News

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

Source: pymnts.com

Lyft Stock Pops On News Of Faster Path To Profitability

Lyft Stock Pops On News Of Faster Path To Profitability
Lyft Stock Pops On News Of Faster Path To Profitability
October 23, 2019  |  Investments

Lyft said it would turn a profit by the end of 2021, one year earlier than expected. Bloomberg reported that the news pushed the ride-hailing...

READ MORE >
Chipotle Drives Digital To Q3 Wins
Chipotle Drives Digital To Q3 Wins
October 22, 2019  |  Earnings

Get ready for more digital drive-throughs in the world of quick-service restaurants (QSRs). That was one of the main messages on Tuesday (Oct. 22) in...

READ MORE >
Zuckerberg’s Testimony Paints Libra As Financial Inclusion Tool
Zuckerberg’s Testimony Paints Libra As Financial Inclusion Tool
October 22, 2019  |  Facebook / Meta

Facebook CEO Mark Zuckerberg testified before the United States House Of Representatives Committee on Financial Services on Tuesday (Oct. 22). He spoke about the company’s...

READ MORE >
NY To Lead 47 AGs In Nationwide Facebook Antitrust Probe
NY To Lead 47 AGs In Nationwide Facebook Antitrust Probe
October 22, 2019  |  Facebook / Meta

In a New York-led antitrust probe into Facebook, New York State Attorney General Letitia James said on Tuesday (Oct. 22) that 47 attorneys general from...

READ MORE >
Nike Shares Swing On News Of CEO’s Departure
Nike Shares Swing On News Of CEO’s Departure
October 22, 2019  |  Personnel

Longtime Nike leader Mark Parker will end his tenure as CEO in January of 2020. Get the Full Story Complete the form to unlock this...

READ MORE >
Ripple Grows Regulatory Team
Ripple Grows Regulatory Team
October 22, 2019  |  Blockchain

Ripple has announced that it’s now a member of the Blockchain Association, an organization that advocates cryptocurrencies and the use of blockchain networks. Get the...

READ MORE >
Sen. Warren Presses Mnuchin On Recent Issues In Repo Markets
Sen. Warren Presses Mnuchin On Recent Issues In Repo Markets
October 22, 2019  |  Legal & Regulation

Recent short-term, or repo, lending issues have Sen. Elizabeth Warren worried that banks could potentially use the problems to justify easing regulations on the banking...

READ MORE >
Portugal Bank Head: EU Banks Must Adapt To ‘New Reality’ Of FinTech 
Portugal Bank Head: EU Banks Must Adapt To ‘New Reality’ Of FinTech 
October 22, 2019  |  Banking

Carlos Costa, the head of the Bank of Portugal and member of the European Central Bank (ECB) board, said banks are going to have to...

READ MORE >