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

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Upgrade Adds Short-Term Installment Loans Through BNPL Rollout

Upgrade Adds Short-Term Installment Loans Through BNPL Rollout
Upgrade Adds Short-Term Installment Loans Through BNPL Rollout
October 01, 2021  |  Buy Now Pay Later

FinTech digital banking startup Upgrade is jumping into the buy now, pay later (BNPL) space with a product that allows users to pay off their...

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Consumer Spending, Income Show Gains In August
Consumer Spending, Income Show Gains In August
October 01, 2021  |  Economy

U.S. personal consumer expenditures (PCE) rose 0.8% ($130.5 billion) last month, coinciding with an uptick in personal income of 0.2% ($35.5 billion) and a 0.1%...

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AptPay, NRT Unveil smartSEND for Instant Casino, Gaming Payouts
AptPay, NRT Unveil smartSEND for Instant Casino, Gaming Payouts
October 01, 2021  |  Faster Payments

Canadian payment process AptPay is working with NRT Technology and Mastercard to allow casinos and online gaming sites to disperse winnings instantly into guests’ or...

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Connected Car Weekly: Automakers Expand Drive to Engage, Retain Consumers
Connected Car Weekly: Automakers Expand Drive to Engage, Retain Consumers
October 01, 2021  |  Commerce Connected

It was a busy week of new developments as automakers continued their drive to add vehicle technology that will engage consumers in multiple ways and enable them to easily use their favorite tech while on...

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Dine-In Dealt Another Deathblow as QSRs Revert to Digital Ordering vs Policing Vax Mandates
Dine-In Dealt Another Deathblow as QSRs Revert to Digital Ordering vs Policing Vax Mandates
October 01, 2021  |  Coronavirus

Once again, restaurants are closing their dining rooms for virus-related reasons, though this time it is not out of fear of transmission — it is...

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Indian Hotel Chain Oyo Preps $1.1B IPO
Indian Hotel Chain Oyo Preps $1.1B IPO
October 01, 2021  |  IPO

Oyo, the Indian hotel chain backed by SoftBank’s Vision Fund, plans to raise $1.16 billion (or 84.3 billion rupees) through an initial public offering (IPO)....

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DeFi Protocol Compound Begs Users to Return Accidental $90M Payout 
DeFi Protocol Compound Begs Users to Return Accidental $90M Payout 
October 01, 2021  |  Cryptocurrency

DeFi staking protocol Compound accidentally doled out about $90.1 million during a recent upgrade, according to a CNBC report Friday (Oct. 1), and founder Robert...

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Patchwork NIL Rules Leave Many Brands Sitting on Sidelines
Patchwork NIL Rules Leave Many Brands Sitting on Sidelines
October 01, 2021  |  Retail

For decades, college athletes were barred from profiting from their name, image or likeness (NIL) by rules imposed by the NCAA despite many becoming household...

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Nuvemshop Acquires SMB eCommerce Platform Mandaê
Nuvemshop Acquires SMB eCommerce Platform Mandaê
October 01, 2021  |  Retail

Latin American eCommerce platform Nuvemshop said on Friday (Oct. 1) that it plans to acquire the Brazil-based company Mandaê, a logistics platform for small and...

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