News

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

(source: pymnts.com)

Report: Putting An End To AP Invoicing Errors
Report: Putting An End To AP Invoicing Errors
August 31, 2020  |  CFO

Major changes continue to sweep across the business-to-business (B2B) payments scene. The COVID-19 pandemic is making paper-based transactions increasingly challenging, and the adoption of faster...

READ MORE >
Blend CEO: Why Mortgage Lending Needs More Data, Not More Documents
Blend CEO: Why Mortgage Lending Needs More Data, Not More Documents
August 31, 2020  |  Real Estate

The great digital shift might upend the way we get mortgages, transforming a $2.1 trillion industry weighed down by time-consuming processes to one that is...

READ MORE >
New Report: How Online Marketplaces Can Capture The $129 Billion Small Business Seller Opportunity
New Report: How Online Marketplaces Can Capture The $129 Billion Small Business Seller Opportunity
August 31, 2020  |  SMBs

The pandemic has Main Street businesses turning to online marketplaces to boost sales. But for sellers dealing with cash-flow shortages, marketplace payout speeds aren't cutting...

READ MORE >
Why Walmart’s Knocking On TikTok’s Door
Why Walmart’s Knocking On TikTok’s Door
August 31, 2020  |  Social Commerce

Big box behemoth. Tech juggernaut. Controversial social media upstart. Talk about strange bedfellows. TikTok’s Chinese owners are reportedly looking to sell its U.S. assets. That...

READ MORE >
Meeting The Payments Needs Of Cross-Border Gig Workers
Meeting The Payments Needs Of Cross-Border Gig Workers
August 31, 2020  |  Gig Economy

Even before the pandemic upended the ways we live and work, the workforce itself was shifting, marked by the rapid expansion of the gig economy....

READ MORE >
Bitcoin Daily: US Seizes Crypto Accounts Tied To N. Korean Cyberattacks That Stole $29M; Australia Probes Horse Racing Group Linked To OneCoin Crypto Scam
Bitcoin Daily: US Seizes Crypto Accounts Tied To N. Korean Cyberattacks That Stole $29M; Australia...
August 31, 2020  |  Cryptocurrency

Australian racing officials are looking into a thoroughbred operation after it was revealed that the owner could’ve been involved in a money laundering scheme linked...

READ MORE >
SPACs ‘Not A Fit For Every Company’ Says DraftKings Chief
SPACs ‘Not A Fit For Every Company’ Says DraftKings Chief
August 30, 2020  |  Investments

Fantasy gaming company DraftKings CEO Jason Robins thinks the special purpose acquisition company (SPAC) market might be getting a little too big and hopes it...

READ MORE >
Chinese Bank Shuts Public Access To eWallet For Digital Yuan
Chinese Bank Shuts Public Access To eWallet For Digital Yuan
August 30, 2020  |  Cryptocurrency

One of the four largest Chinese banks swiftly disabled its new soft launch for a digital yuan wallet after its quiet rollout got mass attention,...

READ MORE >
CheckAlt, NXTsoft Partner To Boost Real-Time Integrations
CheckAlt, NXTsoft Partner To Boost Real-Time Integrations
August 30, 2020  |  B2B Payments

CheckAlt, which provides treasury management and item processing, is partnering with OmniConnect, NXTsoft‘s secure connectivity solution, to allow for faster real-time integrations, a press release...

READ MORE >