News

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

Source: pymnts.com

APIs, ISVs And The End Of Business As Usual
APIs, ISVs And The End Of Business As Usual
April 15, 2020  |  API

The coronavirus pandemic has exposed vulnerabilities across doing business as usual, as the nature of commerce and how we pay has changed on a dime,...

READ MORE >
COVID-19 Update: Austria Allows SMBs To Reopen; Harvard Implements Spending Freeze
COVID-19 Update: Austria Allows SMBs To Reopen; Harvard Implements Spending Freeze
April 14, 2020  |  Coronavirus

Austria is letting shops open again as it relaxes its coronavirus lockdown, while universities in the U.S. are taking measures to combat the economic impacts...

READ MORE >
Fed Officials Explore Ways To Reopen US
Fed Officials Explore Ways To Reopen US
April 14, 2020  |  Economy

U.S. Federal Reserve officials are facing a two pronged problem, Reuters reported: How do they reopen the economy while also making sure the coronavirus doesn’t...

READ MORE >
JPMorgan CEO: US Workers May Head Back To Jobs In June
JPMorgan CEO: US Workers May Head Back To Jobs In June
April 14, 2020  |  Economy

JPMorgan Chase CEO Jamie Dimon said he doesn’t think the world is ready to start bringing workers back into their offices until June at the...

READ MORE >
Goldman Sachs: US Unemployment To Hit 15 Pct; GDP May Drop 34 Pct In Quarter
Goldman Sachs: US Unemployment To Hit 15 Pct; GDP May Drop 34 Pct In Quarter
April 14, 2020  |  Economy

Goldman Sachs‘ new prediction is that the economic fallout from the coronavirus pandemic will end up four times worse than the recession from 2008-09, but...

READ MORE >
Agricultural Bank Of China Tests App For Country’s Digital Currency
Agricultural Bank Of China Tests App For Country’s Digital Currency
April 14, 2020  |  Cryptocurrency

One of China’s state-owned banks has a mobile test app that supports the country’s central bank digital currency, according to a CoinDesk report. Get the...

READ MORE >
Cisco Launches $2.5B Financing Program On New Products
Cisco Launches $2.5B Financing Program On New Products
April 14, 2020  |  Payment Methods

Cisco, the California-based global technology company, announced a new financing program that allows customers to defer 95 percent of the cost of new products until...

READ MORE >
Coronavirus Refunds: Ticketmaster Updates Refund Policy Phrasing; MAPFRE Insurance Debuts ‘Staying Home Refund’ Program
Coronavirus Refunds: Ticketmaster Updates Refund Policy Phrasing; MAPFRE Insurance Debuts ‘Staying Home Refund’ Program
April 14, 2020  |  Coronavirus

The coronavirus pandemic is upsetting normal life the world over, and plenty of consumers want refunds on things that they paid for but aren’t able...

READ MORE >
Pandemic Set To Further Erode EU Banks’ Profitability
Pandemic Set To Further Erode EU Banks’ Profitability
April 14, 2020  |  Banking

The European Union (EU) has enough liquidity to stay afloat during COVID-19, but profitability could sink as the pandemic worsens, according to the European Banking...

READ MORE >