News

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

Source: pymnts.com

Fed Expects GDP To End Year Slightly Higher; Predicts 4.2 Pct Growth In 2021
Fed Expects GDP To End Year Slightly Higher; Predicts 4.2 Pct Growth In 2021
December 16, 2020  |  Economy

The Federal Reserve has upped its expectations for the end-of-year forecast, now predicting that the real gross domestic product (GDP) will fall by only 2.4...

READ MORE >
Zenefits Launches Healthcare Benefits Shopping Experience For SMBs
Zenefits Launches Healthcare Benefits Shopping Experience For SMBs
December 16, 2020  |  B2B Payments

Human capital management firm Zenefits unveiled the rollout of a healthcare benefits shopping experience that enables small companies to shop, contrast, choose and administer health,...

READ MORE >
Mexican Regulator Says Credit, Debit Processing Too Highly Concentrated
Mexican Regulator Says Credit, Debit Processing Too Highly Concentrated
December 16, 2020  |  ANTITRUST

According to Mexican regulators, the two companies in charge of the country’s credit and debit settlements represent “a near monopoly,” and big businesses need to...

READ MORE >
US News Publishers Join Group Seeking To Lower App Store Fees
US News Publishers Join Group Seeking To Lower App Store Fees
December 16, 2020  |  Mobile Applications

Major U.S. news publishers, including The New York Times, The Washington Post, NPR, ESPN, Bloomberg and others, have now joined the Coalition for App Fairness,...

READ MORE >
eCommerce Site Wish Drops 16.4 Pct On First Day Of Trading
eCommerce Site Wish Drops 16.4 Pct On First Day Of Trading
December 16, 2020  |  IPO

ContextLogic, which is the parent company for eCommerce giant Wish, saw shares fall 16.4 percent Wednesday (Dec. 16) for the company’s market debut, CNBC reported....

READ MORE >
Bitcoin Daily: American Express Ventures Invests In FalconX; Malta’s Banks Skeptical Of Blockchain
Bitcoin Daily: American Express Ventures Invests In FalconX; Malta’s Banks Skeptical Of Blockchain
December 16, 2020  |  Bitcoin

American Express Ventures has invested in cryptocurrency exchange platform FalconX, according to a press release. Get the Full Story Complete the form to unlock this...

READ MORE >
Veem Grows Multi-Rail B2B Payment Capabilities
Veem Grows Multi-Rail B2B Payment Capabilities
December 16, 2020  |  B2B Payments

Digital payment solution provider Veem unveiled central improvements to its routing technology inside of the country and abroad, according to a Wednesday (Dec. 16) announcement....

READ MORE >
Mastercard, EnKash Team To Expand Commercial Card Use In India
Mastercard, EnKash Team To Expand Commercial Card Use In India
December 16, 2020  |  B2B Payments

EnKash, a digital platform and payment solution provider, has entered into an alliance with Mastercard to expand the usage and acceptance of commercial cards in...

READ MORE >
Ternio Integrates With Plaid To Ease Access To Crypto-Friendly Accounts
Ternio Integrates With Plaid To Ease Access To Crypto-Friendly Accounts
December 16, 2020  |  Cryptocurrency

Ternio, a global FinTech platform, has integrated with Plaid, a financial data company, to help Ternio BlockCard bank accounts access faster and more secure connections...

READ MORE >