News

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

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Restaurant POS Provider Toast Puts IPO On Menu
Restaurant POS Provider Toast Puts IPO On Menu
February 21, 2021  |  IPO

Toast, which makes software used by restaurant operators, is considering conducting an initial public offering (IPO) this year, and it could value the company at...

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Australia’s humm Debuts BNPL Solution For SMBs Down Under
Australia’s humm Debuts BNPL Solution For SMBs Down Under
February 21, 2021  |  Buy Now Pay Later

hummgroup has rolled out its new Buy Now, Pay Later (BNPL) solution, tailored for small to mid-sized businesses (SMBs), a press release says. Get the...

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Walmart Canada: Digital Shoppers Cause For New Supplier Fees
Walmart Canada: Digital Shoppers Cause For New Supplier Fees
February 21, 2021  |  B2B Payments

The CEO of Walmart Canada and another top executive are publicly defending the chain’s new assessment on suppliers of a 1.25 percent fee on all...

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Office Depot Parent Buys BuyerQuest To Bolster B2B Strategy
Office Depot Parent Buys BuyerQuest To Bolster B2B Strategy
February 21, 2021  |  B2B Payments

The ODP Corporation, the corporate parent of Office Depot and OfficeMax, has acquired BuyerQuest Holdings, which operates in the procure-to-pay space, the companies announced in...

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Stripe Adds Former Bank Of England Governor Mark Carney To Board
Stripe Adds Former Bank Of England Governor Mark Carney To Board
February 21, 2021  |  Personnel

Mark Carney, former governor for the Bank of England and Bank of Canada, will now be on the board of directors for Stripe, which works...

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eCommerce Surge Bolsters Blue-Collar Jobs
eCommerce Surge Bolsters Blue-Collar Jobs
February 21, 2021  |  Economy

Blue-collar workers for the most part are faring better than white-collar workers during the pandemic-induced recession, something of a flip compared to other recent economic...

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IRS Issues Guidance For Pandemic Identify Theft Victims
IRS Issues Guidance For Pandemic Identify Theft Victims
February 21, 2021  |  Security & Fraud

The IRS has recommendations for taxpayers whose identities were stolen by fraudsters claiming unemployment benefits in other peoples’ names during the pandemic. Get the Full...

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China Tightens Rules For Banks On Internet Lending
China Tightens Rules For Banks On Internet Lending
February 21, 2021  |  Regulation

China’s bank regulator is tightening restrictions on internet loans made by commercial banks and looking more into online lenders in general, Reuters reported. Get the...

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Mars Attracts: Space Tourism Becomes The Final Fun-tier
Mars Attracts: Space Tourism Becomes The Final Fun-tier
February 20, 2021  |  Innovation

Restrictions continue to put a chill on world travel, cutting off popular places on maps we’re all familiar with. But what about places and travel...

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