News

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

Source: pymnts.com

Velodyne Lidar Shares Rise After Amazon Investment
Velodyne Lidar Shares Rise After Amazon Investment
February 08, 2022  |  Investments

Velodyne Lidar’s stock surged over 50% in extended-hours trading after the company reported that Amazon had made an investment, The Wall Street Journal reported Monday...

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Cars.com to Snap Up Accu-Trade to Enter Digital Wholesale Sector
Cars.com to Snap Up Accu-Trade to Enter Digital Wholesale Sector
February 08, 2022  |  Acquisitions

Automotive marketplace platform Cars.com is finalizing a deal to acquire 100% of the assets of Accu-Trade for $65 million in cash at closing, with the...

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Sber, na_pokje Roll out B2B Installment Payments
Sber, na_pokje Roll out B2B Installment Payments
February 08, 2022  |  B2B Payments

Russia state-owned bank Sber and wholesale marketplace na_polke have debuted Business Purchase in Installments for wholesale buyers, according to a Tuesday (Feb. 8) press release....

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Meta Exec Talks Up Profit Perks of Metaverse
Meta Exec Talks Up Profit Perks of Metaverse
February 08, 2022  |  Meta

Complete with holographic avatars fencing and shooting hoops, the VP of Meta’s Metaverse unit Vishal Shah closed out the first day of speakers at an...

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Hero Electric, OTO Partner on B2B Financing for Electric Scooter
Hero Electric, OTO Partner on B2B Financing for Electric Scooter
February 08, 2022  |  Partnerships

Indian electric scooter and bike company Hero Electric has partnered with OTO Capital, a two-wheeler financing startup, to bolster the electric scooter business, the Economic...

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Aliaswire Unveils Bank Account Validation Solution
Aliaswire Unveils Bank Account Validation Solution
February 08, 2022  |  Bank Regulation

Digital payment and credit platform Aliaswire on Tuesday (Feb. 8) added a new bank account validation (BAV) solution for banks and their commercial clients, which...

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25% of Main Street Businesses Plan to Add BNPL in Next 12 Months
25% of Main Street Businesses Plan to Add BNPL in Next 12 Months
February 08, 2022  |  Buy Now Pay Later

Inflation and uncertainty about economic conditions are the top concerns for Main Street businesses in 2022, according to The Main Street Index, a PYMNTS and...

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Today in the Connected Economy: Crypto.com, Worldpay Partner on Global Expansion
Today in the Connected Economy: Crypto.com, Worldpay Partner on Global Expansion
February 08, 2022  |  Connected Economy

Today in the connected economy, Crypto.com works with Worldpay to offer merchant acquiring services to help Crypto.org’s global expansion plans, and Flywire and Ascensus collaborate...

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Hubpay Raises $20M and Unveils Cross-Border Digital Wallet
Hubpay Raises $20M and Unveils Cross-Border Digital Wallet
February 08, 2022  |  Investments

Middle East and North Africa-focused FinTech Hubpay on Tuesday (Feb. 8) announced it has closed a $20 million Series A fundraising round and has also...

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