News

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

Source: pymnts.com

Chinese Consumers Shut Their Wallets In Face Of Coronavirus 

Chinese Consumers Shut Their Wallets In Face Of Coronavirus 
Chinese Consumers Shut Their Wallets In Face Of Coronavirus 
January 27, 2020  |  Cross-border Payments

Businesses in China are bracing for the fallout from the coronavirus outbreak, causing both Disney and McDonald’s to shutter over the Lunar New Year holiday...

READ MORE >
Tight UK Scooter Regs Lead To Bird Chief’s Exit
Tight UK Scooter Regs Lead To Bird Chief’s Exit
January 27, 2020  |  Personnel

Bird Rides, Inc., the eScooter startup, lost its U.K. and Ireland boss Richard Corbett, who stepped down from the job after two years at the...

READ MORE >
Life House Tech-Focused Hotel Brand Closes $30M Fundraise
Life House Tech-Focused Hotel Brand Closes $30M Fundraise
January 27, 2020  |  Investments

Ashton Kutcher is among the many investors closing a $30 million deal to help Life House continue its disruption of hotels, Life House announced on...

READ MORE >
Monzo Courts SoftBank As Part Of £100M Capital Raise
Monzo Courts SoftBank As Part Of £100M Capital Raise
January 27, 2020  |  Investments

British banking unicorn Monzo is in talks with Japanese investment conglomerate SoftBank for financial assistance in its growth plans into the U.S. Monzo Co-founder Tom...

READ MORE >
Codat, Temenos Partner For Bank, SMB Alliance
Codat, Temenos Partner For Bank, SMB Alliance
January 27, 2020  |  B2B Payments

Swiss banking software firm Temenos is partnering with London accounting API startup Codat, Temenos announced on Friday (Jan. 24). Get the Full Story Complete the...

READ MORE >
New EU Policy Pushes For Data Sharing To Foster Blockchain, AI Use
New EU Policy Pushes For Data Sharing To Foster Blockchain, AI Use
January 26, 2020  |  Europe

The EU is looking to adopt new antitrust rules that will aim to give European companies more leeway in the market. Get the Full Story...

READ MORE >
SoftBank To Lead $125M Round For LATAM FinTech AlphaCredit
SoftBank To Lead $125M Round For LATAM FinTech AlphaCredit
January 26, 2020  |  Fintech Investments

Latin America-based AlphaCredit has signed up for a funding round to raise $125 million, led by SoftBank’s Latin America fund. Get the Full Story Complete...

READ MORE >
Microsoft Health Exec Calls For More Transparency Of Patient Data
Microsoft Health Exec Calls For More Transparency Of Patient Data
January 26, 2020  |  Healthcare

Peter Lee, corporate vice president of Microsoft Healthcare, wants to make sure patients have access to their healthcare records. Get the Full Story Complete the...

READ MORE >