News

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

Source: pymnts.com

FCC Seeks Fines Against Top Cellphone Carriers Following Probe

FCC Seeks Fines Against Top Cellphone Carriers Following Probe
FCC Seeks Fines Against Top Cellphone Carriers Following Probe
February 27, 2020  |  Mobile

The Federal Communications Commission (FCC) is seeking hundreds of millions of dollars in fines from major U.S. cellphone carriers after officials determined the companies didn’t...

READ MORE >
Office Depot Turns To B2B eCommerce To Boost Revenues
Office Depot Turns To B2B eCommerce To Boost Revenues
February 27, 2020  |  B2B Payments

In an effort to boost revenue after disappointing Q4 earnings, Office Depot is turning its attention to business-to-business (B2B) eCommerce, according to reports. The company reported...

READ MORE >
Walmart Takes Aim At Amazon Prime With Walmart+
Walmart Takes Aim At Amazon Prime With Walmart+
February 27, 2020  |  Retail

Walmart, in a bid to stem eCommerce losses and compete more directly with Amazon, is working on a new endeavor called Walmart+ to compete with...

READ MORE >
Lowe’s Goes For Major eCommerce Makeover
Lowe’s Goes For Major eCommerce Makeover
February 27, 2020  |  Retail

When its website went down for a few hours on Black Friday 2018, it was an online disappointment for home improvement titan Lowe’s. It was...

READ MORE >
How The Gig Economy Has Evolved Over The Last Decade
How The Gig Economy Has Evolved Over The Last Decade
February 27, 2020  |  Gig Economy

A quick glance at the workforce of 2020 doesn’t immediately present itself as all that different from the workforce of the year 2000. Get the...

READ MORE >
Coronavirus Affects Movies, Toys, Earnings And Air Travel
Coronavirus Affects Movies, Toys, Earnings And Air Travel
February 27, 2020  |  Cross-border Payments

The COVID-19 virus, also known as the coronavirus, is continuing to spread around the world, and it’s affecting everything from movie release dates to air...

READ MORE >
Today In Payments: US Firms In China Could Miss Projections By 50 Pct; Square Cash App Users Grow 60 Pct YOY
Today In Payments: US Firms In China Could Miss Projections By 50 Pct; Square Cash...
February 27, 2020  |  News

In today’s top payments news, U.S. companies in China warned annual revenue might be off by almost 50 percent due to the coronavirus, Square posted...

READ MORE >
Europe’s Financial Forces Launch Cybersecurity Sharing Initiative
Europe’s Financial Forces Launch Cybersecurity Sharing Initiative
February 27, 2020  |  Cybersecurity

A cross-section of European financial powerhouses – including members of the Euro Cyber Resilience Board for pan-European Financial Infrastructures (ECRB), chaired by the European Central...

READ MORE >