News

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

(source: pymnts.com)

Truist CIO: Overcoming The Roadblocks To Faster Payments
Truist CIO: Overcoming The Roadblocks To Faster Payments
August 26, 2020  |  Payments Innovation

Instant payments are in higher demand than ever in 2020, with ACI Worldwide estimating that more than 500 billion real-time payments will be processed over...

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Making The Business Case For Employer-Sponsored Financial-Wellness Tools
Making The Business Case For Employer-Sponsored Financial-Wellness Tools
August 26, 2020  |  Personnel

For all the myriad challenges COVID-19 has created for the world of work, it’s also created some critical opportunities. Jeff Gies, ADP vice president, told PYMNTS...

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Why The Smart Payments Money Is On Gateway Diversification
Why The Smart Payments Money Is On Gateway Diversification
August 26, 2020  |  Retail

In business, the mantra goes — diversify. So it is with payments, where, for merchants, relying on one channel or gateway for transactions can prove...

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Lenders Ask Homebuyers To Certify They Won’t Seek Forbearance
Lenders Ask Homebuyers To Certify They Won’t Seek Forbearance
August 25, 2020  |  Loans

Mortgage lenders, seeking to keep losses low, are asking homebuyers if they plan to seek forbearance due to the current economic crisis, The Wall Street...

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Consumer Switch To eCommerce Prompts UK Retailers To Slash Jobs
Consumer Switch To eCommerce Prompts UK Retailers To Slash Jobs
August 25, 2020  |  Economy

Retail employment in the U.K. has dropped 45 percent since May in the sharpest fall it has taken since the 2009 recession, the Confederation of...

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China’s Ride-Hailing Didi Chuxing Debuts Russia Service
China’s Ride-Hailing Didi Chuxing Debuts Russia Service
August 25, 2020  |  Ridesharing

Didi Chuxing, the Chinese ride-hailing service, has launched in Russia as the company’s first Eurasian market, a blog post on the company website announced. DiDi...

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Nordstrom Misses Big On Earnings And Digital Shift
Nordstrom Misses Big On Earnings And Digital Shift
August 25, 2020  |  Earnings

The digital shift hasn’t quite found its way to Nordstrom, but the company said it’s getting there. Second quarter earnings, announced Tuesday (Aug. 25), showed...

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Mastercard: 73 Pct Of SMBs Say Digital Payments Are ‘New Normal’
Mastercard: 73 Pct Of SMBs Say Digital Payments Are ‘New Normal’
August 25, 2020  |  B2B Payments

A new Mastercard study of small- to medium-sized businesses (SMBs) finds that the pandemic has influenced over half of respondents to switch to digital B2B...

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Bitcoin Daily: China Plans To Use Digital Yuan At 2022 Winter Olympics; Authorities Arrest Man Behind Alleged $1.73M Crypto Scheme In Australia
Bitcoin Daily: China Plans To Use Digital Yuan At 2022 Winter Olympics; Authorities Arrest Man...
August 25, 2020  |  Bitcoin

Internal pilots of China’s official cryptocurrency are in progress in multiple cities, and there are intentions to use the digital currency at Beijing’s Winter Olympic...

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