News

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

Source: pymnts.com

Lightyear Forms ProfitSolv To Acquire Billing, Payments Solutions
Lightyear Forms ProfitSolv To Acquire Billing, Payments Solutions
September 27, 2020  |  B2B Payments

Lightyear Capital, the New York-based private equity firm working in the fields of financial services, has established ProfitSolv to acquire integrated solutions for billing, payments and...

READ MORE >
Bitcoin Daily: Russia Blacklists Binance Over Data Distribution; China Says Illegal Gambling Uses Crypto To Move Funds Out of Country
Bitcoin Daily: Russia Blacklists Binance Over Data Distribution; China Says Illegal Gambling Uses Crypto To...
September 27, 2020  |  Bitcoin

Russian telecom regulator Roskomnadzor looks to be targeting Binance, the world’s largest cryptocurrency exchange, as a platform “disseminating prohibited information,” according to Cointelegraph. Get the...

READ MORE >
Distressed US Commercial Real Estate Lost 27 Pct Of Value, Wells Fargo Figures Show
Distressed US Commercial Real Estate Lost 27 Pct Of Value, Wells Fargo Figures Show
September 27, 2020  |  Real Estate

Many U.S. commercial properties have lost 25 percent or more of their value as the impact of the coronavirus has taken its toll on hotels,...

READ MORE >
New US Businesses Up 12 Pct, Highest Since 2007
New US Businesses Up 12 Pct, Highest Since 2007
September 27, 2020  |  SMBs

New businesses are being started at a faster rate during the COVID-19 pandemic than they have been in years, a Wall Street Journal (WSJ) report...

READ MORE >
Poshmark Prepares To IPO
Poshmark Prepares To IPO
September 27, 2020  |  IPO

Poshmark, the used clothing platform, has filed to go public, according to a press release. Get the Full Story Complete the form to unlock this...

READ MORE >
US Durable Goods Orders Slow Down, Up 0.4 Pct In August
US Durable Goods Orders Slow Down, Up 0.4 Pct In August
September 27, 2020  |  Economy

The U.S. saw durable goods orders increase to nearly $233 billion in August, according to new data from the U.S. Census Bureau. Get the Full...

READ MORE >
Companies See Work From Home As A Security Threat
Companies See Work From Home As A Security Threat
September 27, 2020  |  Security & Fraud

Once rare, telecommuting has become routine during the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

READ MORE >
Report: Not One PPP Loan Has Been Forgiven
Report: Not One PPP Loan Has Been Forgiven
September 27, 2020  |  Loans

More than 5 million small- to medium-sized businesses (SMBs) received $525 billion from the Paycheck Protection Program (PPP), the popular federal rescue initiative passed by...

READ MORE >
Supermarkets Hoard Staples For Holidays, COVID Resurgence
Supermarkets Hoard Staples For Holidays, COVID Resurgence
September 27, 2020  |  Retail

The holiday season is months away, but food distributors and supermarkets are stockpiling food to prepare for what could be a sales surge if COVID-19...

READ MORE >