News

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

Source: pymnts.com

Visa, Mastercard Pullout in Russia Underscor­­­­es Importance of Traditional Networks to Crypto

Visa, Mastercard Pullout in Russia Underscor­­­­es Importance of Traditional Networks to Crypto
Visa, Mastercard Pullout in Russia Underscor­­­­es Importance of Traditional Networks to Crypto
March 07, 2022  |  Cryptocurrency

With Visa and Mastercard pulling out of Russia, the two easiest and most convenient ways to make payments with bitcoin — really the only two...

READ MORE >
Today in Data: New Offerings From Amazon and Walmart; Customer Verification Remains a Challenge; Costco Competes With Itself
Today in Data: New Offerings From Amazon and Walmart; Customer Verification Remains a Challenge; Costco...
March 07, 2022  |  Today In Data

Verifying new customers’ identities remains the biggest challenge for businesses. Plus, Costco looking to stand out from the crowd with its unusual product mix, and...

READ MORE >
Card-on-File Payments Boost Diner Spending, Restaurant Performance
Card-on-File Payments Boost Diner Spending, Restaurant Performance
March 07, 2022  |  ResTech

Restaurants can boost consumers’ spending by saving payment information, according to data from PYMNTS’ Restaurant Friction Index, created collaboration with Paytronix. Get the Full Story...

READ MORE >
P2P Fraud Battle Demands High-Tech Collaboration Between Banks and Customers
P2P Fraud Battle Demands High-Tech Collaboration Between Banks and Customers
March 07, 2022  |  Security & Fraud

That old Watergate adage to follow the money becomes well-nigh impossible in the digital age. Get the Full Story Complete the form to unlock this...

READ MORE >
B2B Seafood Seller Captain Fresh Valued at $500M After Series C
B2B Seafood Seller Captain Fresh Valued at $500M After Series C
March 07, 2022  |  Investments

Indian B2B seafood and meat marketplace startup Captain Fresh has more than doubled its valuation to $500 million since the beginning of the year following...

READ MORE >
Binance Launches PayTech Firm Bifinity
Binance Launches PayTech Firm Bifinity
March 07, 2022  |  Cryptocurrency

Global cryptocurrency exchange giant Binance is introducing Bifinity, a fiat-to-crypto payments technology (PayTech) provider, according to a press release on Monday (March 7).  Get the...

READ MORE >
Automotive eCommerce Firm AutoFi Closes $85M in Financing to Accelerate Growth
Automotive eCommerce Firm AutoFi Closes $85M in Financing to Accelerate Growth
March 07, 2022  |  Investments

AutoFi, a San Francisco-based eCommerce platform for online car sales and financing, has closed $85 million in funding, valuing the company at nearly $700 million,...

READ MORE >
South Korean IPO Pipeline Disappears as Market Conditions Slip
South Korean IPO Pipeline Disappears as Market Conditions Slip
March 07, 2022  |  IPO

Poor market conditions in South Korea have led companies to suspend initial public offerings (IPOs), according to Pulse, a Korean news service. Get the Full...

READ MORE >
Walmart to Import British Cosmetic Kiosk Concept ‘Beauty Space’ to US Stores
Walmart to Import British Cosmetic Kiosk Concept ‘Beauty Space’ to US Stores
March 07, 2022  |  Retail

Walmart has joined forces with British retailer Space NK to bring “prestige beauty products” to its website and nearly 250 of its stores this summer....

READ MORE >