News

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

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FedEx Expects To Surpass Amazon Next Year
FedEx Expects To Surpass Amazon Next Year
December 18, 2019  |  Delivery

FedEx posted disappointing Q2 earnings results, but in a call with investors, the company’s CFO said it will not only rebound but surpass Amazon in...

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UK To Launch Big Tech Regulator Post-Brexit
UK To Launch Big Tech Regulator Post-Brexit
December 18, 2019  |  Regulation

The United Kingdom will create a technology regulator next year after Brexit is completed, according to a report by the Financial Times. Get the Full...

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Swedish Regulator Investigating SEB Over AML Issues 
Swedish Regulator Investigating SEB Over AML Issues 
December 18, 2019  |  AML

A Swedish regulator has opened an investigation into SEB, one of Sweden’s largest banks, over an increasingly volatile money-laundering scandal that has adversely affected the...

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Accounting Software Sage Intacct Rolls Out In UK
Accounting Software Sage Intacct Rolls Out In UK
December 18, 2019  |  B2B Payments

Silicon Valley’s Sage Intacct is bringing its cloud-based financial management system to the U.K. following an August launch in Australia, the company announced in a...

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Top News In Payments: Open Banking Could Expand In UK; Goldman Leads $1.75B Credit Line For WeWork
Top News In Payments: Open Banking Could Expand In UK; Goldman Leads $1.75B Credit Line...
December 18, 2019  |  News

In today’s top payments news, the Financial Conduct Authority proposed new data sharing rules to expand open banking in the U.K., and WeWork received $1.75...

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‘Super Saturday’ Retail Sales Expected To Surpass Black Friday
‘Super Saturday’ Retail Sales Expected To Surpass Black Friday
December 18, 2019  |  Retail

The biggest shopping day of the year, despite the shorter holiday shopping season, will be the Saturday before Christmas, according to a report by Reuters....

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Payrailz Partners With Mastercard For Real-Time Bill Payments
Payrailz Partners With Mastercard For Real-Time Bill Payments
December 18, 2019  |  Digital Banking

Digital payments company Payrailz is teaming with Mastercard to launch a pilot of the Mastercard Bill Pay Exchange, a real-time payment solution that works directly...

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Amazon Taps Discount Airline To Operate Cargo Fleet
Amazon Taps Discount Airline To Operate Cargo Fleet
December 18, 2019  |  Amazon

Amazon, in its bid to take more control over its own shipping and logistics, has contracted Sun Country Airlines to fly a fleet of 10...

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Fed’s Brainard: Stablecoins Pose Risk To Consumers
Fed’s Brainard: Stablecoins Pose Risk To Consumers
December 18, 2019  |  Cryptocurrency

Federal Reserve Gov. Lael Brainard on Wednesday (Dec. 18) outlined key risks associated with cryptocurrency in general and Facebook’s Libra in particular. Get the Full...

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