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

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Big Tech, Private Equity Put $10.4B In Indian Mobile Firm Jio Since April

Big Tech, Private Equity Put $10.4B In Indian Mobile Firm Jio Since April
Big Tech, Private Equity Put $10.4B In Indian Mobile Firm Jio Since April
May 22, 2020  |  Investments

Even amid the economic headwinds that are blowing on a global scale, some investors are finding opportunity in what are seen as longstanding or even...

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Pandemic’s Digital Shift, Credit Unions, Stimulus Funds Top This Week’s News
Pandemic’s Digital Shift, Credit Unions, Stimulus Funds Top This Week’s News
May 22, 2020  |  The Weekender

It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments...

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Grocery Startup Missfresh To Close On $500M In Expansion Financing
Grocery Startup Missfresh To Close On $500M In Expansion Financing
May 22, 2020  |  Investments

Beijing’s Missfresh Ecommerce Co., a Chinese grocery delivery startup, is expected to receive more than $500 million in expansion financing as COVID-19 has fueled demand...

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FTC Charges Payday Lender With ‘Deceptively’ Overcharging Clients
FTC Charges Payday Lender With ‘Deceptively’ Overcharging Clients
May 22, 2020  |  Legal & Regulation

After a payday lender allegedly left consumers to pay more than promised by drawing continued interest-only deductions, the Federal Trade Commission (FTC) has charged a lending...

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Today In Payments: China Drops GDP Target; Dubai Creating Free Trading eCommerce Zone
Today In Payments: China Drops GDP Target; Dubai Creating Free Trading eCommerce Zone
May 22, 2020  |  News

In today’s top news, China has opted not to set any economy growth forecast amid the uncertainty caused by the pandemic, and Dubai is creating...

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Whole Paycheck Tracker: Amazon, Walmart Shift To Accommodate An Increasingly Digital Retail World
Whole Paycheck Tracker: Amazon, Walmart Shift To Accommodate An Increasingly Digital Retail World
May 22, 2020  |  Retail

As the nation faces gradual reopenings in all 50 states over the next few weeks, U.S. consumers coming out of the pandemic won’t be quite...

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Instacart Adds Shopper Safety Feature To App
Instacart Adds Shopper Safety Feature To App
May 22, 2020  |  Delivery

Instacart, the online grocery marketplace, has added a safety app to ensure its shoppers are protected amid the COVID-19 pandemic, the San Francisco-based company announced...

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IMF Report: Banking Profits Might Not Exceed Cost Of Equity In 2025
IMF Report: Banking Profits Might Not Exceed Cost Of Equity In 2025
May 22, 2020  |  Banking

A large share of the banking sectors of nine advanced economies, by assets, may not be able to bring in profits higher than their cost...

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