News

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

Source: pymnts.com

Carnival Loses $4.4B As Cruise Industry Sank In Q2
Carnival Loses $4.4B As Cruise Industry Sank In Q2
June 18, 2020  |  Earnings

Carnival Corp. posted a $4.4 billion loss in the second quarter as the cruise industry was docked due to COVD-19, the company reported Thursday (June...

READ MORE >
Robinhood Faces Another Service Interruption Due To Technical Issue
Robinhood Faces Another Service Interruption Due To Technical Issue
June 18, 2020  |  Markets

In the latest of a string of outages as of the beginning of March, Robinhood Markets Inc. said it has fixed a challenge that led to...

READ MORE >
Economists Recommend More Lenient Terms For Main Street Lending Program
Economists Recommend More Lenient Terms For Main Street Lending Program
June 18, 2020  |  Loans

A pair of former Federal Reserve economists said they think the government should ease the rules on who can participate in the U.S.’s Main Street...

READ MORE >
Amazon Adds 35 Cities To Its Flex Delivery In India
Amazon Adds 35 Cities To Its Flex Delivery In India
June 18, 2020  |  Amazon Delivery

 Amazon India has expanded its Amazon Flex delivery network to 35 cities across the country, The Hindu reported. The delivery service was started last year...

READ MORE >
Sky’s The Limit For Cloud Computing
Sky’s The Limit For Cloud Computing
June 18, 2020  |  Cloud Banking

When Joni Mitchell wrote, “I’ve looked at clouds from both sides now …” she had no idea how popular the cloud would become 50 years...

READ MORE >
Eastern Bank Readying For IPO
Eastern Bank Readying For IPO
June 18, 2020  |  IPO

Boston-based Eastern Bank, the nation’s largest mutual, is pushing ahead with plans to go public and shed its long-time format in a move that could...

READ MORE >
Today In Payments: US Casinos To Go Cashless; Mastercard, Visa Lose Round On UK Swipe Fees
Today In Payments: US Casinos To Go Cashless; Mastercard, Visa Lose Round On UK Swipe...
June 18, 2020  |  News

In today’s top news, U.S. casinos are moving toward cashless gambling, and Visa and Mastercard lost their bid to assess fees on retailers in the...

READ MORE >
Saudi Oil Money To Help Power India’s Digital Revolution
Saudi Oil Money To Help Power India’s Digital Revolution
June 18, 2020  |  Investments

Jio Platforms has reeled in another big investor, with Saudi Arabia’s sovereign wealth fund agreeing to pump $1.5 billion into India’s largest mobile commerce company....

READ MORE >