News

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

Source: pymnts.com

‘Green Shoots’ Or Scorched Earth: What We’ve Learned From Banks And Payment Networks’ Latest Earnings Calls

‘Green Shoots’ Or Scorched Earth: What We’ve Learned From Banks And Payment Networks’ Latest Earnings Calls
‘Green Shoots’ Or Scorched Earth: What We’ve Learned From Banks And Payment Networks’ Latest Earnings...
May 04, 2020  |  Banking

Amid the coronavirus pandemic and recessions, the old saying in life might hold true in business, and in particular for firms that rely on consumer...

READ MORE >
Intel Eyes Purchase Of Traffic Data Firm Moovit For $1B
Intel Eyes Purchase Of Traffic Data Firm Moovit For $1B
May 03, 2020  |  Partnerships

American technology giant Intel has acquired Israel’s public transit app Moovit for $1 billion. Some 10 percent of the purchase price is anticipated to retain...

READ MORE >
Some COVID-19 Relief Funds Went To Healthcare Cos Under Scrutiny For Possible Fraud, Report Says
Some COVID-19 Relief Funds Went To Healthcare Cos Under Scrutiny For Possible Fraud, Report Says
May 03, 2020  |  Cybersecurity

The U.S. government’s massive payouts of financial aid to health care providers of Medicaid and other programs have inadvertently resulted in taxpayer dollars going to...

READ MORE >
Bitcoin Daily: Block.one Gets Patent For DLT That Monetizes Social Media Posts; Bitfinex Seeks US Subpoenas To Track Down $800M In User Funds
Bitcoin Daily: Block.one Gets Patent For DLT That Monetizes Social Media Posts; Bitfinex Seeks US...
May 03, 2020  |  Bitcoin

Block.one, which is behind the EOSIO (EOS) protocol, now has a patent for a blockchain-based bidding system for promotional exposure for social media, according to...

READ MORE >
Uber Revs Up Restart, Will Require US Drivers And Riders To Cover Faces
Uber Revs Up Restart, Will Require US Drivers And Riders To Cover Faces
May 03, 2020  |  Ridesharing

Drivers for Uber will soon be required to wear masks in several countries, including the U.S., the company said. Get the Full Story Complete the...

READ MORE >
Georgia’s Push To Reopen Falls Flat As Consumers Stay Home
Georgia’s Push To Reopen Falls Flat As Consumers Stay Home
May 03, 2020  |  Economy

The road to recovery after the coronavirus pandemic is widely expected to be a winding one as businesses, consumers and officials work to figure how...

READ MORE >
Kudlow: Third Round Of SBA PPP Loans ‘May Be’ Necessary
Kudlow: Third Round Of SBA PPP Loans ‘May Be’ Necessary
May 03, 2020  |  Loans

Some 2.2 million small business loans totaling $175 billion were extended on Sunday (May 3) in the second round of the Paycheck Protection Program (PPP)....

READ MORE >
RBS Shutters Bó To Focus On SMB Challenger Bank Mettle
RBS Shutters Bó To Focus On SMB Challenger Bank Mettle
May 03, 2020  |  B2B Payments

Bó, the digital bank developed by U.K. High Street lender Royal Bank of Scotland (RBS), is being closed down by the British state-backed lender NatWest,...

READ MORE >