News

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

Source: pymnts.com

Consumer Confidence Drops Again In August
Consumer Confidence Drops Again In August
August 25, 2020  |  Economy

The Conference Board’s Consumer Confidence Index declined for the second month in a row, dropping from 91.7 in July to a current reading at 84.8,...

READ MORE >
Socure Closes On $35M In New Round Of Funding
Socure Closes On $35M In New Round Of Funding
August 25, 2020  |  Investments

Socure, the identity verification and fraud prevention software provider, announced on Tuesday (Aug. 25) that it has raised $35 million in funding. Get the Full...

READ MORE >
Gig Apps Work It On Latest PYMNTS Provider Ranking
Gig Apps Work It On Latest PYMNTS Provider Ranking
August 25, 2020  |  Mobile Applications

Unemployment has always been a leading economic indicator, and by many accounts, the economy is in for a couple of years of recessionary behavior. Thank...

READ MORE >
Entertainment Payroll Platform Wrapbook Raises $3.6M
Entertainment Payroll Platform Wrapbook Raises $3.6M
August 25, 2020  |  B2B Payments

Payroll processing platform Wrapbook has raised $3.6 million in seed funding for its technology that streamlines onboarding, payment and insurance for the entertainment industry, according...

READ MORE >
Salesforce’s Addition To Dow Spotlights Connected Economy Impact
Salesforce’s Addition To Dow Spotlights Connected Economy Impact
August 25, 2020  |  Markets

Out with the Exxon. In with the ecosystem. That’s what’s going on with the Dow Jones Industrial Average, which has announced plans to swap out...

READ MORE >
Today In Payments: Judge Delivers Temporary Victory To Apple, Epic Games; UK Regulators Approve Visa’s Plaid Acquisition
Today In Payments: Judge Delivers Temporary Victory To Apple, Epic Games; UK Regulators Approve Visa’s...
August 25, 2020  |  News

In today’s top news, a federal court handed temporary victories to both sides of the Apple vs. Epic Games case, and the U.K.’s anti-competition watchdog...

READ MORE >
Xero To Buy SMB Financing Platform Waddle For Up To $57.5M
Xero To Buy SMB Financing Platform Waddle For Up To $57.5M
August 25, 2020  |  B2B Payments

As it aims to expand its small business platform, accounting software provider Xero plans to acquire cloud-based lending company Waddle through an arrangement valued as...

READ MORE >
Facebook Rolls Out In-App Marketplace In Facebook Shop
Facebook Rolls Out In-App Marketplace In Facebook Shop
August 25, 2020  |  Social Commerce

Facebook has introduced what it calls a new place to discover businesses and buy products on its app. On Tuesday (Aug. 25), Mark Zuckerberg’s social...

READ MORE >
Main Street On Lockdown: The COVID-19 Cash Chasm
Main Street On Lockdown: The COVID-19 Cash Chasm
August 25, 2020  |  Coronavirus

The Paycheck Protection Program (PPP) relief effort began accepting applications from small to mid-sized businesses (SMBs), which employ roughly half of the United States workforce,...

READ MORE >