News

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

Source: pymnts.com

Plaid Woos Banks With New Instant Account Update Feature

Plaid Woos Banks With New Instant Account Update Feature
Plaid Woos Banks With New Instant Account Update Feature
September 01, 2020  |  Digital-First Banking

Plaid is doubling down on its push to connect banks to FinTechs and their customers with a new, instant account update feature. Get the Full...

READ MORE >
Regulatory Costs To Be Paid By Google Advertisers
Regulatory Costs To Be Paid By Google Advertisers
September 01, 2020  |  Google

Google has enacted a plan to pass on the cost of digital services taxes in Europe to advertisers instead, according to a Financial Times (FT)...

READ MORE >
Fed’s Brainard: Additional Stimulus Required To Counter Pandemic Effects
Fed’s Brainard: Additional Stimulus Required To Counter Pandemic Effects
September 01, 2020  |  Economy

A Federal Reserve governor said Tuesday (Sept. 1) that the central bank has to launch initiatives “in coming months” to assist the economy in surmounting...

READ MORE >
Cornerstone To Buy FXPress, Boost SMB Payment Services
Cornerstone To Buy FXPress, Boost SMB Payment Services
September 01, 2020  |  B2B Payments

Cornerstone Brands plans to acquire payments processor FXPress in a deal that also includes a sale of the existing Cornerstone business and restructuring of capital,...

READ MORE >
Mexico Receives $3.53B In Remittances In July, Third Highest On Record
Mexico Receives $3.53B In Remittances In July, Third Highest On Record
September 01, 2020  |  Cross-border Payments

Mexico obtained $3.53 billion in remittances in July to reach the third-highest point recorded, marking a rise of over 7 percent from $3.29 billion in...

READ MORE >
US House Oversight Panel Reports $1B In PPP Loan Violations
US House Oversight Panel Reports $1B In PPP Loan Violations
September 01, 2020  |  Loans

A congressional investigation found more than $1 billion in Paycheck Protection Program (PPP) funds went to small businesses that received multiple loans, a violation of the federal...

READ MORE >
Russian Lawmaker Proposes Commission Fee Cap For Tech Giants
Russian Lawmaker Proposes Commission Fee Cap For Tech Giants
September 01, 2020  |  International

Russian lawmaker Fedot Tumusov has submitted draft legislation to cut and cap the commissions for mobile app sales from giants like Apple and Google, Reuters...

READ MORE >
Report: Job Growth In Next Decade Predicted Slower Than Great Recession
Report: Job Growth In Next Decade Predicted Slower Than Great Recession
September 01, 2020  |  Economy

U.S. employment is projected to increase by 6 million jobs over the decade from 2019 through 2029. Get the Full Story Complete the form to...

READ MORE >
Tipalti Teams With Klear, Burkland And SCS Cloud For B2B Payments
Tipalti Teams With Klear, Burkland And SCS Cloud For B2B Payments
September 01, 2020  |  B2B Payments

To continue simplifying how expanding companies handle their finances, accounts payable technology company Tipalti has unveiled three new partnerships. The partners include accounting services firm...

READ MORE >