News

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

Source: pymnts.com

Impossible Foods CFO On The Shift To Grocery And Clearing The Meat Lover’s Bar

Impossible Foods CFO On The Shift To Grocery And Clearing The Meat Lover’s Bar
Impossible Foods CFO On The Shift To Grocery And Clearing The Meat Lover’s Bar
May 06, 2020  |  Retail

The Impossible Burger has had an expansive year — making inroads at restaurants like Burger King with the Impossible Whopper and its debut on grocery shelves last fall. But...

READ MORE >
Jack Ma’s MYbank To Issue $282 Billion In SMB Loans This Year
Jack Ma’s MYbank To Issue $282 Billion In SMB Loans This Year
May 05, 2020  |  Loans

MYbank, the online lending program of billionaire Jack Ma, is facing a serious test as the Chinese economy reels from the effects of the coronavirus,...

READ MORE >
Ripple Lawsuit Alleges Fraud In XRP Sale
Ripple Lawsuit Alleges Fraud In XRP Sale
May 05, 2020  |  Legal & Regulation

A little-known Puerto Rican company, Bitcoin Manipulation Abatement (BMA), has filed a lawsuit against Ripple, accusing the blockchain firm of breaking rules when it ran...

READ MORE >
Garment Factories Reeling As Importers Stop Orders Among Weak Sales
Garment Factories Reeling As Importers Stop Orders Among Weak Sales
May 05, 2020  |  Retail

The coronavirus pandemic has caused a rift in the relationship between apparel manufacturers and retailers, resulting in lost profits and canceled payments as the economy...

READ MORE >
US Household Debt Hits All-Time High
US Household Debt Hits All-Time High
May 05, 2020  |  Debt

Household debt has risen substantially in 2020 thus far, shooting up to $14.3 trillion, a number bypassing the height of the Great Recession by $1.6...

READ MORE >
Bitcoin Daily: TokenAnalyst Shuts Down; Crypto Lender BlockFi Hires Traditional Finance Execs To Lead Expansion
Bitcoin Daily: TokenAnalyst Shuts Down; Crypto Lender BlockFi Hires Traditional Finance Execs To Lead Expansion
May 05, 2020  |  Bitcoin

TokenAnalyst is shuttering its operations, according to a Medium post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

READ MORE >
Closed Theme Parks Sink Disney Earnings; Q3 Could Be Worse
Closed Theme Parks Sink Disney Earnings; Q3 Could Be Worse
May 05, 2020  |  Earnings

The COVID-19 pandemic hit Disney hard for the first three months of 2020, with overall revenue down $1.4 billion largely stemming from its ravaged theme...

READ MORE >
Agicap Closes Funding Round With $16M
Agicap Closes Funding Round With $16M
May 05, 2020  |  B2B Payments

Agicap, a French Software-as-a-Service (SaaS) startup that works with business cash flow data, announced the end of a funding round that netted it 15 million...

READ MORE >