News

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

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Shipt COO: Why Success Requires More Than Just Great Tech

Shipt COO: Why Success Requires More Than Just Great Tech
Shipt COO: Why Success Requires More Than Just Great Tech
July 30, 2020  |  Retail

For some companies, the digital shift has been more seismic than subtle. Shipt is one of those companies. Owned by Target, the shopping and delivery...

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Strong Venmo And QR Code Payments Growth Help PayPal Score Record Q2 Earnings
Strong Venmo And QR Code Payments Growth Help PayPal Score Record Q2 Earnings
July 29, 2020  |  Earnings

In an earnings season defined by diminished expectations amid the worldwide economic shutdown, PayPal not only beat analysts’ expectations Wednesday (July 29) but enjoyed a...

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Tempo And The Home Fitness Gold Rush
Tempo And The Home Fitness Gold Rush
July 29, 2020  |  Investments

Fitness equipment maker Tempo, whose home workout systems retail for nearly $2,000, has seen its valuation hit $250 million amid a massive surge in interest...

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Bitcoin Daily: Philippines Central Bank Eyes Issuing Cryptocurrency; Security Firm Ledger Details Data Breach
Bitcoin Daily: Philippines Central Bank Eyes Issuing Cryptocurrency; Security Firm Ledger Details Data Breach
July 29, 2020  |  Bitcoin

The Philippines central bank is now considering creating its own central bank digital currency (CDBC), it said during a virtual meeting, having formed a committee...

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Upside To Integrate TravelBank For Better Control Of Corporate Business Spend
Upside To Integrate TravelBank For Better Control Of Corporate Business Spend
July 29, 2020  |  B2B Payments

Two tech companies – one that helps companies travel more efficiently and another that helps companies track and process expenses – are integrating some of...

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Fed Chair Powell: Economic Recovery Depends On Success In Controlling Pandemic
Fed Chair Powell: Economic Recovery Depends On Success In Controlling Pandemic
July 29, 2020  |  Economy

Federal Reserve Chair Jerome Powell said Wednesday (July 29) that the road to economic recovery is “extraordinarily uncertain” and will be heavily influenced by how...

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QuickBooks Cash To Help SMBs Manage, Predict Cash Flow
QuickBooks Cash To Help SMBs Manage, Predict Cash Flow
July 29, 2020  |  B2B Payments

With Intuit‘s QuickBooks Cash, a new business bank account feature, small- to medium-sized business (SMB) owners will have an easier time managing finances, the company...

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BoA Expands Mobile Wallets To EMEA, APAC Corporate Clients
BoA Expands Mobile Wallets To EMEA, APAC Corporate Clients
July 29, 2020  |  B2B Payments

Bank of America (BoA) has expanded its mobile wallet use to include corporate customers in the Europe, Middle East and Africa (EMEA) and Asia Pacific...

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