News

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

Source: pymnts.com

EU May Regulate How Gig Platforms Use Algorithms

EU May Regulate How Gig Platforms Use Algorithms
EU May Regulate How Gig Platforms Use Algorithms
December 14, 2021  |  Regulation

The European Union announced on Dec. 9 a legislative package with proposals to improve the working conditions of people using digital labor platforms. While many...

READ MORE >
ParkMobile App Attracts Users as Demand Increases for Contactless Payments
ParkMobile App Attracts Users as Demand Increases for Contactless Payments
December 14, 2021  |  Mobile Applications

Smart parking and mobility solution firm ParkMobile App hit new records for user growth, transaction volume and revenue, with 30 million new users onboarding during...

READ MORE >
Indian Neobank Open Buys Finin for $10M
Indian Neobank Open Buys Finin for $10M
December 14, 2021  |  Partnerships / Acquisitions

On the heels of a recent $100 million fundraise, 4-year-old neobank Open has purchased India-based consumer-facing neobank Finin for $10 million, according to a Tuesday...

READ MORE >
Moneyhub, BR-DGE Collaborate on Open Banking 
Moneyhub, BR-DGE Collaborate on Open Banking 
December 14, 2021  |  Partnerships

The open data and payments platform Moneyhub and the payment orchestration service BR-DGE announced Tuesday (Dec. 14) that they have joined forces.  Get the Full...

READ MORE >
Calling for New Regulatory Framework, BoE Governor Says Crypto Becoming Threat to UK Financial Stability
Calling for New Regulatory Framework, BoE Governor Says Crypto Becoming Threat to UK Financial Stability
December 14, 2021  |  Cryptocurrency

Cryptocurrency is growing fast enough that it may soon become a systemic risk to U.K. financial stability, the Bank of England warned in a report...

READ MORE >
 Airlines Search for Top and Bottom Line Leverage by Shifting to Cargo Flights
 Airlines Search for Top and Bottom Line Leverage by Shifting to Cargo Flights
December 14, 2021  |  Transportation

Any business, no matter the vertical, must strive to be flexible, must pivot to where the demand is, so to speak, in order to get...

READ MORE >
Circle Debuts USDC on Avalanche to Push DeFi 
Circle Debuts USDC on Avalanche to Push DeFi 
December 14, 2021  |  Cryptocurrency

Global internet finance platform Circle on Tuesday (Dec. 14) announced native support for USDC on the Avalanche public blockchain, giving the digital currency a presence...

READ MORE >
Norway’s Visma Acquires Danish Expense Management Solution to Drive Enterprise Market Growth
Norway’s Visma Acquires Danish Expense Management Solution to Drive Enterprise Market Growth
December 14, 2021  |  Partnerships / Acquisitions

Norwegian software service firm Visma has announced the acquisition of Danish FinTech company Acubiz, in a move to accelerate its growth within the human resources...

READ MORE >
Augmented Reality at Chicago’s United Center Powers the 5G Connected Fan Experience
Augmented Reality at Chicago’s United Center Powers the 5G Connected Fan Experience
December 14, 2021  |  Innovation

Sports fans visiting the United Center in Chicago will soon be able to take video and photo selfies with augmented reality (AR) versions of players...

READ MORE >