News

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

Source: pymnts.com

77 Pct Of Holiday Gift Recipients Expect To Make Returns

77 Pct Of Holiday Gift Recipients Expect To Make Returns
77 Pct Of Holiday Gift Recipients Expect To Make Returns
December 03, 2019  |  Retail

The results of a new survey found that most people – around 77 percent – plan on returning some of their gifts this holiday season,...

READ MORE >
How FinTech Payment Platforms Power Marketplaces
How FinTech Payment Platforms Power Marketplaces
December 03, 2019  |  Payments Innovation

FinTech firms are aiming to serve the payment needs of marketplaces with technology that helps funds flow both in and out of their accounts —...

READ MORE >
How 5G Will Power The Industrial Commerce Revolution
How 5G Will Power The Industrial Commerce Revolution
December 03, 2019  |  Innovation

Robots and artificial intelligence haven’t taken over — yet. But machines still have human-like needs, needs that, when fulfilled, can improve payments and commerce and, according...

READ MORE >
SEC Flags Benchmark That Obscured WeWork’s Bottom Line
SEC Flags Benchmark That Obscured WeWork’s Bottom Line
December 03, 2019  |  B2B Payments

The We Company, the parent of WeWork, uses a cash-flow metric called the “contribution margin,” which showed that its core services were profitable, Bloomberg Tax...

READ MORE >
Walmart No. 1 Downloaded US Shopping App On Black Friday
Walmart No. 1 Downloaded US Shopping App On Black Friday
December 03, 2019  |  Mobile Applications

Despite Amazon’s claims that this year’s Cyber Monday was the biggest shopping day in its history, Walmart had the No. 1 shopping app in the...

READ MORE >
New Regulations Prompt Airbnb To Yank Boston Listings
New Regulations Prompt Airbnb To Yank Boston Listings
December 03, 2019  |  Regulation

Airbnb has removed thousands of listings in Boston in response to new regulations regarding residency in the city, according to a report by CNBC. Get...

READ MORE >
CFPB Proposal On Remittances Offers Exemptions For Banks, CUs
CFPB Proposal On Remittances Offers Exemptions For Banks, CUs
December 03, 2019  |  CFPB

In the years ahead, might there be a greater number of smaller financial institutions (FIs) offering remittance services? Get the Full Story Complete the form...

READ MORE >
Uber Partners With Amex To Offer Rewards For Corporate Riders
Uber Partners With Amex To Offer Rewards For Corporate Riders
December 03, 2019  |  B2B Payments

Uber and American Express have partnered to offer businesses rewards whenever they pay for rides using a corporate American Express Card, The Points Guy reported...

READ MORE >
Top News In Payments: Wells Fargo Appoints COO; Visa Names New Partners To Help FinTechs
Top News In Payments: Wells Fargo Appoints COO; Visa Names New Partners To Help FinTechs
December 03, 2019  |  News

In today’s top payments news, Wells Fargo has selected former Santander head executive Scott Powell to be its new chief operating officer. Also, Visa is working with four global...

READ MORE >