News

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

Source: pymnts.com

Wells Fargo Taps Derek Ellington As SMB Banking Chief

Wells Fargo Taps Derek Ellington As SMB Banking Chief
Wells Fargo Taps Derek Ellington As SMB Banking Chief
July 25, 2021  |  B2B Payments

Wells Fargo has announced its head of Small Business Banking will be Derek Ellington after luring him away from Bank of America where he worked...

READ MORE >
DeFi Player Paystand Raises $50M To Digitize B2B Payments
DeFi Player Paystand Raises $50M To Digitize B2B Payments
July 25, 2021  |  B2B Payments

Paystand, a payments company for businesses that works to reduce transaction costs by relying on blockchain technology, has raised $50 million in a Series C...

READ MORE >
The Olympic Flame Is Lit: Let The Modified Games Begin
The Olympic Flame Is Lit: Let The Modified Games Begin
July 24, 2021  |  What's Trending

Late sleepers probably didn’t see it live, but as of 6:55 a.m. ET yesterday morning (roughly 8 p.m. local time in Tokyo) the Olympics got...

READ MORE >
B2B Payments Today: Flowfy Talks Trade Credit In Fashion; Citi Introduces Real-Time Liquidity Tool
B2B Payments Today: Flowfy Talks Trade Credit In Fashion; Citi Introduces Real-Time Liquidity Tool
July 23, 2021  |  B2B Payments

Today in B2B payments, Flowfy talks trade credit for fashion supply chains, and Citi introduces a real-time liquidity tool. Plus, VARStreet explores VARs’ eProcurement needs,...

READ MORE >
Amazon Interest In Crypto Increasing With New Job Posting
Amazon Interest In Crypto Increasing With New Job Posting
July 23, 2021  |  Amazon

A recent job posting by Amazon seeking a digital currency and blockchain expert for its payments team means the company could be moving closer to...

READ MORE >
Uber’s Didi Holdings Plummet $2B As China Accelerates US Crackdown
Uber’s Didi Holdings Plummet $2B As China Accelerates US Crackdown
July 23, 2021  |  Ridesharing

Uber’s stake in Didi shrank by $2 billion this week amid China’s crackdown on U.S. listings. In less than one month, the ride-hail giant’s one-time...

READ MORE >
IPOs Picking Up Steam In Europe
IPOs Picking Up Steam In Europe
July 23, 2021  |  IPO

There’s a whole lot of buying of “next big things” across Europe these days, with more than half of the 27 companies being offered by...

READ MORE >
Today In Retail: Snapchat And Twitter Advance Social Commerce Ambitions; Harley-Davidson Revs Up Digital D2C Sales
Today In Retail: Snapchat And Twitter Advance Social Commerce Ambitions; Harley-Davidson Revs Up Digital D2C...
July 23, 2021  |  Retail

In today’s top retail news, both Snapchat and Twitter reported strong quarterly earnings as the social media companies try to insert themselves more into the...

READ MORE >
The Hunt Is On For Facebook’s Cloud Games On Apple Devices
The Hunt Is On For Facebook’s Cloud Games On Apple Devices
July 23, 2021  |  Apple

Facebook’s cloud gaming services is now available on iPhones and iPads — for those who know how to find it. Get the Full Story Complete...

READ MORE >