News

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

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Freightos Acquires International Procurement Platform Shipsta
Freightos Acquires International Procurement Platform Shipsta
August 19, 2024  |  Earnings

The freight market makes the world’s trade and commerce go ’round. And, if the Monday (Aug. 19) second-quarter 2024 earnings call from freight booking and...

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Venture-Backed Startups Going Bankrupt at Alarming Rate
Venture-Backed Startups Going Bankrupt at Alarming Rate
August 19, 2024  |  Startups

Startup failures in the U.S. have surged by 60% in the past year, posing a threat to millions of jobs and potentially impacting the wider...

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Cyberattack Surge Demands Culture of Proactive Security
Cyberattack Surge Demands Culture of Proactive Security
August 19, 2024  |  Cybersecurity

Death and taxes have long been life’s unavoidable realities. Now, add to that list the rising prevalence of cyberattacks — and the growing imperative for...

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The Clearing House CISO Says Multilayered Defense Key to Operational Resilience
The Clearing House CISO Says Multilayered Defense Key to Operational Resilience
August 19, 2024  |  Cybersecurity

In today’s hyper-connected operating environment, the question is not if a business will face a cyberthreat, but when. “Security events and security alerts are something...

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Visa’s Koenigsberg Says Small Businesses Are Ready to Embrace BNPL
Visa’s Koenigsberg Says Small Businesses Are Ready to Embrace BNPL
August 19, 2024  |  Buy Now Pay Later

In the global view, small businesses aren’t so small. They represent 90% of all businesses and more than 50% of employment globally. And in emerging...

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Data Shows 93% of Truckers Would Use Instant Payments if Offered
Data Shows 93% of Truckers Would Use Instant Payments if Offered
August 19, 2024  |  Real-Time Payments

The transportation industry is a high-speed world of logistics and delivery, where efficiency and speed are paramount. Yet, the methods by which many transportation businesses...

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CE 100 Index Surges 4.7% as Vroom Steers Toward Double-Digit Growth
CE 100 Index Surges 4.7% as Vroom Steers Toward Double-Digit Growth
August 19, 2024  |  Connected Economy

Earnings were everywhere this past week, propelling the CE 100 Index 4.7% higher, and any losses seen among our names were negligible.  In fact, most...

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Starbucks’ New CEO Faces ‘Achilles Heel’ of Mobile Ordering
Starbucks’ New CEO Faces ‘Achilles Heel’ of Mobile Ordering
August 18, 2024  |  ResTech

Is Starbucks’ mobile app the company’s greatest weakness? Former CEO Howard Schultz has said as much, per a recent podcast appearance. And it’s something new...

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Tech Layoffs Reach 132,000 8 Months Into 2024
Tech Layoffs Reach 132,000 8 Months Into 2024
August 18, 2024  |  Technology

This year is shaping up to be a painful one for people working in tech. As Seeking Alpha noted in a report Sunday (Aug. 18),...

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