News

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

Source: pymnts.com

Ongoing Apple Pay Outage Stops Users From Accessing eWallet, Paying Bills

Ongoing Apple Pay Outage Stops Users From Accessing eWallet, Paying Bills
Ongoing Apple Pay Outage Stops Users From Accessing eWallet, Paying Bills
April 27, 2020  |  Apple Pay

An outage at Apple prevented users from paying their bills and accessing other features on Sunday, April 26. However, the tech giant said the issue...

READ MORE >
Bitcoin Daily: DOJ Seizes COVID-19 Fraud Website As Owner Asks For Bitcoin; NYC Hospitals Use Blockchain For Supplies
Bitcoin Daily: DOJ Seizes COVID-19 Fraud Website As Owner Asks For Bitcoin; NYC Hospitals Use...
April 27, 2020  |  Bitcoin

The owner of a site that wanted to sell fake coronavirus cures and accept payment in bitcoin has been seized by the U.S. Attorney’s Office...

READ MORE >
BoA CEO Says All PPP Applications Should Be Funded
BoA CEO Says All PPP Applications Should Be Funded
April 26, 2020  |  Loans

As the Paycheck Prevention Program (PPP) reopens on Monday (April 27) with $310 billion, Bank of America (BoA) chief executive officer (CEO) Brian Moynihan said...

READ MORE >
Reliance Tests eCommerce Portal In India
Reliance Tests eCommerce Portal In India
April 26, 2020  |  eCommerce

A new shopping portal by Reliance Retail initiated testing just days after it was announced that Facebook would invest $5.7 million in digital assets into...

READ MORE >
Digits Lands GV Backing For Expense Management Tech
Digits Lands GV Backing For Expense Management Tech
April 26, 2020  |  B2B Payments

Silicon Valley FinTech startup Digits announced a $22 million Series B funding round led by GV — formerly known as Google Ventures — to launch...

READ MORE >
WH Economic Adviser Hassett Expects US Jobless Rate To Climb To 16 Pct
WH Economic Adviser Hassett Expects US Jobless Rate To Climb To 16 Pct
April 26, 2020  |  Economy

The U.S. economy could face a historic shock amid the coronavirus pandemic, with a possible 16 percent unemployment rate, hitting levels aligned with the Great...

READ MORE >
Mnuchin: Relief Efforts Now Should Show Results In Summer
Mnuchin: Relief Efforts Now Should Show Results In Summer
April 26, 2020  |  Economy

Treasury Secretary Steve Mnuchin remains in good spirits over the U.S.’s economic future as summer approaches, saying the financial aid efforts thus far should help...

READ MORE >
Some Smaller Public Cos Opt To Keep PPP Funds
Some Smaller Public Cos Opt To Keep PPP Funds
April 26, 2020  |  Loans

While some of the more than 200 publicly traded companies that received funds from the Paycheck Protection Program (PPP) agreed to return the millions of...

READ MORE >