News

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

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Hilton To Permanently Close Its Hotel In New York City’s Times Square

Hilton To Permanently Close Its Hotel In New York City’s Times Square
Hilton To Permanently Close Its Hotel In New York City’s Times Square
September 03, 2020  |  Economy

The Hilton Times Square is the latest victim of the coronavirus pandemic. In a filing with New York’s State Department of Labor, the managing director...

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Smaller Treasury Banks Step Up As Corporates Push For Instant Payments
Smaller Treasury Banks Step Up As Corporates Push For Instant Payments
September 03, 2020  |  Faster Payments

COVID-19 didn’t suddenly make consumers realize it’s preferable to be paid out instantly instead of waiting three days for an ACH payment — or worse,...

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How Retailers Can Ride The Rise Of Mobile Wallets
How Retailers Can Ride The Rise Of Mobile Wallets
September 03, 2020  |  Mobile Wallets

Mobile payments have long been billed as the next big thing. Starting with the release of Apple Pay in 2014, there was a veritable rush...

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The Digital Payments Preferences That Cross The Generational Divide
The Digital Payments Preferences That Cross The Generational Divide
September 03, 2020  |  Digital Payments

Cash will always have a place among consumers — but its use is dwindling. Only 26 percent of all consumer payments are made in the...

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Helping FIs Separate The ‘Reality Of Fraud Protection’ From Perception
Helping FIs Separate The ‘Reality Of Fraud Protection’ From Perception
September 03, 2020  |  Security & Fraud

The pandemic has pushed us to do all things digitally while opening up new vectors of attack. Those new avenues of fraud have leveraged hallmarks...

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InstaMed CEO: From Telemedicine To ePayments, Healthcare Embraces A Digitization Boom
InstaMed CEO: From Telemedicine To ePayments, Healthcare Embraces A Digitization Boom
September 03, 2020  |  Healthcare

As it’s done in many industries, the global pandemic has added immense haste to the healthcare sector’s digitization roadmaps. Yet the industry’s trajectory since the...

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How Online Platforms Are Closing The Affordable-Housing Gap
How Online Platforms Are Closing The Affordable-Housing Gap
September 03, 2020  |  Real Estate

The pandemic has shifted attention to every dollar we spend, focusing on necessities, such as shelter and food. Get the Full Story Complete the form...

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TCV Acquires Spend Management Tech Firm Oversight
TCV Acquires Spend Management Tech Firm Oversight
September 02, 2020  |  B2B Payments

Growth equity firm TCV has acquired spend management tech firm Oversight, according to a press release emailed to PYMNTS, and will help Oversight expand its...

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WHO Postpones Down Payments Amid COVID-19 Facility Redesign
WHO Postpones Down Payments Amid COVID-19 Facility Redesign
September 02, 2020  |  B2B Payments

The World Health Organization (WHO) has had to redesign its vaccine procurement facility due to richer nations wanting more flexible deals, Financial Times (FT) reported...

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