News

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

(source: pymnts.com)

Inflation and Pinched Consumer Wallets Dominate Q1 Earnings
Inflation and Pinched Consumer Wallets Dominate Q1 Earnings
May 01, 2024  |  Earnings

If there’s a theme for retailers this earnings season, and especially for dining, it might be crystallized in the comments this week from McDonald’s CEO...

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FanDuel Picks NY Over London for Primary Listing
FanDuel Picks NY Over London for Primary Listing
May 01, 2024  |  Stock Index

FanDuel is reportedly preparing to switch its public listing to the U.S. markets. Shareholders in Flutter Entertainment, FanDuel’s Ireland-based owner, have voted to move the online betting group’s...

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David’s Bridal: Vow Renewal Couples Want the Newlyweds Shopping Experience
David’s Bridal: Vow Renewal Couples Want the Newlyweds Shopping Experience
May 01, 2024  |  Retail

Consumers are willing to spend an arm and a leg on their weddings — possibly more than once, according to David’s Bridal. In an interview with...

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Payment Innovations Help Small Businesses Navigate the Main Street Maze
Payment Innovations Help Small Businesses Navigate the Main Street Maze
May 01, 2024  |  SMBs

Payments are the lifeblood of any business, but for small businesses, they are particularly crucial. And with the news that, in the last 12 months,...

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58% of Freelance and Contract Workers Would Pay to Get Paid Faster
58% of Freelance and Contract Workers Would Pay to Get Paid Faster
May 01, 2024  |  Disbursements

Nearly three-quarters of consumers want their disbursements paid to them instantly, but only one-third actually receive them instantly. Whether they are getting earnings, income payments,...

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Information Sector Loses 4,000 Jobs While Overall Employment Grows
Information Sector Loses 4,000 Jobs While Overall Employment Grows
May 01, 2024  |  Economy

Nine out of 10 industry sectors monitored by ADP posted job gains in April. The sole exception was the information sector, which lost 4,000 jobs...

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PSCU Teams With Aloha Credit Union for Card Processing
PSCU Teams With Aloha Credit Union for Card Processing
May 01, 2024  |  Partnerships

PSCU/Co-op Solutions teamed up with Aloha Pacific Federal Credit Union (APFCU). The partnership will see the payments credit union service organization (CUSO) help Hawaii-based APFCU provide credit and debit card processing...

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Biden Cancels $6 Billion in Debt for Grads of Failed Art Institutes
Biden Cancels $6 Billion in Debt for Grads of Failed Art Institutes
May 01, 2024  |  Loans

The White House has forgiven $6.1 billion in loans for Art Institutes graduates. That’s because, the Department of Education said in a news release Wednesday (May 1),...

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Payments FinTech SumUp Gets $1.6 Billion Private Credit Loan
Payments FinTech SumUp Gets $1.6 Billion Private Credit Loan
May 01, 2024  |  Loans

British payments FinTech SumUp is reportedly looking to expand following a $1.6 billion loan. The private credit package will allow SumUp “to refinance existing debt, as well as...

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