News

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

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US Consumer Sentiment Tumbles in August

US Consumer Sentiment Tumbles in August
US Consumer Sentiment Tumbles in August
September 17, 2021  |  Economy

Preliminary results in the University of Michigan’s monthly consumer sentiment survey shows the index dropping 11.7% (80.4 to 71.0) compared to the same time a...

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Menswear Marketplace Grailed Notches $60M in GOAT Group-Led Round
Menswear Marketplace Grailed Notches $60M in GOAT Group-Led Round
September 17, 2021  |  Investments

New York-based curated menswear resale platform Grailed has just raised $60 million in new funding with a Series B round led by GOAT Group, an...

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PayPal Finalizes UK Crypto Trading With Litecoin, Ethereum Addition
PayPal Finalizes UK Crypto Trading With Litecoin, Ethereum Addition
September 17, 2021  |  Cryptocurrency

PayPal in the U.K. has completed its launch of cryptocurrency trading on the platform to include Litecoin and Ethereum, adding to bitcoin and BitcoinCash, which...

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New Provider Ranking of Aggregator Apps Deviates in Unforeseen Directions
New Provider Ranking of Aggregator Apps Deviates in Unforeseen Directions
September 17, 2021  |  Mobile Applications

A recent PYMNTS study found that 52% of consumers made retail purchases through aggregators last year. What does it mean? Well, we’re pretty sure people...

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Stord Hits $1.1B Valuation After Series D Funding
Stord Hits $1.1B Valuation After Series D Funding
September 17, 2021  |  Investments

Stord is now valued at $1.1 billion after the successful raise of $90 million in Series D funding. This new round of seed financing is...

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Vuzix, Verizon, Partner on BlueJeans Smart Glasses
Vuzix, Verizon, Partner on BlueJeans Smart Glasses
September 17, 2021  |  Wearables

Smart glasses firm Vuzix Corporation is working with Verizon’s video conferencing arm BlueJeans to expand the power of BlueJeans running on Vuzix’s glasses by tapping...

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Walmart Joins Ford and Argo AI on Driverless Delivery, Apple Fixes ‘Zero Click’ iMessage Breach and OpenSea’s Massive NFT Activity Drop Top This Week’s News 
Walmart Joins Ford and Argo AI on Driverless Delivery, Apple Fixes ‘Zero Click’ iMessage Breach...
September 17, 2021  |  The Weekender

In this week’s news, we saw retail subscriptions at risk when the COVID-19 pandemic ends, while Apple finally closed a longstanding security loophole. The Weekender...

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This Week in Payments: EU Goes Super AND Streamlined, BNPL’s Got MoJo, Plus a Sideline View of Crypto 
This Week in Payments: EU Goes Super AND Streamlined, BNPL’s Got MoJo, Plus a Sideline...
September 17, 2021  |  News

In a week that saw yet more big money moves into the buy now, pay later (BNPL) space and Europe laying out its plans —...

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Toast Leads the IPO Parade of Platforms Featuring Hefty Valuations
Toast Leads the IPO Parade of Platforms Featuring Hefty Valuations
September 17, 2021  |  IPO

Last week’s listing announcements and actual public debuts of companies were more widely varied among initial public offerings (IPOs) and special-purpose acquisition company (SPAC)-related headlines...

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