Reuters wrote Thursday (May 12). Get the Full...

READ MORE >
Twitter Fires 2 GMs, Freezes Hiring in Wake of Musk Deal
Twitter Fires 2 GMs, Freezes Hiring in Wake of Musk Deal
May 12, 2022  |  Personnel

Twitter CEO Parag Agrawal has fired two top executives and frozen most new hiring, alongside slashing spending, The New York Times reported Thursday (May 12)....

READ MORE >
Today in Crypto: Crypto-Risk Monitoring Firm Solidus Labs Nets $45M for Expansion; Analysts Say Bitcoin May Drop to $15K Amid Tight Economy
Today in Crypto: Crypto-Risk Monitoring Firm Solidus Labs Nets $45M for Expansion; Analysts Say Bitcoin...
May 12, 2022  |  Cryptocurrency

Bitcoin might drop more than it already has and could hit $15,000, according to a Thursday (May 12) report from Seeking Alpha that cited Stifel...

READ MORE >
Pop Duo Chainsmokers to Give Away NFTs That Include Streaming Music Royalties
Pop Duo Chainsmokers to Give Away NFTs That Include Streaming Music Royalties
May 12, 2022  |  NFTs

Pop act The Chainsmokers will release NFTs to give fans a piece of the streaming royalties from the new album “So Far So Good,” Bloomberg...

READ MORE >