News

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

(source: pymnts.com)

Judge To Decide Whether Uber Can Operate In London
Judge To Decide Whether Uber Can Operate In London
August 28, 2020  |  Ridesharing

As Uber Technologies Inc. seeks to reinstate its license to provide ride-hailing services in London after a suspension, the city’s transportation regulator will leave the decision up...

READ MORE >
Walmart Angles For TikTok Stake
Walmart Angles For TikTok Stake
August 28, 2020  |  Partnerships / Acquisitions

As the clock ticks down on TikTok‘s Chinese owner’s search for a buyer of the company’s U.S. assets, new details are emerging that show just...

READ MORE >
Railsbank To Buy Wirecard’s UK Operations
Railsbank To Buy Wirecard’s UK Operations
August 28, 2020  |  Partnerships / Acquisitions

Wirecard Card Solutions Ltd. has announced plans to sell its U.K. operations more than two months after the disgraced German payments company filed for insolvency....

READ MORE >
New Data Shows Americans Made And Spent Slightly More In July
New Data Shows Americans Made And Spent Slightly More In July
August 28, 2020  |  Economy

Americans made 0.4 percent more money in July than in June, took home 0.2 percent more after taxes and spent 1.9 percent more, according to...

READ MORE >
Consumer Spending: Running Dry …. Or Dry Powder?
Consumer Spending: Running Dry …. Or Dry Powder?
August 28, 2020  |  Consumer Finance

The consumer spending slowdown was due to happen, following the burst of activity and demand that had been hemmed in by the coronavirus. With a...

READ MORE >
Big Lots Reports Record Comp-Store Sales Growth For Q2
Big Lots Reports Record Comp-Store Sales Growth For Q2
August 28, 2020  |  Retail

Home goods retailer Big Lots reported record comparable-store sales increases and “strong” online revenues for its fiscal second quarter (Q2) on Friday (Aug. 28), helping...

READ MORE >
Matching High-Tech Options To Rapidly Changing Trend Lines
Matching High-Tech Options To Rapidly Changing Trend Lines
August 28, 2020  |  Today In Data

Consumers and businesses have made about a decade’s worth of digital progress in the last half-year. The transition has been fast, and at times bumpy, as consumers...

READ MORE >
Whole Paycheck Tracker: The Brawl In California
Whole Paycheck Tracker: The Brawl In California
August 28, 2020  |  Walmart Amazon whole paycheck

A good bit of the Amazon and Walmart bid for the U.S. consumer’s whole paycheck this week was at the top of the news feed....

READ MORE >
eCommerce Drives Big Action For Sporting Goods
eCommerce Drives Big Action For Sporting Goods
August 28, 2020  |  Retail

Sporting goods retailing has emerged as one of the bright spots during the pandemic, and in the process, a competitive advantage against Amazon may be...

READ MORE >