News

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

Source: pymnts.com

DiDi Co-Founder Steps Down As Company Chairman Amid Delisting

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 >
Fly Now Pay Later Snags $75M for Global Expansion
Fly Now Pay Later Snags $75M for Global Expansion
January 11, 2022  |  Investments

Travel-focused global FinTech Fly Now Pay Later announced it has closed a $75 million debt funding deal managed by Atalaya Capital Management that will bring...

READ MORE >
Brink’s, Priority Partner on Digital Cash Solution
Brink’s, Priority Partner on Digital Cash Solution
January 11, 2022  |  Partnerships

The payments technology provider Priority Technology Holdings has launched a partnership with The Brink’s Company that combines both businesses’ services.  Get the Full Story Complete...

READ MORE >
Cash App Integrates Bitcoin Lightning Payments
Cash App Integrates Bitcoin Lightning Payments
January 11, 2022  |  Cryptocurrency

Cash App, the peer-to-peer payment service owned by Block, formerly Square Inc., has integrated the Lightning Network.  Get the Full Story Complete the form to...

READ MORE >