News

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

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IRS To Make Up For Shorted Stimulus Payments To Some Taxpayers
IRS To Make Up For Shorted Stimulus Payments To Some Taxpayers
August 27, 2020  |  Disbursements

Some Americans who got smaller stimulus payments than they expected or even none at all in the spring should receive funds soon, CNBC reported Thursday...

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Bill.com, KeyBank Partner On Online Banking For Businesses
Bill.com, KeyBank Partner On Online Banking For Businesses
August 27, 2020  |  B2B Payments

Bill.com, which works in cloud-based software to simplify payments through automation, has partnered with KeyBank to introduce Key CashFlowsm, which aims to help small to...

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Walmart Divests Of Shoes.com, Bare Necessities Brands As Part Of Digital Streamlining
Walmart Divests Of Shoes.com, Bare Necessities Brands As Part Of Digital Streamlining
August 27, 2020  |  Walmart

Walmart is selling two of its online brands in a continuing goal to concentrate on its website. Bloomberg reported Thursday (Aug. 27) that the Arkansas-based...

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Related Cos. CEO Calls For Workers To Come Back To New York City
Related Cos. CEO Calls For Workers To Come Back To New York City
August 27, 2020  |  Economy

Some major New York City retail properties — including the shopping center at Hudson Yards — are only producing 50 percent of pre-pandemic rent, the...

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Panda Express Links With Blackhawk Network To Offer Digital Gift Cards
Panda Express Links With Blackhawk Network To Offer Digital Gift Cards
August 27, 2020  |  Retail

Asian-American cuisine restaurant operator Panda Express, which has 2,000 eateries across the United States, is running a new digital gift card program using services provided...

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NAR: Housing Market Activity Continues To Pick Up
NAR: Housing Market Activity Continues To Pick Up
August 27, 2020  |  Real Estate

Housing market activity as measured by the signing of sales contracts rose for the third consecutive month, the National Association of Realtors (NAR) said on...

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Klarna Sees 615 Pct Increase In Net Losses
Klarna Sees 615 Pct Increase In Net Losses
August 27, 2020  |  Earnings

Klarna, the Swedish-based global payments and by now, pay later (BNPL) provider, reported mixed results for 2020’s first half — a 37 percent jump in...

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Fidelity To Launch Bitcoin Fund For Rich Investors
Fidelity To Launch Bitcoin Fund For Rich Investors
August 27, 2020  |  Bitcoin

News came this week that Fidelity Investments has filed paperwork with the U.S. Securities and Exchange Commission (SEC) to launch a fund focused on bitcoin....

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SEC Looks Into Supply Chain Finance At Coca-Cola, Boeing
SEC Looks Into Supply Chain Finance At Coca-Cola, Boeing
August 27, 2020  |  B2B Payments

The U.S. Securities and Exchange Commission (SEC) is asking Coca-Cola, Boeing and other blue-chip companies how they implement supply chain finance, The Wall Street Journal...

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