News

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

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Bitcoin Daily: Huawei Creates Blockchain System For Beijing; CryptoTrader.Tax Suffers Hack

Bitcoin Daily: Huawei Creates Blockchain System For Beijing; CryptoTrader.Tax Suffers Hack
Bitcoin Daily: Huawei Creates Blockchain System For Beijing; CryptoTrader.Tax Suffers Hack
August 24, 2020  |  Bitcoin

Huawei has created a technology based on the blockchain to help the Beijing government more effectively monitor and supervise citizen information, CoinDesk reported. Get the...

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Chinese Tech Stocks Jump As Their Listing Market Eases Rules
Chinese Tech Stocks Jump As Their Listing Market Eases Rules
August 24, 2020  |  Cross-border Payments

Following the adoption of new rules intended to make it easier for companies to hold initial public offerings (IPOs), some Chinese technology companies newly listed...

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Open Payments Raises $3.5M In Seed Round
Open Payments Raises $3.5M In Seed Round
August 24, 2020  |  B2B Payments

Open Payments, the Stockholm-based FinTech, has raised €3 million ($3.5 million) in a seed-funding round, according to a report from the magazine EU-Startups. The round...

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Big Tech Compliance Tracker: Facebook Backs Data Portability Law, Amazon Considers Registering Services As Separate Entities In India
Big Tech Compliance Tracker: Facebook Backs Data Portability Law, Amazon Considers Registering Services As Separate...
August 24, 2020  |  Legal & Regulation

Here’s the latest news from Facebook, Amazon and others, which are coming under increasing scrutiny from regulators, trade groups and politicians the world over. Get...

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India’s Future Retail Narrowly Avoids Debt Default
India’s Future Retail Narrowly Avoids Debt Default
August 24, 2020  |  Debt

Future Retail, a sprawling brick-and-mortar operation owned by Indian billionaire Kishore Biyani, made a $14 million interest payment to debt-holders on Monday (Aug. 24) –...

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UK Regulators OK Visa’s Planned Acquisition Of Plaid
UK Regulators OK Visa’s Planned Acquisition Of Plaid
August 24, 2020  |  Partnerships

The U.K.’s Competition and Markets Authority (CMA) has provided the go-ahead for Visa’s planned acquisition of Plaid, according to a Monday (Aug. 24) announcement. Get...

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US Laptop Shortage Could Derail Remote Learning
US Laptop Shortage Could Derail Remote Learning
August 24, 2020  |  Retail

As students and teachers prepare for a return to in-person learning for at least some of the time this fall, many of the nation’s schools...

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Amazon Offers Cheaper Audible Monthly Subscription
Amazon Offers Cheaper Audible Monthly Subscription
August 24, 2020  |  Subscriptions

Amazon has introduced a low-cost version of Audible, which calls itself the world’s largest collection of audio books. Get the Full Story Complete the form...

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