News

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

(source: pymnts.com)

MyFinity Partners With Convera to Increase Global Coverage
MyFinity Partners With Convera to Increase Global Coverage
December 13, 2023  |  Cross-border Payments

MiFinity has partnered with Convera to increase the country coverage of its PayAnyBank (PAB) service. The integration of Convera’s B2B cross-border payments capabilities into MiFinity’s PAB service furthers...

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Bain Sells $448 Million Share in Indian Lender Axis Bank
Bain Sells $448 Million Share in Indian Lender Axis Bank
December 13, 2023  |  Loans

Private equity firm Bain Capital has reportedly sold a $448 stake in India’s Axis Bank. The company made the block trade Wednesday (Dec. 13), Reuters reported, citing a term sheet...

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Kroger, GE Launch In-Oven Shopping as Grocers Tap Contextual Commerce
Kroger, GE Launch In-Oven Shopping as Grocers Tap Contextual Commerce
December 13, 2023  |  Retail

As grocers increasingly tap contextual commerce, Kroger is making it possible for consumers to place orders for ingredients directly from their ovens’ touchscreens. GE Appliances...

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Airwallex and Woo Team to Simplify Cross-Border eCommerce
Airwallex and Woo Team to Simplify Cross-Border eCommerce
December 13, 2023  |  eCommerce

Payments platform Airwallex has launched a partnership with eCommerce platform Woo. The collaboration makes Airwallex an official payment extension of Woo, letting the platform’s 3.5 million stores accept cross-border payments...

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Consumers Look for Ways to Pay for Holiday Travel
Consumers Look for Ways to Pay for Holiday Travel
December 13, 2023  |  Travel Payments

Consumers are doing whatever they can to be able to travel this holiday season, from cutting back on other purchases to funding their expenses with...

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Rakuten Takes Lead in PYMNTS Provider Ranking of Coupon Apps
Rakuten Takes Lead in PYMNTS Provider Ranking of Coupon Apps
December 13, 2023  |  Coupon Apps

Coupons are helpful to most consumers, especially amid the holiday season. PYMNTS highlights the most popular savings applications every month in the Provider Ranking of...

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Goldman Sachs Expects Growing Interest in Blockchain-Based Assets
Goldman Sachs Expects Growing Interest in Blockchain-Based Assets
December 13, 2023  |  Blockchain

Goldman Sachs is reportedly anticipating a substantial increase in trading volumes of blockchain-based assets in the next one to two years. There is also growing...

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DoorDash Trails Uber Driver in Latest Provider Ranking of Gig Platform Apps
DoorDash Trails Uber Driver in Latest Provider Ranking of Gig Platform Apps
December 13, 2023  |  Gig Economy

The gig economy allows workers control over their own employment while offering consumers choice and convenience. PYMNTS Provider Ranking of Gig Platform Apps, which uses...

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Spend Management Firm Pleo Names New CFO in Push for Profitability
Spend Management Firm Pleo Names New CFO in Push for Profitability
December 13, 2023  |  Personnel

Danish FinTech Pleo is reportedly expanding its executive team with a new chief financial officer. The naming of financial services veteran Soren Westh Lonning as...

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