News

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

(source: pymnts.com)

Past Might be Prologue for Worldline and for Merchant Acquirer Acquisitions
Past Might be Prologue for Worldline and for Merchant Acquirer Acquisitions
November 27, 2023  |  Acquisitions

As 2023 wraps up and a new year dawns, acquirers are targets for acquirers. Europe has proven to be fertile ground for deal-making (though other...

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PayPal Ekes Out Victory in PYMNTS Provider Ranking of Buy Now, Pay Later
PayPal Ekes Out Victory in PYMNTS Provider Ranking of Buy Now, Pay Later
November 27, 2023  |  BNPL

The holidays are in in full swing, and it can be hard to juggle financial responsibilities with the monetary demands of the season. However, with...

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Tesco Adds Scan-Free Kiosks as Grocers Try New Self-Checkout Systems
Tesco Adds Scan-Free Kiosks as Grocers Try New Self-Checkout Systems
November 27, 2023  |  Retail

British grocery giant Tesco is trying out a new, more frictionless type of self-service kiosk, as grocers around the world are trying new ways to...

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Australia to Regulate Digital Wallets Alongside Credit Cards
Australia to Regulate Digital Wallets Alongside Credit Cards
November 27, 2023  |  Legal

Australia is set to introduce legislation governing the use of Apple Pay and other digital wallets. The new rules, scheduled to be announced this week, would place...

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ByteDance Slashes Jobs as It Pares Down Gaming Division
ByteDance Slashes Jobs as It Pares Down Gaming Division
November 27, 2023  |  Personnel

ByteDance is reportedly eliminating hundreds of jobs as it scales back its gaming unit, Nuverse. The Chinese tech giant, which also owns TikTok, has no...

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Mozaic Raises $20 Million to Expand Payment Platform for Creators
Mozaic Raises $20 Million to Expand Payment Platform for Creators
November 27, 2023  |  Investments

Mozaic has raised $20 million to expand its payment platform for creators. “We are thrilled to announce Mozaic’s $20M raise from Volition Capital to help...

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Millennials Fuel Split-Pay Retail Purchases on Black Friday and Beyond
Millennials Fuel Split-Pay Retail Purchases on Black Friday and Beyond
November 27, 2023  |  Payment Methods

As we enter the holiday season, consumers are finding ways to manage their finances. The advent of split payments and other flexible spending programs is...

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Coinbase CEO: Binance Settlement Will ‘Turn the Page’ for Crypto
Coinbase CEO: Binance Settlement Will ‘Turn the Page’ for Crypto
November 27, 2023  |  Cryptocurrency

Does the end of the case against Binance mark a new beginning for cryptocurrencies? That’s what Coinbase CEO Brian Armstrong believes, according to a Monday (Nov. 27) interview with CNBC. “The enforcement action...

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HSBC Adoption of Metaco Platform Could Drive Interest in XRP Ledger
HSBC Adoption of Metaco Platform Could Drive Interest in XRP Ledger
November 27, 2023  |  Cryptocurrency

Supporters of Ripple’s XRP Ledger reportedly see a collaboration of Ripple-owned infrastructure provider Metaco and financial institution HSBC as a sign that banks will adopt...

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