News

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

Source: pymnts.com

Kroger Earnings Expected To Show Benefit Of Digital Shift

Kroger Earnings Expected To Show Benefit Of Digital Shift
Kroger Earnings Expected To Show Benefit Of Digital Shift
June 17, 2020  |  Retail

Kroger is expected to post better than expected earnings tomorrow on both sides of the grocery aisle — offline and digital. Analysts expect the company...

READ MORE >
Facebook Deal With Jio Faces Antitrust Scrutiny In India
Facebook Deal With Jio Faces Antitrust Scrutiny In India
June 17, 2020  |  Facebook / Meta

The Competition Commission of India (CCI), the nation’s antitrust police, is investigating Facebook Inc.’s purchase of a 10 percent stake in Reliance Jio Infocomm Ltd.’s...

READ MORE >
Hiscox Teams With Thimble For Short-Duration Business Insurance
Hiscox Teams With Thimble For Short-Duration Business Insurance
June 17, 2020  |  B2B Payments

To provide business insurance plans for companies on a monthly, daily or hourly basis, small business insurer Hiscox has teamed with Thimble, according to an...

READ MORE >
FCA Fines Commerzbank London $47.5 Million For AML Failings
FCA Fines Commerzbank London $47.5 Million For AML Failings
June 17, 2020  |  Bank Regulation

Germany’s Commerzbank London has agreed to pay a fine of £37,805,400 — about $47.45 million — “for failing to put adequate anti-money laundering (AML) systems...

READ MORE >
Uber Inks First Deal To Manage Public Transit
Uber Inks First Deal To Manage Public Transit
June 17, 2020  |  Ridesharing

With ridesharing having taken a hit from the pandemic, Uber is pushing into a new sector: public transportation. Get the Full Story Complete the form...

READ MORE >
Today In Payments: Jobless Americans Can’t Afford Doctor Visits; Powell Says US Faces Long-Term Economic Damage
Today In Payments: Jobless Americans Can’t Afford Doctor Visits; Powell Says US Faces Long-Term Economic...
June 17, 2020  |  News

In today’s top news, many jobless Americans can’t afford to seek medical care, and the Fed’s Jerome Powell said the economy is far from a...

READ MORE >
Former eBay PR Chief Reportedly Involved In Harassment Campaign
Former eBay PR Chief Reportedly Involved In Harassment Campaign
June 17, 2020  |  Cybersecurity

A former eBay communications chief and veteran public relations executive was involved in a campaign to cyberstalk and harass a Massachusetts couple behind a newsletter...

READ MORE >
Medius Brings SMB Invoice Automation Offering To US Market
Medius Brings SMB Invoice Automation Offering To US Market
June 17, 2020  |  B2B Payments

To provide small companies with accounts payable (AP) automation, Medius is bringing its MediusGo invoice automation product to the American market. The cloud-based spend management...

READ MORE >