News

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

Source: pymnts.com

DOJ Investigates Bitcoin Market Manipulation
DOJ Investigates Bitcoin Market Manipulation
November 20, 2018  |  Bitcoin

The U.S. Justice Department is investigating whether bitcoin’s record-breaking performance last year was caused by market manipulation. Get the Full Story Complete the form to...

READ MORE >
Target Stock Sinks After Q3 Earnings Miss
Target Stock Sinks After Q3 Earnings Miss
November 20, 2018  |  Retail

Target’s stock price slid sharply and suddenly when the firm announced its results for the third quarter, falling 9 percent as the retailer announced a...

READ MORE >
Careem Aims To Raise As Much As $200M From Chinese Investors
Careem Aims To Raise As Much As $200M From Chinese Investors
November 20, 2018  |  Investments

Careem, the leading ride-sharing rival to Uber in the Middle East, is aiming to raise between $100 million and $200 million. Get the Full Story...

READ MORE >
Bitcoin Fails To Take Off As Payment Method
Bitcoin Fails To Take Off As Payment Method
November 20, 2018  |  Cryptocurrency

Bitcoin’s use as a form of commercial payments has declined during the year, at the same time that the digital token appears to be stabilizing....

READ MORE >
Amazon Makes Bid For Disney’s 22 Sports Networks
Amazon Makes Bid For Disney’s 22 Sports Networks
November 20, 2018  |  Amazon

Amazon, the eCommerce giant, is reportedly making a bid for all of the 22 regional sports networks that Disney purchased as part of its Twenty-First...

READ MORE >
Sub-Prime Lending’s Late-Year Bounce
Sub-Prime Lending’s Late-Year Bounce
November 20, 2018  |  Alternative Finances

According to the latest Q3 2018 TransUnion’s Industry Insights Report the back half of 2018 has been a good year for sub-prime borrowers looking for access to credit. In the year...

READ MORE >
Department Of Justice Accuses Globvision CEO Raul Gorrin Of Bribery
Department Of Justice Accuses Globvision CEO Raul Gorrin Of Bribery
November 20, 2018  |  Security & Fraud

The U.S. Justice Department has accused Raul Gorrin, the owner of Globvision, the Venezuelan television channel and Seguros La Vitalicia, the insurance firm, for bribing...

READ MORE >
Coupang Gets $2B Investment From SoftBank’s Vision Fund
Coupang Gets $2B Investment From SoftBank’s Vision Fund
November 20, 2018  |  Investments

Coupang, the South Korean eCommerce company, is getting a $2 billion investment from SoftBank’s Vision Fund, which will provide it with the money to speed...

READ MORE >
ECB To Launch Watchdog Network For AML
ECB To Launch Watchdog Network For AML
November 20, 2018  |  Bank Regulation

The European Central Bank is gearing up to launch a network of watchdogs that share information on money laundering in an effort to increase scrutiny...

READ MORE >