News

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

(source: pymnts.com)

Forgetting To Cash The Check Is A $740M Mistake
Forgetting To Cash The Check Is A $740M Mistake
September 07, 2016  |  B2B Payments

Nearly $740 million is lost by small and medium-sized businesses in the U.K. every year for a simple reason: They either lose, or forget to...

READ MORE >
Seattle Utility Customers Privy To Confidential Data
Seattle Utility Customers Privy To Confidential Data
September 07, 2016  |  Security & Fraud

Customers of Seattle City Light and Seattle Public Utilities had a lot to gossip about on Sunday and Monday this past weekend when the utility...

READ MORE >
Mastercard Is Over The Wallet — And All About The Acceptance Network
Mastercard Is Over The Wallet — And All About The Acceptance Network
September 07, 2016  |  Mastercard

With an only moderately powerful time machine, one could easily return to the time period when the digital wallet was the “it” payments technology of...

READ MORE >
Tok Tok Tok Shutters, Technology Bought By Just Eat
Tok Tok Tok Shutters, Technology Bought By Just Eat
September 06, 2016  |  Mobile Applications

In Europe, food delivery is a hot market and one that is seeing plenty of activity, as players try to realign business models to compete...

READ MORE >
What To Make Of Jobs Report
What To Make Of Jobs Report
September 06, 2016  |  Consumer Insights

The numbers are in, and the latest jobs report missed estimates. As reported, the U.S. economy added 151,000 new positions in August, with estimates having...

READ MORE >
Verifone Crashes, While Other Stocks Eke Out Gains
Verifone Crashes, While Other Stocks Eke Out Gains
September 06, 2016  |  Payment Methods

The PYMNTS Stock Index saw a few mid-sized percentage gains, which may have cheered investors over the long holiday weekend. The smaller the stock, however, the...

READ MORE >
UK Losing Foreign Exchange Market To Asia
UK Losing Foreign Exchange Market To Asia
September 06, 2016  |  Cross Border Commerce

Brexit has hit the pound hard. Financial Times reported that the U.K.’s share of the foreign exchange market has dropped, while the Bank for International...

READ MORE >
Amazon, Google And Apple Side With Microsoft In Customer Privacy Fight With Government
Amazon, Google And Apple Side With Microsoft In Customer Privacy Fight With Government
September 06, 2016  |  Regulation

Microsoft has gotten some big-name allies in its ongoing argument with the U.S. government about its customers’ privacy rights and to what extent it is allowed/required...

READ MORE >
UK Retail Sales End Summer On A Down Note
UK Retail Sales End Summer On A Down Note
September 06, 2016  |  Retail

Summer’s shopping season ended with more of a whimper than a bang in the U.K., according to recently released figures. A survey out of a...

READ MORE >