News

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

Source: pymnts.com

Meme Stocks, Loyalty Programs And Crypto Debit Cards Top This Week’s News
Meme Stocks, Loyalty Programs And Crypto Debit Cards Top This Week’s News
June 11, 2021  |  The Weekender

The next bumper crop of meme names could be tied to … well, names. Also, new insights have emerged on loyalty programs in addition to...

READ MORE >
Today In Payments: China’s eCurrency Can Be Stored In Digital, Physical Wallets; Stripe Launches Tax Compliance Service
Today In Payments: China’s eCurrency Can Be Stored In Digital, Physical Wallets; Stripe Launches Tax...
June 11, 2021  |  News

In today’s top news, China’s digital yuan can be stored in a variety of wallets, and Stripe launched its own global tax compliance service. Plus,...

READ MORE >
China Enacts New Rules For $1 Trillion Cash Management Market
China Enacts New Rules For $1 Trillion Cash Management Market
June 11, 2021  |  Regulation

China’s Banking and Insurance Regulatory Commission (CBIRC) has imposed new rules on wealth management products for cash, a move that puts stricter controls on the...

READ MORE >
Flying Taxis Take Off With Vertical Aerospace, Eve Urban SPAC IPOs
Flying Taxis Take Off With Vertical Aerospace, Eve Urban SPAC IPOs
June 11, 2021  |  IPO

Flying taxi startups Vertical Aerospace and Eve Urban Air Mobility Solutions are separately planning initial public offerings (IPOs) via mergers with special purpose acquisition companies...

READ MORE >
PYMNTS Data Brief: 140 Million People Want Local SMB Rewards Run By Big Loyalty
PYMNTS Data Brief: 140 Million People Want Local SMB Rewards Run By Big Loyalty
June 11, 2021  |  Loyalty & Rewards

In any crisis, a sense of community infuses human emotion and behavior. It’s exactly the effect we’re seeing, but with a twist. New data reveals...

READ MORE >
Indian Court Rejects Pleas By Amazon, Flipkart In Antitrust Probe
Indian Court Rejects Pleas By Amazon, Flipkart In Antitrust Probe
June 11, 2021  |  ANTITRUST

An Indian court dismissed appeals by Amazon and Walmart’s Flipkart to end an antitrust investigation, Reuters reported. Get the Full Story Complete the form to unlock...

READ MORE >
McDonald’s Falls Victim To Data Breach Amid Growing Cyberattack Concern
McDonald’s Falls Victim To Data Breach Amid Growing Cyberattack Concern
June 11, 2021  |  Security & Fraud

The world’s largest quick-service restaurant (QSR) chain just had its cyber defenses breached. McDonald’s revealed Friday (June 11) that its databases have been hacked in...

READ MORE >
New COVID Outbreaks In Asia Threaten Global Supply Chain
New COVID Outbreaks In Asia Threaten Global Supply Chain
June 11, 2021  |  Coronavirus

New COVID-19 outbreaks in Asia have disrupted global supply chains and threaten to drag down the post-pandemic economic recovery, The Wall Street Journal reported on...

READ MORE >
1st Dibs IPO Reflects Increased Competition, Demand For All Things Vintage
1st Dibs IPO Reflects Increased Competition, Demand For All Things Vintage
June 11, 2021  |  Retail

It may have been overshadowed and outsized by monday.com’s initial public offering (IPO) but the trading debut of the vintage goods seller 1st Dibs has been...

READ MORE >