News

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

Source: pymnts.com

Vroozi Expands Procure-To-Pay Offering Into UK

Vroozi Expands Procure-To-Pay Offering Into UK
Vroozi Expands Procure-To-Pay Offering Into UK
February 26, 2020  |  B2B Payments

Cloud-based purchasing platform Vroozi will expand in the U.K. and Ireland, and work with Stratas to automate purchasing in the area, according to a press...

READ MORE >
Funding Societies Adds Financing To SGeBIZ Procurement Platform
Funding Societies Adds Financing To SGeBIZ Procurement Platform
February 26, 2020  |  B2B Payments

Singaporean peer-to-peer (P2P) platform Funding Societies will partner with Singapore eBusiness (SGeBIZ) for a new way to provide financing solutions to customers, reports said. Get...

READ MORE >
Oracle Says It Backs Groups Taking On Big Tech Rivals
Oracle Says It Backs Groups Taking On Big Tech Rivals
February 26, 2020  |  Legal

Oracle is among the donors of the Internet Accountability Project (IAP), which aims to fight against the dominance of Big Tech. California-based Oracle donated between $25,000...

READ MORE >
MoneyGram Online Transactions Grow 39 Percent YOY
MoneyGram Online Transactions Grow 39 Percent YOY
February 25, 2020  |  Earnings

MoneyGram posted earnings that showed continued growth in online transactions, up double-digits on a year-over-year basis. Get the Full Story Complete the form to unlock...

READ MORE >
Walmart Now Handles Fulfillment, Delivery For Third-Party Sellers
Walmart Now Handles Fulfillment, Delivery For Third-Party Sellers
February 25, 2020  |  Retail

A new Walmart service will let third-party vendors hire the retailer to shelve, pack and ship items to customers in a move that could help...

READ MORE >
Uber Ousts Uber Eats Head As It Looks To Stem Losses
Uber Ousts Uber Eats Head As It Looks To Stem Losses
February 25, 2020  |  Personnel

As Uber aims to stem losses from its Eats business in places where there is no indication that it will turn into a number one...

READ MORE >
Tesco To Refocus Business After $357M China Sale
Tesco To Refocus Business After $357M China Sale
February 25, 2020  |  International

With the $357 million sale of its joint venture portion to China Resources Holdings (CRH), a state-run partner, Tesco has finished its exit from China....

READ MORE >
Lower Sales Numbers Send Shake Shack Shares Down 17 Pct
Lower Sales Numbers Send Shake Shack Shares Down 17 Pct
February 25, 2020  |  Retail

After Shake Shack Inc. registered less-than-expected comparable sales and set disappointing targets for this year, the quick-service restaurant’s stock dropped on Tuesday (Feb. 25) as...

READ MORE >
Streaming Makes Up 80 Pct Of Music Industry Sales
Streaming Makes Up 80 Pct Of Music Industry Sales
February 25, 2020  |  Retail

Streaming services from companies like Spotify, Apple and Amazon have helped to fuel an increase in sales and profitability for the music industry. Music sales...

READ MORE >