News

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

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Contis, Currencycloud Partner On Cross-Border B2B Payments
Contis, Currencycloud Partner On Cross-Border B2B Payments
August 26, 2020  |  B2B Payments

Contis, a payments solutions platform, announced a partnership with Currencycloud in a bid to offer international payments for 1 million accounts, according to a press...

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Finix Raises $75M In Series B Funding
Finix Raises $75M In Series B Funding
August 26, 2020  |  Investments

Finix has extended its Series B funding round to $75 million, according to a company blog post. The total funding is now $96 million for...

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House Antitrust Chair Says Congress Must Rein In Big Tech
House Antitrust Chair Says Congress Must Rein In Big Tech
August 26, 2020  |  ANTITRUST

Rep. David Cicilline, chairman of the House antitrust panel, is expected to deliver recommendations by next month in the investigation he’s leading into how Big...

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Salesforce Orders Some 1,000 Layoffs Despite Great Earnings And Record Stock Price
Salesforce Orders Some 1,000 Layoffs Despite Great Earnings And Record Stock Price
August 26, 2020  |  Economy

Salesforce is cutting around 1,000 jobs, or 2 percent of its workforce, despite a massive earnings report that raised the company’s stock, CNBC reported. The...

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Republicans Ready A More Modest Stimulus Bill
Republicans Ready A More Modest Stimulus Bill
August 26, 2020  |  Economy

Republican lawmakers are aiming to release a narrower pandemic stimulus bill as soon as this week, CNBC reported. The GOP is considering a $500 billion...

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Etsy Claims Amazon Is Backing California Bill To Edge Out Competition
Etsy Claims Amazon Is Backing California Bill To Edge Out Competition
August 26, 2020  |  eCommerce

Amazon is facing criticism from Etsy CEO Josh Silverman over its support of a new California law. Silverman claimed that Amazon is “taking bold steps...

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Cybersecurity Agencies Warn Banks Of North Korean Hackers
Cybersecurity Agencies Warn Banks Of North Korean Hackers
August 26, 2020  |  Security & Fraud

Four federal agencies say that a hacking team from the North Korean government has attempted to steal nearly $2 billion from ATMs in more than...

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Apple iPhones Won’t Get Fortnite Updates Amid Epic Court Battle
Apple iPhones Won’t Get Fortnite Updates Amid Epic Court Battle
August 26, 2020  |  Legal

With the ongoing strife between Apple and Epic Games, iPhones won’t have access to Fortnite updates, Reuters reported. The news comes as Epic criticized Apple...

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Bitcoin Daily: Fidelity Exec Begins Bitcoin Fund; Sberbank Teams With S7 Airlines For Crypto Ticket Sales
Bitcoin Daily: Fidelity Exec Begins Bitcoin Fund; Sberbank Teams With S7 Airlines For Crypto Ticket...
August 26, 2020  |  Bitcoin

The head strategist of Fidelity Investments is leading a new cryptocurrency fund. “Wise Origin Bitcoin Index Fund I, LP” has a buy-in of at least $100,000, according...

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