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

Source: pymnts.com

Poshmark Rolls Out New eCommerce Tools to Give Sellers More Customer Insights

Poshmark Rolls Out New eCommerce Tools to Give Sellers More Customer Insights
Poshmark Rolls Out New eCommerce Tools to Give Sellers More Customer Insights
October 08, 2021  |  eCommerce

Online apparel platform Poshmark, Inc. on Friday (Oct. 8) announced during its annual conference, PoshFest, its eCommerce future, and unveiled a new team that will...

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Capital One Buys Travel FinTech Lola
Capital One Buys Travel FinTech Lola
October 08, 2021  |  Partnerships / Acquisitions

Capital One has acquired the staff and software of Boston travel tech startup Lola in an effort to boost its FinTech footprint in the Boston...

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Citigroup Claims $11B Lex Foundation Lawsuit Is Fraudulent
Citigroup Claims $11B Lex Foundation Lawsuit Is Fraudulent
October 08, 2021  |  Legal

Citigroup says the $11 billion lawsuit from a mysterious money manager is the work of a “fantasist” trying to extort the bank. Get the Full...

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JPMorgan: Investors Choosing Bitcoin Over Gold
JPMorgan: Investors Choosing Bitcoin Over Gold
October 08, 2021  |  Cryptocurrency

JPMorgan says more institutional investors are choosing bitcoin over gold, in part because of the cryptocurrency’s potential for serious growth both in the near and...

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LA Mandates Proof of Vax; Digital Ordering Prompts Smoothie Renaissance
LA Mandates Proof of Vax; Digital Ordering Prompts Smoothie Renaissance
October 08, 2021  |  Restaurant Roundup

Los Angeles has joined the cities mandating proof of vaccination for entry into restaurants and other indoor venues, after the city council voted 11-2 on...

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Crypto Users More Likely to Use Mobile Wallets in Cross-Border Remittances
Crypto Users More Likely to Use Mobile Wallets in Cross-Border Remittances
October 08, 2021  |  Mobile Wallets

MoneyGram’s recent announcement that it will be partnering with the Stellar Development Foundation, a nonprofit organization, on an eWallet offering with near-instant settlements in Circle’s...

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This Week In Payments: Fresh Revenue Streams, BNPL Fraud Watch and Solutions for Real Problems
This Week In Payments: Fresh Revenue Streams, BNPL Fraud Watch and Solutions for Real Problems
October 08, 2021  |  Innovation

One emerging retail and revenue model trend that appeared in a number of stories PYMNTS covered this week involved big companies turning to non-core businesses...

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Bank of England: One-Third of UK SMBs ‘Highly Indebted’
Bank of England: One-Third of UK SMBs ‘Highly Indebted’
October 08, 2021  |  Debt

England’s central bank has issued a new report warning of a rise in small business failures in the U.K. by the end of 2021, saying...

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BIS Conference: PBoC Boss Yi Gang Warns of More FinTech Enforcement
BIS Conference: PBoC Boss Yi Gang Warns of More FinTech Enforcement
October 08, 2021  |  International

Enforcement against technology companies that engage in anti-competitive practices will remain an enforcement focus of the People’s Bank of China (PBoC), central bank governor Yi...

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