News

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

Source: pymnts.com

Uber Reaches $2.65B Deal To Buy Postmates

Uber Reaches $2.65B Deal To Buy Postmates
Uber Reaches $2.65B Deal To Buy Postmates
July 06, 2020  |  Partnerships / Acquisitions

Uber Technologies agreed Monday (July 6) to purchase delivery firm Postmates Inc. in an all-stock deal worth $2.65 billion. Get the Full Story Complete the...

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Goldman Sachs Drops GDP Estimate; Expects Lower Growth This Quarter
Goldman Sachs Drops GDP Estimate; Expects Lower Growth This Quarter
July 06, 2020  |  Economy

Goldman Sachs economists have revised their forecast for 2020’s economy downwards, but still think things could be back on track by around September, Bloomberg reports....

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Bitcoin Daily: SEC Warns Consumers Of Crypto-Trading Scams; Hamilton FinTech Launches Jefferson Stablecoin
Bitcoin Daily: SEC Warns Consumers Of Crypto-Trading Scams; Hamilton FinTech Launches Jefferson Stablecoin
July 06, 2020  |  Bitcoin

To commemorate the Fourth of July holiday, Hamilton Fintech has launched the Jefferson Coin (JEF), according to a press release, a new stablecoin backed by...

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It Takes A Village To Build An Instant-Payments Ecosystem
It Takes A Village To Build An Instant-Payments Ecosystem
July 06, 2020  |  Digital Payments

The idea that money should be able to move instantly between sender and recipient has long been gaining ground in P2P payments, the gig economy,...

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Cedar CEO: Solving For Healthcare’s ‘Black Box’ Of Patient Billing
Cedar CEO: Solving For Healthcare’s ‘Black Box’ Of Patient Billing
July 06, 2020  |  Healthcare

It may be the blackest of black boxes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Let’s Go Out To The Drive-In Movie Restaurant: How One Restaurant Is Reinventing The Dining Experience
Let’s Go Out To The Drive-In Movie Restaurant: How One Restaurant Is Reinventing The Dining...
July 06, 2020  |  Payments Innovation

Anyone who has ever driven North on Route 1 from Boston, Massachusetts, has seen Kowloon Restaurant. It’s hard to miss. The iconic Chinese restaurant and...

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What Q1 And Q2 Is Telling Us About The Rest Of 2020
What Q1 And Q2 Is Telling Us About The Rest Of 2020
July 06, 2020  |  Retail

Only halfway in, 2020 feels,  of course, like a decade’s been packed into six months. Get the Full Story Complete the form to unlock this...

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How One Gig Platform Is Reinventing The Gig Worker Experience By Boosting Their Wages
How One Gig Platform Is Reinventing The Gig Worker Experience By Boosting Their Wages
July 06, 2020  |  Gig Economy

Among the casualties of the pandemic: The gig economy. As estimated by PYMNTS, 40 percent of gig workers have lost at least $10,000 of income...

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SBA, Treasury Fail To Release PPP Loan Data
SBA, Treasury Fail To Release PPP Loan Data
July 06, 2020  |  Loans

The Treasury Department and Small Business Administration (SBA) don’t seem likely to release the data this week on Paycheck Protection Program (PPP) loans as they’d...

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