News

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

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Top News In Payments: SoftBank Reports $6.5B Loss; FIS Sees Strong Merchant Sales In Q3

Top News In Payments: SoftBank Reports $6.5B Loss; FIS Sees Strong Merchant Sales In Q3
Top News In Payments: SoftBank Reports $6.5B Loss; FIS Sees Strong Merchant Sales In Q3
November 06, 2019  |  News

In today’s top payments news, Japan’s SoftBank reported a $6.5 billion loss on Wednesday (Nov. 6) with its first quarterly drop-off in 14 years. Also,...

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Jersey City Votes To Tighten Short-Term Rental Regs
Jersey City Votes To Tighten Short-Term Rental Regs
November 06, 2019  |  Regulation

Airbnb suffered a blow on Tuesday (Nov. 5) when Jersey City residents voted to apply more regulations to short-term rentals, a decision that could have...

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Coupa Taps Amex, Mastercard Track In Spend Management Expansion
Coupa Taps Amex, Mastercard Track In Spend Management Expansion
November 06, 2019  |  B2B Payments

Enterprise spend management solution provider Coupa is expanding its offering with new features and a partnership with American Express, the companies said Wednesday (Nov. 6)....

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Wirecard Expands KMPG Audit To Clear Fraud Allegations
Wirecard Expands KMPG Audit To Clear Fraud Allegations
November 06, 2019  |  B2B Payments

Wirecard is having auditing giant KPMG expand the scope of its review of Wirecard financials as the company continues to defend against allegations of fraud....

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Billtrust Business Network Nears 1M Transaction Milestone
Billtrust Business Network Nears 1M Transaction Milestone
November 06, 2019  |  B2B Payments

Billtrust announced on Wednesday (Nov. 6) that its Business Payments Network (BPN) is approaching the milestone of 1 million B2B transactions about one year after...

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IBM And BofA Team On Bank Cloud Computing Platform
IBM And BofA Team On Bank Cloud Computing Platform
November 06, 2019  |  Banking

Bank of America has teamed with IBM and its regulatory compliance arm, Promontory Financial Group, to create a cloud computing platform that has privacy, security and...

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Court Filings Show Facebook’s Data Policy Was About Competition, Not Privacy
Court Filings Show Facebook’s Data Policy Was About Competition, Not Privacy
November 06, 2019  |  Security & Fraud

Facebook’s 2012 policy changes that denied app developers access to user data was actually about stifling competition, not protecting user privacy, according to documents reviewed...

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Costco Teams With Instacart For Free 60-Minute Rx Delivery 
Costco Teams With Instacart For Free 60-Minute Rx Delivery 
November 06, 2019  |  Delivery

Warehouse club Costco is partnering with delivery firm Instacart to launch a prescription delivery pilot program in California and Washington, CNBC reported on Wednesday (Nov....

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FreshBooks Offers Same-Day Deposits To SMBs
FreshBooks Offers Same-Day Deposits To SMBs
November 06, 2019  |  B2B Payments

Accounting software FreshBooks has integrated with JPMorgan Chase’s WePay to offer small businesses same-day and next-day deposits, FreshBooks announced in a press release on Wednesday...

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