News

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

Source: pymnts.com

India Wants Life Insurance Corp of India IPO to Succeed in a Big Way
India Wants Life Insurance Corp of India IPO to Succeed in a Big Way
January 11, 2022  |  IPO

Indian officials are taking unprecedented steps — including adjusting capital markets rules, sending text messages and publishing newspaper ads — in an effort to ensure...

READ MORE >
Drone Trial Taking Place at 7-Eleven in Japan’s Fukuoka City
Drone Trial Taking Place at 7-Eleven in Japan’s Fukuoka City
January 11, 2022  |  Delivery

Convenience store 7-Eleven is trialing 20-minute deliveries by drone on Nokonoshima Island in Fukuoka City in Japan as part of Tokyo’s Project for Building Business...

READ MORE >
60% of Travel & Tourism Businesses Find Vendor Payouts to Be A Hassle
60% of Travel & Tourism Businesses Find Vendor Payouts to Be A Hassle
January 11, 2022  |  B2B Payments

B2B payments between merchants and the end-providers of services are a fundamental part of the travel and tourism sectors. Get the Full Story Complete the...

READ MORE >
DiDi Co-Founder Steps Down As Company Chairman Amid Delisting
DiDi Co-Founder Steps Down As Company Chairman Amid Delisting
January 11, 2022  |  Personnel

The co-founder of Chinese ride-hailing giant DiDi Chuxing has left his position as chairman of the company’s payment operation amid a cybersecurity investigation and delisting...

READ MORE >
Fresh Volatility Could Signal Rocky Year for Bitcoin
Fresh Volatility Could Signal Rocky Year for Bitcoin
January 11, 2022  |  Bitcoin

Bitcoin is off to a rocky 2022, with prices tumbling below $40,000 for the first time since September, tracking to hit its worst start to...

READ MORE >
Binance Names New Leaders for Russia, Ukraine
Binance Names New Leaders for Russia, Ukraine
January 11, 2022  |  International

Cryptocurrency exchange Binance has named a pair of former government officials to take on new executive roles in its operations in Russia and the Ukraine....

READ MORE >
What do You Get When You Buy an NFT? Less Than You Think
What do You Get When You Buy an NFT? Less Than You Think
January 11, 2022  |  NFTs

When Vignesh Sundaresan spent more than $69 million on the non-fungible token (NFT) with digital artist Beeple’s collage “Everydays: The First 5,000 Days,” he bought...

READ MORE >
Elrond Foundation Grabs Cryptocurrency Payments Company Utrust
Elrond Foundation Grabs Cryptocurrency Payments Company Utrust
January 11, 2022  |  Cryptocurrency

Ethereum platform Elrond Foundation, which boasts 100,000 transactions per second, will acquire Portugal-based cryptocurrency firm Utrust, according to a CoinDesk report Tuesday (Jan. 11). Get...

READ MORE >
Data Shows Restaurants Can Boost Spending With Ordering Tech, Loyalty Programs
Data Shows Restaurants Can Boost Spending With Ordering Tech, Loyalty Programs
January 11, 2022  |  Restaurant innovation

When consumers engage with restaurants today, they expect to be met with digital features enabling simple and convenient transactions. Get the Full Story Complete the...

READ MORE >