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Today On PYMNTS.com

Innovation
The Connected Devices We Never Knew We Needed
Like so many other major events, the Consumer Electronics Show (CES) was different this...
Innovation
MercadoLibre To Expand Electric Fleet After $1.1 Billion Bond Sale
Latin American eCommerce giant MercadoLibre has sold $1.1 billion in bonds to expand its...
Apple
Apple Considers Podcast Service To Better Compete With Spotify
Apple is exploring the addition of a premium subscription podcast tier to become a...
Security & Fraud
FinCEN Hits Capital One For $390 Million; Says Bank Violated...
The Financial Crimes Enforcement Network (FinCEN) late Friday (Jan. 15) announced that it is...
Earnings
What We Learned From Banks’ Opening Earnings Salvo
In the first wave of Q4 earnings reports, J.P. Morgan Chase, Citigroup and Wells...
Earnings
Citi Q4 Earnings Show Digital Banking Growth, Drop In Card...
Citigroup reported stronger than expected Q4 earnings Friday (Jan. 15) that showed a solid...
Investments
Blend And MX FinTechs Land $300 Million Investments
Blend and MX, which are both FinTech startups, separately announced that they have each...
IPO
Bumble Plans To Go Public On The Nasdaq
Relationships app Bumble Inc. plans to go public and list its Class A shares...
Google
Play Store Has State AGs Exploring Third Google Lawsuit
Alphabet-owned Google could be hit by a third lawsuit by state attorneys general, this...
Delivery
Uber Seeks Investors To Launch Startup For Postmates X Delivery...
Uber is seeking investors so it can launch a separate startup for the robotics...
The Weekender
Roblox, Digital-First Shopping, QR Codes Top This Week’s News
In this week's news, we saw Roblox’s plans to go public through a direct...
Coronavirus
Pandemic Raises A Glass To Non-Alcoholic 'Mocktails'
Sales of alcohol soared during the early weeks and months of the pandemic, but...
Retail
Holiday Sales Shot Up 8.3 Pct In 2020
Despite the ongoing pandemic, retail holiday sales were 8.3 percent higher in 2020 than...
News
Today In Payments: Poshmark More Than Doubles Valuation In Nasdaq...
In today’s top news, Poshmark has more than doubled its valuation after its IPO...
Earnings
Wells Fargo’s Provision For Credit Losses Drops $823 Million
Wells Fargo reported on Friday (Jan. 15) as part of its Q4 2020 earnings...
Retail
Marc Lore Retiring From Walmart To Create City Of The...
Serial entrepreneur and Jet.com Founder Marc Lore is retiring as Walmart’s CEO of eCommerce...
Travel Payments
Delta, Airbnb CEOs Say Travel Is Rebounding, But Change Is...
Surviving the worst year in aviation history is, itself, an accomplishment. According to Delta...
Banking
ECB Officials Fear Banks Will Get Hit Hard By Pandemic...
European Central Bank (ECB) officials are concerned that Euro-area banks will get hit hard...
B2B Payments
Today In B2B: HSBC Launches Cash Flow Tech; TD Makes...
Today in B2B payments, HSBC launches cash flow management tool, and TD Bank acquires...
Retail
Pandemic Surge Slows Consumer Spending; December Retail Sales Drop
The momentum of the new pandemic surge was too much for consumer spending to...
Earnings
JPMorgan’s Mobile Customers Surge 10 Pct; Management Cautious On Economic...
J.P. Morgan Chase posted fourth-quarter earnings results on Friday (Jan. 15) that showed the...

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